DeFi Development, listed on Nasdaq, released its November performance update, with no additional SOL holdings; the position remains at 2,195,926 SOL, with a market value of approximately $293.2 million. Unrealized gains in Q3 exceeded $74 million, with a SOL yield of 11.4%. Company executives have begun repurchasing DFDV shares.

The Yield Basis protocol activated its fee switch on December 6, becoming the latest crypto protocol to distribute revenue to token holders. Users can claim 17 accumulated Bitcoins, worth nearly $1.6 million, for a period of four weeks starting from September. This proposal has been unanimously approved by token holders.

LayerBank has completed a $2.3 million Pre-Seed funding round, with participation from several well-known investors. The new funds will be used to develop its native token ULAB, aiming to support the platform's value capture and incentive model. LayerBank is committed to providing unified lending and yield strategies, supporting over 150 markets across more than 17 chains.

According to Gate News Bot on December 5, citing CoinMarketCap data, as of press time, SYRUP (Maple Finance) is trading at $0.26, up 9.00% in the past 24 hours, reaching a high of $0.29 and a low of $0.24. The current market capitalization is approximately $302 million, an increase of $24.9 million compared to yesterday. Maple Finance is an on-chain asset management platform that provides secure and professional financial products for individuals and institutions. The platform offers highly liquid USD yield products syrupUSDC and syrupUSDT, as well as secured lending services for professional institutions. Maple Finance emphasizes transparency, risk management, and global customer support, and is committed to bringing the standards of traditional financial services to the decentralized finance sector.

Gate News Bot message, December 5th, according to CoinMarketCap data, as of press time, HEMI(Hemi) is currently priced at $0.02, up 12.70% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $15.9 million, an increase of $1.79 million compared to yesterday. Hemi is a unified Bitcoin economic layer designed to activate regulatory-compliant Bitcoin yields without leaving custody. The platform combines Bitcoin's security with Ethereum-level programmability, allowing institutions to deploy native BTC for yield strategies while maintaining full control and compliance.

PANews, December 5—According to Kamino's official announcement, PRIME, an RWA asset developed by Figure and HastraFi, has officially launched on the Solana ecosystem platform Kamino. PRIME is based on U.S. Home Equity Line of Credit (HELOC) loans and offers up to 8% annualized yield. Users can acquire PRIME by purchasing and staking wYLDS; both are yield-bearing tokens pegged to real-world assets. No lock-up is required, and earnings are automatically reflected in price changes.

According to Jinse Finance, Kamino announced on the X platform that the tokenized lending pool deposit product PRIME has officially launched on Kamino. PRIME is jointly developed by Figure and Provenance Foundation, with HastraFi serving as the issuer, providing real estate-backed yield products with an annual percentage yield (APY) of up to 8%. Figure is the largest non-bank home equity line of credit (HELOC) originator in the United States, having released over $19 billion in home equity and is listed on Nasdaq. Figure has built the credit infrastructure behind PRIME, including licensed mortgage origination, loan servicing, and support.

R2 Protocol announced that its TVL has surpassed $1,000,000, thanks to user growth and the expansion of its collaborative ecosystem. The protocol has integrated with more than 10 asset managers, providing transparent on-chain stable yields. In the future, it will drive global partnerships and the expansion of yield products.

The US spot XRP ETF continues to attract capital, with net inflows for 12 consecutive days as of December 2, bringing total assets under management to $844.9 million—just one step away from the $1 billion AUM milestone. On December 1, there was an inflow of $89.65 million, followed by an additional $67.7 million the next day. Meanwhile, companies such as Invesco and Franklin Templeton have submitted applications to launch their own XRP ETFs. In comparison, the spot Solana ETF has an AUM of $651 million, while spot Bitcoin and Ethereum ETFs have $57.7 billion and $12.8 billion, respectively. In the DeFi sector, XRP is seeing new staking opportunities. The Firelight protocol, incubated by Sentora and supported by Flare, has launched an on-chain insurance product based on staking, offering yield options for XRP holders and addressing the insurance gap for over $1 billion in annual losses from exploit attacks, bringing real economic value to investors.

