My top 5 RWA yields right now (non-Pendle/STRC edition) You might be finding a way to diversify from STRC farming like I am. So here it is. Here are the five I like most, ordered by yield. 1. PRIME by @HastraFi — 6.66% APY This is DeFi's most direct connection to consumer credit. PRIME is backed by HELOC loans originated by Figure Technologies (NASDAQ: FIGR), America's largest non-bank home equity lender. How it works: homeowners take HELOCs, Figure originates $1B+ monthly in peak periods, loans tokenized on Provenance blockchain, Hastra packages the interest into PRIME for onchain users at 6.66% APY. Zero correlation to crypto markets. You can also PT on Pendle to get fixed yield at 7.87% APR. 2. Theo thUSD by @Theo_Network — 5.40% APY Delta-neutral gold carry. Long physical gold lent to retailers as inventory financing. Short CME gold futures to make it delta neutral and earn the futures basis, so you don't care where gold trades. This held steady during March 2026 when crypto funding rates collapsed. 3. syrupUSDC by @maplefinance — 4.8% APY A decentralized credit marketplace connecting retail capital to institutional borrowers. KYC'd market makers, prop trading firms, and miners borrow USDC against BTC/ETH collateral at 9-14% APR. Lenders get roughly 4.8% after fees and first-loss cover. The RWA here isn't the collateral (BTC/ETH) but the borrowers. These are real businesses doing arbitrage, market making, and mining operations. $12B+ originated with 99% repayment rate. $109.9M in interest paid to LPs. 4. SIERRA by @SierraIsMoney — 4.07% APR A liquid yield token holding a rebalancing basket of investment-grade RWAs and blue-chip DeFi. Roughly half is RWAs: US Treasury MMFs (Fidelity), investment-grade commercial paper (Volkswagen, BP, ING), and AAA-rated CLOs (PGIM PAAA ETF). The rest goes into Morpho. The RWA portion is not tokenized wrappers. Assets held directly at BNY Mellon and Wilmington Trust via bankruptcy-remote accounts. Weekly vault reports from an FCA-regulated manager. You can also PT SIERRA on Pendle for 10.31% fixed APY. 5. sUSDS (Sky) by @grovedotfinance — 3.65% APY Grove is the infrastructure layer for RWA liquidity. It routes $2.57B across BlackRock BUIDL (Treasuries), Janus Henderson AAA CLOs (corporate credit), and DeFi lending markets. Grove Savings parks you in the Sky rate (about 3.75% on sUSDS) plus points right now. The part I care about is Grove Basin: up to $1B a day in instant liquidity for tokenized treasuries. Grove Basin solves the settlement gap. Tokenized RWA funds settle T+1/T+2. Basin provides instant stablecoin liquidity so you exit immediately while the backend settles. Up to $1B committed daily capacity. Zero-profit pass-through model. None of these are circular DeFi loops. Every yield traces to something real. A house, gold bars, a corporate balance sheet, a government bond. The RWA category is now at its best. NFA. DYOR.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

