🚨 DeFi users are looping STRC yield to amplify returns
Traders are routing Strategy’s 11.5% STRC dividend through tokenized products and leverage loops, targeting yields of up to ~39%.
Key flows:
Apyx wrapped ~$136M into apxUSD
Saturn packaged ~$85M into USDat
xStocks moved ~$53M of STRC on-chain
Pendle and Morpho used for yield splitting and loan loops
Notably, Pendle paused yield accrual on YT-sUSDat after the April 14 ex-dividend event pushed the exchange rate below its watermark.
📊 Market sentiment:
Neutral to high-risk — strong yield demand, but rising complexity and leverage increase systemic risk.