ING’s latest analysis points out that the yield on the 10-year US Treasury bond is currently holding above 4% and has further room to rise. This trend is not favorable for high-risk assets such as cryptocurrencies, as rising yields often indicate tighter financial conditions and declining risk appetite. Currently, the yield on the 10-year US Treasury stands at 4.09%. Despite several economic indicators, including the ADP employment report, showing weakness—with US employment numbers shrinking for the third time in five months in November—yields have demonstrated notable resilience. In a client report on Thursday, ING stated that US Treasury yields have recently fluctuated mainly in the 4% to 4.1% range. “Although a short-term drop below this range is possible, once yields break above the upper end, the likelihood of continued increases is greater.”

According to Gate News Bot on December 4, citing CoinMarketCap data, as of press time, BIFI (Beefy) is trading at $128.17, up 16.04% in 24 hours, with a high of $141.61 and a low of $101.85. The 24-hour trading volume reached $908,300. The current market capitalization is approximately $10.3 million, an increase of $1.42 million compared to yesterday. Beefy is a multi-chain yield optimizer designed to provide users with the highest APY returns across 23 chains, while emphasizing security and efficiency. Users can invest through single-asset liquidity pools, yield pools, and ZAP, among other options. Beefy's ecosystem has a total value locked ((TVL)) of $235 million, with 1,063 vaults. BIFI is Beefy’s native yield-sharing and

Theoriq has established a strategic partnership with Turtle, focusing on the upcoming AI-driven product AlphaVault. This collaboration will leverage Turtle's liquidity network of over 400,000 wallets to enhance AlphaVault's exposure, adopting an innovative vault architecture to maximize yield efficiency.

Further Asset Management and 3iQ have jointly launched a market-neutral, multi-strategy digital asset hedge fund—Further x 3iQ Alpha Digital Fund—with seed capital of up to $100 million. The fund is specifically designed for institutional investors, family offices, and sovereign wealth funds, aiming to provide a regulated risk management framework that enables them to pursue excess returns in highly liquid crypto markets. A major highlight of the fund is the Bitcoin share class, which allows for subscriptions in physical BTC and enables compounding of strategy returns while maintaining full exposure to the underlying asset. This design provides BTC holders with a secure and institutionalized yield management solution, allowing them to continue holding Bitcoin while seeking excess returns from digital assets. The first BTC share class capital comes from a physical investment by a family office in Abu Dhabi.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, CHESS (Tranchess) is currently trading at $0.04, up 36.78% in the past 24 hours, reaching a high of $0.05 and a low of $0.03. The current market capitalization is approximately $8.03 million, an increase of $2.16 million compared to yesterday. Tranchess is a decentralized finance platform offering services such as liquid staking, leveraged trading, and stable yield. Its main features include: 1. Liquid Staking: Users can stake assets such as ETH and BNB to earn sustainable yields while maintaining asset liquidity. 2. Turbo and Stable Products: Investment options offering high leverage and stable returns. 3. Tranche Layering: The BISHOP token is pegged to the US dollar.

