# DeFi — X 热门讨论 (2026-09-22 15:26 UTC)
## @lukman4838 (LUKSONTEACH) · 09-22 12:51 · ♥94 ↻0 💬111 The interesting thing about crypto is that you can own your assets without a bank.
But once you start building a portfolio, managing everything yourself can become complicated very quickly.
That’s the problem @blok_cap is working on.
BLOK Capital is building decentralized wealth-management infrastructure where your crypto portfolio can be managed on-chain without giving up control of your assets.
The core idea is the Garden.
Think of a Garden as your own on-chain portfolio. You can manage it yourself, or connect it to an Index that defines how the portfolio should be allocated and rebalanced.
With a self-managed Garden, you make the decisions yourself.
With an Index Garden, the portfolio follows predefined weights and can rebalance automatically according to the selected strategy.
Either way, the goal is to keep the management transparent and the assets non-custodial. BLOK’s documentation states that movements are executed through smart contracts and that external parties cannot withdraw the funds. (Blok Capital)
Then there’s the infrastructure underneath.
BLOK uses a modular Diamond architecture, allowing different capabilities such as index management and DeFi integrations to operate through separate facets. Those integrations are governed through a Facet Registry, while protocol changes are handled through DAO governance. (Blok Capital)
This creates a different model for managing digital wealth.
Instead of simply handing your assets to a centralized manager and waiting for a report, the goal is to make portfolio activity and the rules behind it more visible on-chain.
And the DAO is an important part of that structure.
BLOK uses Aragon-based governance for protocol decisions, giving $BLOKC holders a role in proposals and changes to the ecosystem. (Blok Capital)
The community side is also becoming more active.
BLOK currently has a contributor rewards system for eligible original X posts mentioning $BLOKC or @blok_cap. The current system uses automated scoring, human approval through multiple signers, and on-chain settlement. (Blok Capital)
So when I look at BLOK, I don’t see it as simply another place to hold crypto.
I see an attempt to bring the structure of wealth management into an on-chain environment:
Your portfolio can live in a Garden.
Your strategy can be defined by an Index.
Your decisions can remain yours.
The execution can happen through smart contracts.
And governance can happen through the DAO.
That is the bigger idea behind @blok_cap:
making digital wealth management more structured without making users give up control of their assets.
It’s crypto, but different.
#BLOKC https://x.com/lukman4838/status/2102380192828133803
## @Janumetax (JÅÑÛ) · 09-22 12:47 · ♥86 ↻1 💬102 What stood out to me about Quip being at CoinDesk Policy & Regulation is how quickly the quantum conversation is moving beyond research labs
The important question now is not only what quantum computers can do
It is also what happens to digital assets security privacy and cross chain infrastructure when that capability becomes real
That is exactly why Quip is building post quantum accounts and Interlock alongside its compute network
Quantum is becoming an infrastructure and policy conversation at the same time
Interesting to see @quipnetwork in that room while the rules around this technology are still being shaped.
> The part of @NucleusCodes I find most interesting is that reputation is not treated as one simple score
Nucleus separates Signal from Nexus
Signal represents your onchain activity
Nexus captures your social and offchain contribution
That distinction matters because trading activity and meaningful community work tell very different stories
Your profile can rank differently across those layers depending on what you actually do
Then $AURA sits above that system and reflects your position within the wider ecosystem
What I like about this model is the vertical context
NFTs DeFi AI RWA Gaming Memecoins
Being valuable in one vertical does not automatically mean you have the same reputation everywhere
That makes the system harder to reduce to one vanity number
To me the real test for Nucleus is simple
Does reputation change who gets access to opportunities?
If it does then the score is not just a leaderboard
It becomes infrastructure for distribution 🧠 https://x.com/Janumetax/status/2102379380169380227
## @Malcolm_Great1 (💫 Malcolm_Great1🦔 🫶) · 09-22 12:13 · ♥76 ↻11 💬54 A TOKEN IS ONLY ONE PIECE OF THE PUZZLE. 🍬
@Candy_Ecosystem is building the pieces around it.
From Web3 and gaming to NFTs, digital experiences and community, the Candy Ecosystem is taking shape with a bigger vision beyond a single asset.
CandyCoin is currently in its public pre-seed at $0.0004.
The ecosystem is still being built, and there’s plenty more to come.
Take a look around https://t.co/1F9ln69nuD
#CandyChain #DeFi #Crypto https://x.com/Malcolm_Great1/status/2102370764020199699
## @brrrfyi (brrr) · 09-22 13:32 · ♥70 ↻17 💬25 Lending is live on brrr!
We are bringing DeFi to the $1B stonkfun ecosystem. Tokens paired with stocks and reward tokens were locked out of it. Not anymore.
Live now: • aTokens as collateral (aZCAT, aBTC, aPURR, aBRRR, more coming) • Borrow USDC, 15% LTV • The loop keeps compounding while your collateral sits
The market: • Tokenized stocks $2.5B onchain, 7x in a year, 3.6M holders. Only 3% does anything in DeFi. 97% idle. • Stonkfun: ~$1B cap, 1,800+ tokens, $135M biggest day • Regular tokens have lenders or perps. Reward-paired tokens had nothing. That is the gap we are building into.
$BTC (@BTCbuythecat) solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR $PURR $RAYCAT solana:8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS (@KnotsOnStonk) $BRRR. Shipping for the @LaunchOnSF ecosystem.