My top 5 RWA yields right now (non-Pendle/STRC edition) You might be finding a way to diversify from STRC farming like I am. So here it is. Here are the five I like most, ordered by yield. 1. PRIME by @HastraFi — 6.66% APY This is DeFi's most direct connection to consumer credit. PRIME is backed by HELOC loans originated by Figure Technologies (NASDAQ: FIGR), America's largest non-bank home equity lender. How it works: homeowners take HELOCs, Figure originates $1B+ monthly in peak periods, loans tokenized on Provenance blockchain, Hastra packages the interest into PRIME for onchain users at 6.66% APY. Zero correlation to crypto markets. You can also PT on Pendle to get fixed yield at 7.87% APR. 2. Theo thUSD by @Theo_Network — 5.40% APY Delta-neutral gold carry. Long physical gold lent to retailers as inventory financing. Short CME gold futures to make it delta neutral and earn the futures basis, so you don't care where gold trades. This held steady during March 2026 when crypto funding rates collapsed. 3. syrupUSDC by @maplefinance — 4.8% APY A decentralized credit marketplace connecting retail capital to institutional borrowers. KYC'd market makers, prop trading firms, and miners borrow USDC against BTC/ETH collateral at 9-14% APR. Lenders get roughly 4.8% after fees and first-loss cover. The RWA here isn't the collateral (BTC/ETH) but the borrowers. These are real businesses doing arbitrage, market making, and mining operations. $12B+ originated with 99% repayment rate. $109.9M in interest paid to LPs. 4. SIERRA by @SierraIsMoney — 4.07% APR A liquid yield token holding a rebalancing basket of investment-grade RWAs and blue-chip DeFi. Roughly half is RWAs: US Treasury MMFs (Fidelity), investment-grade commercial paper (Volkswagen, BP, ING), and AAA-rated CLOs (PGIM PAAA ETF). The rest goes into Morpho. The RWA portion is not tokenized wrappers. Assets held directly at BNY Mellon and Wilmington Trust via bankruptcy-remote accounts. Weekly vault reports from an FCA-regulated manager. You can also PT SIERRA on Pendle for 10.31% fixed APY. 5. sUSDS (Sky) by @grovedotfinance — 3.65% APY Grove is the infrastructure layer for RWA liquidity. It routes $2.57B across BlackRock BUIDL (Treasuries), Janus Henderson AAA CLOs (corporate credit), and DeFi lending markets. Grove Savings parks you in the Sky rate (about 3.75% on sUSDS) plus points right now. The part I care about is Grove Basin: up to $1B a day in instant liquidity for tokenized treasuries. Grove Basin solves the settlement gap. Tokenized RWA funds settle T+1/T+2. Basin provides instant stablecoin liquidity so you exit immediately while the backend settles. Up to $1B committed daily capacity. Zero-profit pass-through model. None of these are circular DeFi loops. Every yield traces to something real. A house, gold bars, a corporate balance sheet, a government bond. The RWA category is now at its best. NFA. DYOR.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Market dip + New maturity live = Time to sell puts again! This month, I use @ryskfinance since they've improved quotes and it's still a simple way to earn ~25% APR upfront on stables. Using part of my BTC DCA allocation (in stables) to sell cash-secured puts at 72k strike: - If BTC stays above 72k at expiry → Keep your stables + earn the full ~25% premium. - If BTC drops below 72k → You still keep the ~25% premium and get assigned BTC at your 72k entry price. I still believe BTC has upside this year, so getting paid to potentially buy lower doesn’t hurt. NFA. DYOR.

Name & Symbol: aPriori ($APR)
Address: 0x299ad4299da5b2b93fba4c96967b040c7f611099

STRC DeFi keeps growing despite market turbulence. It's pulling in serious size too: $ 10M+ from a single user deployed into STRC DeFi this week. Here's the weekly roundup of interesting actions from protocols and users inside STRC: 1. @Strategy repurchased $1.5B of 2029 Convertible Notes (~$1.38B cash, or 92¢ on the dollar). This halves the 2029 maturity wall from ~$3B to $ 1.5B. Strong balance-sheet optimization that gives them more runway to keep stacking Bitcoin and scaling STRC dividends. 2. @apyx_fi A Bitcoin power user deployed ~$17M worth of WBTC into Apyx. They borrowed stablecoins against the WBTC collateral and used the proceeds to mint PT-apyUSD + YT-apyUSD for yields and Apyx Points. 3. Apyx aggressively bought another 1,000,000+ shares of STRC this week. Their total holdings now sit at ~$280M, helping push protocol TVL toward the $450M range. 4. @pendle_fi’s Apyx markets now offer deep liquidity, easily absorbing 7-figure swaps. A whale recently deployed $ 2M+ to accumulate 2,034,423 PT-apyUSD at 18.94% fixed APY, highlighting strong demand for STRC-backed fixed yield. 5. @saturn_credit continues to grow. PT-USDat is now live as collateral on @Morpho and loopable against AUSD (via Flowdesk-curated vaults). 6. Saturn acquired another $20M in STRC over the past two weeks. Total holdings now ~$70M, with protocol TVL reaching $ 172M. 7. @xStocksFi launched STRCx (tokenized STRC) and integrated it with Pendle. This enables fixed-yield trading, yield speculation, and xPoints accrual. 8. @roycoprotocol’s senior tranche of apyUSD (srRoyAPYUSD) is now live on Pendle. It offers capital-protected fixed yield as a lower-risk alternative for Apyx users. STRC yields aren't cooling off. Expect more 7-8 figure transactions flowing into STRC-backed protocols in the upcoming weeks.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Summary on APYX farming: - Another 4% of APYX total supply for S2! (9% combined with S1) - Pips roll seamlessly into S2 (no gap) - Up to 20% boost for S1 "sticky" capital - Committed apxUSD, LP, Pendle, Morpho, and Curve positions carry over seamlessly. - New Pendle markets before May 22 (More good yields!) - Pips S2 Multipliers TBA - At TGE: APYX (gov), xAPYX (compound APYX yield), yAPYX (apxUSD dividends). 50% of monthly reserve growth flows to stakers only. Read more details in the article.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2