The US Securities and Exchange Commission (SEC) is reviewing an application to approve the launch of FLEX stock options on the BlackRock Bitcoin ETF (IBIT). According to a filing submitted on December 2, the BOX Exchange has requested a rule change to allow trading of FLEX IBIT options and is seeking an SEC waiver for the 30-day implementation delay in order to protect investor interests and ensure fair competition among exchanges. Nasdaq PHLX and Nasdaq ISE have also submitted similar proposals, with Nasdaq ISE becoming the first exchange approved to list options on IBIT. The introduction of FLEX IBIT options aims to help market participants manage the volatility risk of the BlackRock Bitcoin ETF more effectively, while also increasing liquidity and reducing counterparty credit risk. In addition, BlackRock is awaiting approval for the iShares Bitcoin Yield Plus ETF (ETHA), which will provide investors with yield-focused Bitcoin strategies. Unlike IBIT, which only tracks the spot price of Bitcoin, this ETF will offer more stable returns for yield-oriented investors. The SEC is expected to decide on the listing of options and ETFs for IBIT and ETHA in the first quarter of 2026.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, BOB (Build on Bitcoin) is trading at $0.02, up 63.62% in 24 hours, with a high of $0.02 and a low of $0.01. BOB is the gateway to Bitcoin DeFi. BOB's hybrid chain combines Bitcoin’s unparalleled security with Ethereum’s versatility, unlocking real utility for the world's most important asset. BOB offers a one-stop Bitcoin DeFi platform that includes one-click yield, multi-chain BTC DeFi, native BTC enabled by BitVM, the BOB Gateway SDK, and cross-chain swaps. The BOB hybrid chain technology integrates Bitcoin’s security with Ethereum Virtual Machine compatibility, featuring ZK proofs, native BTC bridging, and decentralized finance capabilities.

PANews, December 2 - The Aave community has proposed a temperature check proposal titled "Focusing on Aave V3 Multi-Chain Strategy," suggesting adjustments to its multi-chain strategy, including increasing the reserve ratio for underperforming networks to boost revenue, shutting down low-yield markets on zkSync, Metis, and Soneium, and setting a clear annual revenue floor of $2 million for new instance deployments.

ChainCatcher message, at the "Integration, Rise, and New Cycle" themed forum recently held by RootData in Dubai, USDD Communications Director Yvonne Chia delivered a speech on the topic "Is a yield-generating stablecoin truly possible," systematically elaborating on the realization path of yield-generating stablecoins. In the speech, it was pointed out that traditional stablecoins have long faced the contradiction of "cannot achieve both returns and stability." USDD makes it possible for stablecoins to be both stable and profitable by constructing four pillars: stable sources of income, expanding application scenarios, flexible infrastructure, and full-chain transparency. Among them, sUSDD supports a dual-layer income mechanism of "holding income + liquidity provision," and will integrate with diverse scenarios such as lending in the future, continuously expanding the boundaries of income. At the infrastructure level, USDD has completed the protocol upgrade from 1.0 to 2.0, enabling users to access through C

Odaily News According to Saylortracker data, the mNAV of Strategy (MSTR) has fallen below 1 again, currently reported at 0.99 (indicating that the company's market capitalization has fallen below the value of its 650,000 Bitcoins holdings). Currently, the company's Bitcoin holdings are valued at 56.83 billion USD, with an average purchase cost of 74,436 USD, and the Bitcoin yield to date is 17.46%.

Odaily News Gold prices fell on Tuesday from a more than six-month high, with Spot gold losing the $4200 per ounce mark during the day. This was partly due to the rise in U.S. Treasury yields and profit-taking that weighed on prices, while investors awaited U.S. economic data to assess the Fed's policy path. The Benchmark 10-year U.S. Treasury yield remained near a two-week high, diminishing the appeal of non-yielding assets like gold. KCM Trade chief market analyst Tim Water noted: "Gold has performed weakly today, but the fundamentals remain unchanged— including the expected Fed rate cuts, which should support gold prices from a yield perspective." Market sentiment is cautious, with expectations that the core PCE price index, a favored inflation indicator by the Fed, will remain moderate when released on Friday. Additionally, key U.S. data this week includes the November ADP employment report on Wednesday. (Jin10)

BlockBeats news, on December 2, as the largest overseas creditor of U.S. Treasury bonds, Japan may trigger the repatriation of domestic funds from U.S. Treasury bonds and other overseas assets if it tightens its monetary policy, disrupting the downward trend of U.S. Treasury yield and adding uncertainty to the global market. On Monday, after Bank of Japan Governor Kazuo Ueda hinted at a possible interest rate hike later this month, global government bond yields generally rose (yields rise when bond prices fall). This statement surprised investors, who had expected the Bank of Japan to remain inactive. Ueda's remarks pushed Japan's 10-year government bond yield up to 1.879%—the highest closing level since June 2008. The U.S. 10-year Treasury yield also rose to close at 4.095%, while it was slightly below 4% in the middle of last week. Wall Street is concerned that the rise in Japanese bond yields will attract funds away from U.S. investments.