Watch your memes brrr https://x.com/brrrfyi/status/2102390624578056612
## @Tanaka_L2 (Tanaka) · 09-22 14:06 · ♥76 ↻3 💬23 DeFi TVL is back around $95.8B, still only ~53% of the ~$180B 2021 peak.
If DeFi summer narrative come back right now, the actual comeback might looks much more boring because the industry already matured.
– $55.3B sitting in lending protocols
– $24.2B of active loans across @aave, @Morpho, @sparkfinance etc
– $50B across liquid staking protocol
At current stage, capital isn't just parking there waiting for emissions. Borrowers are actually paying for balance sheet.
This is probably the biggest difference versus old DeFi Summer.
2020 yield was mostly: deposit liquidity → protocol prints token → farmer dumps token.
The current stack: ETH can become stETH → restaked → wrapped into an LRT → deposited into lending → borrowed against → turned into a Pendle PT/YT position.
One original ETH can leave footprints across 5 protocols.
I called this matured industry because debt outstanding, utilization, fees, stablecoin growth and whether the yield still exists after incentives disappear.
– 34% of all ETH is already staked
– @LidoFinance has ~9.74M ETH (56.7%), $26.8B TVL and 641K+ stakers
At this point LSTs are the yield-bearing monetary base of ETH DeFi.
Any ETH holder can earn staking yield, stays liquid, becomes collateral, then that collateral can finance the rest of the stack.
Solana is building the same thing from another direction.
– @kamino has ~$1.5B TVL + $1.05B loans
– @jito ~$1.22B TVL and +25.7% in 30d
– @sanctumso ~$2.16B and +31.1%
The staking → LST → credit loop is becoming multi-chain infra rather than an ETH-only trade.
Where I’m much less convinced is restaking.
– @eigencloud has ~$7.2B TVL, did ~$211K fees in the latest 30d
– @symbioticfi with ~$483M TVL, 80+ vaults, 74K+ stakers, but only ~$108K monthly fees
– the whole restaking sector is only ~$11B.
Market say no to the external security itself pays enough to justify another level of smart contract, slashing, liquidity and depeg risk.
Which also explains why the LRT market got smoked down to a few real survivors.
DeFi yield now is becoming a market for yield on digital dollars.
– @ethena is back ~$5.36B TVL, +23.5% in 30d and doing ~$19.5M monthly fees.
– RWAs are sitting at ~$30B active AUM.
Capital can choose between USDC lending, Sky savings, sUSDe, @pendle_fi fixed yield, tokenized Treasuries, LST carry etc.
Different risk engines competing to produce onchain yield. And TradFi actually makes that competition harder.
– 13-week T-bills are 4.12%,
– native ETH staking is only ~2.3%
– a random 2-3% stablecoin farm is just taking smart-contract risk to underperform cash
The sustainable DeFi yield zone probably needs to live closer to 6–8% without heavy emissions before it starts looking genuinely attractive.
Double digit APY still needs to be dissected because somewhere inside it there's usually leverage, duration, funding risk, incentives or all four.
This is why I think the next traditional DeFi cycle might be a balance-sheet expansion.
Stablecoins grow → loans outpace TVL → utilization/APYs rise → more LST/RWA/BTC collateral gets borrowed against → Pendle + fees accelerate → tokens capture value.
We’re already seeing the first half, the second half still needs proof. https://x.com/Tanaka_L2/status/2102399241058742726
## @keoneHD (Keone Hon) · 09-22 14:53 · ♥87 ↻3 💬10 Herd is covering the Monad ecosystem!
The Herd team is doing a nice job of automatically disentangling chained dependencies across DeFi. I believe that with better information, we can all make better decisions. Now on Monad > 引用 @herd_eco: We've fully integrated a new chain for the first time since launch: Monad has now joined the Herd!
This means full support across our explorer, onchain actions (hal), and doubleclick graphs - both in app and over mcp/cli/sdk! https://t.co/frByEMWXij https://x.com/keoneHD/status/2102411088214008216
## @Cryptofly777 (Linda) · 09-22 14:14 · ♥78 ↻10 💬3 Cardano has A LOT coming before this year is over!
- RealFi live on mainnet OCT 1st - Scaling: Leios live by the end of the year - BTC DeFi: Pogun live by the end of the year - LayerZero rollout - AlphaGrowth PRIME now underway
What else am I missing? https://t.co/ssWZBVX1Qw https://x.com/Cryptofly777/status/2102401132245004648
## @cryptoreine (Olivia Vande Woude) · 09-22 12:40 · ♥70 ↻8 💬8 mWIN and mGLOBAL are now live on @avax as tokenized institutional credit strategies!
... meaning holders may keep the position and use the tokens in defi (i.e., lending as collateral, liquidity venues, structured products) as those integrations come online, rather than having to sell to access capital > 引用 @avax: BREAKING: Institutional investment strategies from $1.3T Wellington and $6B Fasanara are now live on Avalanche
@MidasRWA is bringing mWIN and mGLOBAL to Avalanche, with access to institutional fixed income and alternative credit strategies onchain.
These are assets that traditionally sit behind institutional infrastructure. On Avalanche, they become programmable, transferable, and usable. https://x.com/cryptoreine/status/2102377406560419982