Leverage is next Wasabi’s mission has always been to make any token leverage tradable, fully onchain Proud to be building alongside @base to bring millions onchain by unlocking access to leveraged trading and earn vaults for every asset

Spicy Tuna, Spicy Yield $TUNA holders can currently earn a variable APY of 18.6% + 2x Wasabi Points. Start earning 👇

earn 20% yield on your Chase Ultimate Rewards thanks @wasabi_protocol on @base

When I first opened the @baseapp to explore for @stabledash, one of the mini apps that caught my eye was @wasabi_protocol advertising 20% APY on $USDC. Most people’s gut reaction? "This smells like Terra Luna." Anyone around from them sees 20% yields on a stablecoin and immediately thinks algorithmic disasters. But I had to dig deeper. Here's where Wasabi's 20% yield actually comes from: Your USDC becomes liquidity for leveraged trading a wide variety of markets (reportedly 456). When someone wants to go 10x long on ETH but only has $1,000, they're borrowing $9,000 from you. The Interest Engine: • Leveraged traders pay borrowing fees • These fees get distributed to liquidity providers • Higher leverage = higher fees = higher yields • Plus bonus rewards when projects boost vaults Why This Isn't Terra Luna: Terra's yield came from printing tokens and unsustainable algorithms. Wasabi's yield comes from actual traders paying real interest on borrowed capital. This is basically margin lending, just rebuilt on-chain with better rates due to crypto's volatility premium. Is This Sustainable? Maybe, time will tell. The 30-day average is around 18% APY. Rates fluctuate based on trading demand - more leverage demand = higher rates. @wasabi_protocol is backed by @alliancedao and @ElectricCapital with $23.8M TVL and $1.23B in all-time volume across 456 markets. You also earn "Wasabi points" (whatever those end up being worth). Bottom line: Higher risk than traditional savings, but the yield source makes sense and should last as long as people want leveraged crypto trading.​​​​​​​​​​​​​ Will be interesting to see how this develops as baseapp matures and gets out of beta

Hope you like Spicy $TUNA 🐟 We're excited to be a launch partner for @DeFiTuna. TUNA goes live tomorrow, July 30th - available for trading and earning on Wasabi from day one. Stay tuned for more.

The @BestcoinBonk vault is now boosted 👑 $BEST holders can earn a variable APY - currently sitting at 983%, boosted directly by the token team. Start trading or earning $BEST now 👇

Ready to access Wasabi yield directly in the Base app? Join the @baseapp waitlist right here:

I got access to the @baseapp and really enjoyed it. Think app store, but for all things crypto and DeFi. Of course, my people over at @wasabi_protocol already have a mini app on there that earns upwards of 20% APY on USDC. I walk you through everything in the video. 👇

Spicy Savings? There's a mini app for that. Now featured on @baseapp

Integrations keep on coming xStocks are composable, accessible, and now directional. Users can open long/short positions, or power trades and earn yield, all onchain. This is what DeFi-ready tokenized equities look like.