According to the Gate News bot announcement, the Gate platform has launched an additional rewards pool activity for the BTC 7-day fixed investment in Simple Earn. This financial product offers an additional 10% annualized bonus on top of the original earnings, making the overall annualized return rate as high as 10.28%. Gate has set up an additional rewards pool totaling 1,000,000 RLS tokens for this activity. Rayls (RLS) is a blockchain ecosystem that connects traditional finance with decentralized finance, utilizing a high-performance public EVM Layer-1 and private chain architecture to provide institutions with compliant digital asset issuance and settlement solutions, while offering institutional-grade liquidity to DeFi users. The project aims to promote global asset tokenization through quantum-safe privacy protection and interoperability design.

Bitcoin long positions have been hoping that the Fed will cut interest rates, leading to a decline in bond yields and a weaker dollar, thus bringing a new round of risk appetite to the crypto market. However, despite strong expectations for interest rate cuts, the 10-year U.S. Treasury yield and the dollar index have shown resilience, posing challenges to this traditional logic. The market generally expects the Fed to cut interest rates by 25 basis points on December 10, continuing the easing cycle that began last September. Several institutions even predict that rates will further drop to 3% next year. According to historical patterns, a decrease in interest rates usually lowers government bond yields and weakens the dollar, creating a favorable environment for risk assets like Bitcoin.

Ripple's stablecoin RLUSD has rapidly expanded one year after its issuance, with a total supply reaching $1.26 billion. However, 82% (approximately $1.03 billion) is deployed on Ethereum, while the native XRP ledger (XRPL) only supports $235 million, indicating a clear market preference for Ethereum's more mature Decentralized Finance ecosystem. Ethereum has a strong liquidity in USD and a stablecoin system, with leading protocols like Aave, Curve, and Uniswap allowing RLUSD to seamlessly integrate into the existing financial infrastructure. Currently, the USDC/RLUSD pool on Curve has approximately 74 million USD in liquidity, providing a low-slippage environment for institutional trading, arbitrage, and yield strategies. Therefore, for institutional investors with larger capital sizes, Ethereum is a more efficient and deeper choice.

BlockBeats news, on December 2, the yield on Japan's 30-year government bonds hit a record high, driven by persistently high inflation and increasing market expectations for the Bank of Japan to raise interest rates later this month. Currently up 1.5 basis points, quoted at 3.405%. Bank of Japan Governor Kazuo Ueda stated on Monday that the central bank will thoroughly discuss the possibility of raising interest rates at the upcoming meeting, which has boosted market expectations for a rate hike in the near term. The yield on 10-year government bonds remained flat at 1.875%. (Jin10)

ChainCatcher news, the on-chain yield platform Altura has completed a $4 million funding round, led by Ascension, with participation from European private equity leaders Moonfare, InnoFinCon, and others. Altura operates a single on-chain vault that employs a market-neutral strategy to generate stable returns. Users deposit stablecoins, and the vault earns protocol income through capturing inter-exchange price differences, hedging positions for funding income, and rotating collateral into safe yield assets.

Odaily News In response to Arthur Hayes' doubts about USDT operations, former Citibank encryption research head Joseph stated on the X platform that @CryptoHayes' analysis missed several key points: 1. Disclosure of assets ≠ all corporate assets. USDT adopts a "matching principle" for disclosing reserves, but its undisclosed balance sheet includes equity investment income, mining operations, corporate reserves, and potential Bitcoin holdings, with remaining profits distributed to shareholders in the form of dividends. 2. Extremely high profit margins and equity value. Tether holds $120 billion in U.S. Treasury bonds (annualized 4% yield), with a projected annual net profit of about $10 billion from 2023 (with only 150 employees), making it arguably the world's most efficient money printer; equity valuation may reach $50-100 billion.

