On-chain Yield: Mitosis USDT Pool APY reaches 23.83%, Syrup USDC Pool APY reaches 9.19%
BlockBeats News, August 26th, according to DefiLlama data, the Total Value Locked (TVL) of SUSDE (Ethena USDe) is currently $55.96 billion, with an Annual Percentage Yield (APY) of 8.41% and a unstaking period of 7 days. Maple Finance's Syrup USDC TVL is $21.67 billion with an APY of 9.19%. The TVL of SUSDS (Sky Lending) is $18.85 billion with an APY of 4.75%.
In addition, Binance has launched the second season of the Mitosis (MITO) Booster activity, with the BNB pool currently offering an APY of up to 18.85% and the USDT pool offering an APY of up to 23.83%. This activity allows users to deposit BNB or USDT through the Binance Wallet into the Simple Yield Mitosis Treasury to receive MITO rewards, totaling 7 million MITO rewards. The activity does not set an Alpha Points threshold. Users can redeem assets through the Mitosis DApp, but it's important to note that the BNB redemption process may take up to 10 days, and the USDT redemption process may take up to 5 days.
You may also like

How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo

I have given up using OpenClaw

WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment

Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week

The harvesting tactics of the quantitative giant Jane Street

Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million

WLFI at it Again? Banking License Controversy Amid $500M Investment

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
