Enerow retweeted
the Nov 26 stXRP market on @spectra_finance soars, with YT traders pushing the implied rate past 6% while Firelight keeps injecting protocol revenue into stXRP
with Firelight's current cover programs for Kraken DeFi Earn and Lido Earn, the stXRP run rate sits around 3% annualized, an XRP-denominated rate that Spectra markets now price live
if @Firelightfi maintains them and secures more deals (I believe they can), the baseline stXRP rate can move higher, and Spectra can become the bedrock protocol for the whole industry to source XRP fixed income assets from (PTs), with every new deal giving YT traders a fresh reason to take a view and balance the PT demand
there's also around $100k from the Lido deal visible onchain that hasn't reached the stXRP vault at the time of writing (tranched injections)
this is the spark that can turn Spectra into the XRP yield trading hub, and MetaVaults give the protocol a structural advantage and one-of-a-kind positioning: continuous liquidity rollovers that keep the momentum going and compounding from one maturity to the next
@claudedonze @Enerow @adudeofcool
New record volumes on Spectra's stXRP markets, as traders respond to the @LidoFinance x @Firelightfi news.
As onchain cover expands, its revenue becomes a tradable market rate.
Where the activity comes from:
Firelight enables onchain cover for DeFi vaults. Vault operators pay coverage fees, and part of those fees flows into stXRP as an onchain rate.
Each new program is a signal of where stXRP's onchain rate could go next, and Spectra is where traders act on it. YT provides exposure to the yield stXRP generates and how it evolves over time, while PT offers a predictable outcome through a fixed rate.
With 30-day volume more than doubling on the largest market, stXRP yield markets on Spectra are emerging as a place to price expectations for onchain cover, starting with Firelight.
Next up: the industry's first order book for XRP yield, coming to Spectra on @FlareNetworks.
Enerow retweeted
The sUSG/reUSD pool keeps outperforming!
Earn up to 25.8% APR by staking your LP tokens on @StakeDAOHQ, and earn Tangent & @re points!
Links below 👇
Enerow retweeted
Another step forward for US Treasury exposure onchain.
$deJTRSY is among the first markets supporting limit orders on @spectra_finance.
The possibilities for tokenized assets on @StellarOrg continue to expand.
Incentivized limit orders now live on Spectra @StellarOrg, backed by @GamiLabs
→ app.spectra.finance/limit-or…
Orders in range collect rewards until filled. First markets: $deJTRSY - a token providing exposure to Janus Henderson’s tokenized Treasury fund, powered by @centrifuge ↓
Enerow retweeted
Incentivized limit orders now live on Spectra @StellarOrg, backed by @GamiLabs
→ app.spectra.finance/limit-or…
Orders in range collect rewards until filled. First markets: $deJTRSY - a token providing exposure to Janus Henderson’s tokenized Treasury fund, powered by @centrifuge ↓
Enerow retweeted
Spectra’s Q3 2026 report is out.
• Deployment on @StellarOrg with an order book
• Fixed-term markets for tokenized treasuries and stocks
• First full quarter at zero SPECTRA emissions
• OTC and an app revamp
• XRP finance footprint
And more ↓
Enerow retweeted
Spectra markets on @StellarOrg now accept XLM and USDC.
Over 11 million Stellar accounts can access Spectra’s fixed-term markets directly with XLM. It’s swapped into the market’s asset first, ready to fill orders from the book.
Explore: app.spectra.finance/fixed-ra…
Enerow retweeted
Over 11M Stellar accounts can now use XLM directly on Spectra
XLM holders can fix a rate or amplify their exposure to yield on markets like deJTRSY, all through the order book. More coming to Spectra on Stellar!
Spectra markets on @StellarOrg now accept XLM and USDC.
Over 11 million Stellar accounts can access Spectra’s fixed-term markets directly with XLM. It’s swapped into the market’s asset first, ready to fill orders from the book.
Explore: app.spectra.finance/fixed-ra…
Enerow retweeted
A milestone for XRP Finance: stXRP now has a live rate, reflected on Spectra markets @FlareNetworks.
On Spectra, that rate can be fixed, traded and priced in a market built around it. Emissions from @Firelightfi have just started and the rate is building up.
What that means ↓
Enerow retweeted
The Soviet Union collapsed at 50%...France is at 57% and striking for more, mindblowing
Enerow retweeted
Best yields for $USG LPs across @StakeDAOHQ, @ConvexFinance, and @pendle_fi 👇
Earn up to 30% APR by providing liquidity to the $sUSG pool on Pendle!
Enerow retweeted
Spectra congratulates @Firelightfi on the milestone.
Spectra's leading XRP markets are built on stXRP, set to gain an onchain rate. That rate will flow into those markets and gradually appear in the Spectra App as Base APY.
For traders and LPs, it's a key new market indicator.
Firelight Protocol is now live, with initial cover extended to @SentoraHQ's USD Protected Vault and Protected RWA Vaults.
DeFi now has its missing player: a protection layer for onchain capital.
Enerow retweeted
Extra incentives are live on the $sUSG market on @pendle_fi!
- PT → Fixed APY: 10.7%
- YT → Underlying APY: 39.8%
- LP → APY: 44.3%
Links in the quoted post below 👇
The time has come.
$sUSG is now live on @pendle_fi. Lock in a fixed rate, trade yield, or provide liquidity to earn!
All components earn points (yes, even PTs). Details below 👇
Enerow retweeted
Incentives are live!
Extra incentives are live on the $sUSG market on @pendle_fi!
- PT → Fixed APY: 10.7%
- YT → Underlying APY: 39.8%
- LP → APY: 44.3%
Links in the quoted post below 👇
Enerow retweeted
The largest sFRL market on @spectra_finance matures soon.
The next one is already live and growing, running through 31 December 2026, with fixed rates, yield trading and liquidity positions on sFLR:
Explore:
app.spectra.finance/pools/fl…
Enerow retweeted
The figure below shows the 7d moving average and the 90d average APRs for both USG/USDC and USG/frxUSD pools on @StakeDAOHQ 👇
- USG/frxUSD: 90d avg APR → 14.96% | Current APR → 18.62%
- USG/USDC: 90d avg APR → 14.58% | Current APR → 17.86%
🤖 Made with AI
Enerow retweeted
Tokenized T-bill funds are a natural fit for fixed-term markets. They keep rolling short-dated bills, so what they pay drifts with short-term rates (JTRSY moved somewhere between 3% and 4% over the past year) and a rate that moves is one people want to lock in or trade.
So we brought one to Spectra on Stellar. deJTRSY, the Janus Henderson fund tokenized by @centrifuge, now has markets across several maturities, seeded by @GamiLabs and running on the orderbook from day one. If you already hold it, locking in a rate on your position takes a couple of clicks.
Full walkthrough below, from getting set up on Stellar to placing your first order ↓




