Japan's 10-year government bond yield rose to 1.86%, reaching a new high since 2008 and triggering tremors in global markets. As the Bank of Japan hinted that it would consider raising interest rates at the December rate meeting, the long-standing era of low interest rates may come to an end, directly threatening the support for global risk assets and Yen Carry Trade in the crypto market. In the past year, Japan's government bond yields nearly doubled, with the two-year yield reaching 1% for the first time since 2008. Although 1.86% is still considered low globally, it represents a significant structural change for Japan, a country that has long been in a "zero interest rate" environment. The low interest rates had allowed global investors to borrow yen at extremely low costs, flooding into U.S. Treasuries, European bonds, and high-risk assets, including encryption. However, as domestic yields rise, funds may begin to flow back to Japan.

According to ChainCatcher news and Jin10 reports, a rate strategist at Societe Generale stated in a report that the upcoming economic data will continue to show the resilience of the US economy, persistent inflation, and a slight deterioration in the labor market conditions. Nevertheless, they expect the Fed to cut interest rates after the December meeting, with two more rate cuts expected next year, predicting that by the end of 2026, the yield on two-year Treasury bonds will stabilize and decline to 3.2%, and the yield on ten-year Treasury bonds will decline to 3.75%.

PANews December 1st news, Japan's 30-year government bond yield briefly touched 3.395%, setting a new historical high. Japan's 20-year government bond yield rose 5.5 basis points to 2.88%, reaching the highest level since June 1999.

Golden Finance reports that Japan's two-year government bond yield has risen to 1%, the highest level since June 2008. The 20-year yield has risen by 3 basis points to 2.855%, a new high since November 2020. (Jin10)

According to ChainCatcher news, WBTC has officially logged in to JustLend DAO. Users can now deposit or borrow WBTC on the platform, unlocking more efficient asset strategies and diversified yield combinations. This move not only injects liquidity of top global crypto assets into the TRON ecosystem, expands the strategic dimensions of on-chain finance, but also provides community users with richer earning opportunities and more flexible asset portfolio choices.

The crypto assets sentiment analysis platform Santiment predicts that Ethereum may rise nearly 7% in the short term, testing the 3200 USD resistance level, due to the current low stablecoin yield and no signs of market overheating.

American model Bri Tracy recently explored the role that XRP might play in the reverse yen arbitrage trading in Japan, which amounts to a staggering $4.5 trillion. Tracy pointed out that XRP has fast and programmable settlement capabilities that meet the needs of modern financial infrastructure. She emphasized that the bank for international settlements (BIS) recommends effective settlement of assets to be turned over 8 to 10 times daily to ensure liquidity, while the turnover speed of XRP far exceeds this standard. Japan's SBI Remit has already started using XRP for fast cross-border settlements. Reverse arbitrage trading refers to investors borrowing funds in low interest rate countries and investing in high-yield assets to obtain differential returns. Japan has long maintained a low interest rate, even negative interest rate environment, giving rise to a large-scale yen arbitrage trading. According to data from the Japanese Ministry of Finance, the trading scale is approximately 4.2 trillion to 4.5 trillion USD. After the Bank of Japan ended negative interest rates and raised the benchmark rate in March 2024, some arbitrage trades triggered reverse operations, with about 40% of trades closed and the remaining 60% still ongoing.

According to Gate News bot, as per the official announcement on November 28, 2025, the Gate quantitative fund has launched the "Yield Pioneer - BTC" strategy product and opened subscriptions. This product focuses on enhancing BTC ecosystem returns, employing a multi-strategy combination approach to capture market-neutral opportunities and volatility premiums. The total subscription limit for the product is 500 BTC, with individual investment limits ranging from 0.1 to 10 BTC. It has been running for 947 days, and the annualized return over the past year is 2.18%. This quantitative fund product is open to VIP5-14 level users and aims to provide high-net-worth users with Bitcoin asset allocation options. The product adopts a neutral arbitrage strategy, primarily obtaining market returns through quantitative trading methods.

