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Archive of stories in "Defi Crypto"

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In

Javarevisited

by

Shanty

·

Nov 2

MetaMask Tokenized Securities Are Live. The Cash Sitting Next to Them Is the Real Story.

A wallet with 30 million monthly users just became a brokerage. Almost nobody is talking about what your dollars do between trades.

Dark Sky Ecosystem title card reading “200+ stocks moved into the wallet, the cash beside them did not move at all”, with stat panel showing 430+ tokenized US securities listed, 30M+ MetaMask monthly active users, and $3.2B tokenized stocks as of October 2026.

In

Coinmonks

by

Mihawk

·

Oct 28

Protocol Capital Structure: Equity, Debt, and Whatever Onchain Protocols Are Building Instead

A credit agency finally scored one. The answer came back at 0.9%, and it says more about onchain finance than any TVL chart.

Dark title card reading Protocol Capital Structure above a four-layer stack showing SKY as the residual claim, Protocol Surplus as retained capital, Sky Reserves as first loss and USDS as the liability, with an arrow marking the order losses are absorbed.

In

Coinmonks

by

Mihawk

·

Oct 19

Every Bank Stablecoin Launching in 2027 Has the Same Missing Piece

Twenty-one of the biggest banks on earth are building a dollar together. By law, it will pay holders nothing.

Dark editorial graphic reading 2027 in large type, with the headline “The dollar every bank is building. The one thing it is not allowed to pay you.” Beside it a panel titled Where the Reserve Income Lands shows the issuer receiving 100 percent and the holder receiving 0 percent. A footer notes GENIUS Act Section 4(a)(11), effective 18 January 2027, and an H1 2027 consortium launch window.

In

Coinmonks

by

Faizal_Talks

·

Oct 11

DeFi Protocol Revenue Held Up in 2026. Token Prices Did Not.

What a drawdown year revealed about which onchain businesses actually earn money.

Dark title card reading DeFi Protocol Revenue Held Up in 2026, Token Prices Did Not, above two diverging lines showing protocol revenue rising and token prices falling across the year.

In

Coinmonks

by

Mihawk

·

Oct 11

Stripe Is Taking Stablecoin Cards to 100 Countries. It Had 18.

Stablecoin card spending tripled in a year. Here is the part that never makes the landing page: the digital dollars parked on those cards…

Dark navy graphic reading 18 countries with an arrow to 100-plus countries by year-end, below a line stating that stablecoin card spending tripled in a year while the dollars parked on the cards earn the holder nothing.

In

Coinmonks

by

Shanty

·

Oct 8

The Fintech Front End and the Protocol Back End: How Onchain Yield Reaches Ordinary Users

A plain explanation of stablecoin yield distribution, and why the app showing you a rate is almost never the thing producing it.

Dark editorial graphic split by a horizontal line. Above the line, a single clean app card shows a rate of 7.00% APY with a ‘Start earning’ button, surrounded by empty space and labelled ‘what you see’. Below the line, a dense violet network of connected nodes grows heavier with depth, resting on a jagged strip of blocks. The layers are labelled down the right edge: allocators, strategies, settlement, governance, collateral. Three arrows rise from deep in the network and stop at the line beneath

In

Coinmonks

by

Mihawk

·

Oct 7

Fixed-Rate Onchain Dollars Arrived in 2026. The Demand Surprised Everyone.

Fixed rate DeFi yield finally found real buyers this year. Here is what the sUSDS term market says about the Sky Savings Rate.

Editorial card titled Fixed-Rate Onchain Dollars Arrived in 2026, showing a flat amber fixed rate line cutting across a volatile grey floating rate curve toward a marked maturity date, with stats reading $50M term market in two weeks, 129 basis points fixed over floating, and $69.8B fixed yield settled.

In

StartupInsider

by

Mihawk

·

Oct 7

AI Compute Financing Is Quietly Becoming an Onchain Yield Source

GPUs became collateral. Stablecoins became the lender. Here is where a $1.5 trillion financing gap actually ends up.

Dark title card reading “AI Compute Financing Is Quietly Becoming an Onchain Yield Source” with four statistics: $2.9 trillion global data centre capex 2025 to 2028, $1.5 trillion financing gap, $14.15 billion Sky Protocol Collateral, and $11.48 billion USDS stablecoin supply.

In

StartupInsider

by

Mihawk

·

Oct 5

Token Migrations Nobody Explains: What Actually Happens to Your Balance

A plain-English guide to crypto token migration, using two live ones you can verify yourself today.

Dark editorial cover reading Token Migrations Nobody Explains, What actually happens to your balance, with four cards labelled 1:1, 1:24,000, snapshot and decay.

In

Coinmonks

by

Mihawk

·

Oct 5

Ethena Is Adding Real-World Assets to Its Reserves. That Tells You Where the Category Is Going.

Perpetual futures fell to roughly 11% of USDe’s backing. What replaced them looks a lot like the capital allocation model Sky Protocol has…

Dark editorial graphic contrasting a single red column labelled 2024 single strategy with six coloured bars labelled 2026 six sources, illustrating stablecoin reserve diversification from one yield source to many.