Everyone is doing stablecoin interest earning. Currently, one of the more stable options is buying US Treasury bonds with stablecoins, and the other is doing basis hedging with stablecoins, and then using DeFi lending to do yield boosters In May, I marked the stablecoin yield agreement @ multiflifi that Pantera invested in, and I have been wanting to do data, but it has been delayed until today Multipli mainly relies on arbitrage of capital fees on CEX to earn interest on stablecoins, supporting users to deposit USDT, USDC, and WBTC on Ethereum and BSC. It should be noted that withdrawal and withdrawal take 7-10 days - TVL $60m+， The main deposit is Ethereum USDC, which is mostly stored from February to May. After May, TVL growth has been very slow, probably due to a relatively low yield, currently around 5% -WBTC has a $5m hardtop, and 44 WBTCs have been fully stored; USDC and USDT still have quotas -There are about 10500 cumulative depositors, and in the past two to three months, the majority of daily withdrawals have been made -Why are there so many withdrawals, but there hasn't been much change in TVL? Because the net deposits of the top four depositors all exceeded $13 million, the total net deposits of the four individuals amounted to $58.8 million, accounting for nearly 90% of the total TVL. It's a bit exaggerated, maybe the project team raised the money from somewhere to support the project Data: https://(due. com)/defoasis/multiplicity