Odaily News 10x Research pointed out that most investors currently still view the market as a "price game," but the underlying structural changes of Web3 are profoundly reshaping asset pricing logic. The report states that the emerging Layer1 ecosystem is for the first time presenting a quantifiable relationship between "user activity and long-term value," while deflationary mechanisms and ongoing ecological incentives are also redefining the yield structure of encryption assets. 10x Research believes that the market may be transitioning from a purely speculative cycle to a stage driven by fundamentals and network growth, proposing two potential yield paths: a 35% rise potential or a 79% rise potential, depending on how investors choose to position themselves. The team stated that this could be "one of the most undervalued structural opportunities in the current cycle."

Odaily News Decentralized Finance platform Xbank announced the official launch of its new DApp. This launch fully connects four core modules: RWA finance, decentralized trading, PayFi payment, and ecological governance, aiming to provide global users with more transparent, efficient, and trustworthy on-chain financial services. Also launched is the Xbank NFT Node Certificate, which serves as a key entry point and value carrier for the ecosystem. This NFT will be used in the future for user level identification, staking yield enhancement, Airdrop rights allocation, and community governance voting scenarios. Xbank stated that the platform will continue to promote the deep integration of real assets and on-chain liquidity, accelerating the construction of an open, secure, and sustainably growing financial ecosystem.

Stani.eth, the founder of Aave, stated that the consultation results from HM Revenue and Customs indicate that deposits made by users on Aave will not be regarded as a disposal for Capital Gains Tax purposes, which is a significant victory for UK DeFi users looking to borrow stablecoins. He emphasized support for this tax treatment and looks forward to it being reflected in the tax law soon.

According to BlockBeats news on November 27, Lista DAO officially launched its RWA product and went live on the BNB Chain. This product integrates real-world assets through Centrifuge and is supported by price feeds from Chainlink. Users can hold on-chain yield assets pegged to US Treasury bonds and AAA-rated corporate bonds by depositing USDT. Currently, it is only open to allowlist users, and the application channel has been opened simultaneously.

Golden Finance reports that InsureDAO developer PAO TECH Labs will assist the Japanese yen stablecoin JPYC in opening a lending market, building an operational treasury (yield strategy), and improving the fixed interest rate market (interest rate swaps, etc.), while providing liquidity support for the aforementioned products.

Golden Finance reports that AI-driven rise may keep the U.S. economy strong, thereby suppressing the Fed's expected interest rate cuts next year. Although the market anticipates that the Fed may cut rates as much as three times, Dustin Reid from McKinsey & Company stated that faster growth brought by AI may require tighter policies, which would lead to higher U.S. Treasury yields. He expects that by mid-2026, the yield on the 10-year U.S. Treasury will rise from the current 4% to 4.4%.

BlockBeats News, on November 26, the yield on the UK two-year government bonds fell by 7.1 basis points, reaching the lowest level since August 2024, at 3.693%. Traders are increasing their bets on the extent of the Bank of England's interest rate cuts, expecting a cumulative cut of 68 basis points by the end of 2026. (Jin10)

PANews, November 26 - Aptos ecosystem's native enhanced yield infrastructure Goblin Finance officially launched its core product GoAPT today, aiming to build a yield infrastructure for Aptos that focuses on real strategy profit sharing. Unlike traditional LSTs that only map the basic staking APR, GoAPT not only retains about 6.5% of the network's basic yield but also incorporates a strategy treasury.

Gate US launched a new Staking feature on November 26, providing users with a more convenient and secure on-chain participation method, and clearly showcasing the rewards mechanism. This move enhances its product matrix, with Compliance operations covering 42 jurisdictions in the United States, and will continue to expand asset support and optimize the yield structure in the future.

Odaily News JPMorgan has submitted a proposal to regulatory authorities for a leveraged structured note product linked to BlackRock's iShares Bitcoin Trust (IBIT) ETF. This product will allow investors to bet on the future price of Bitcoin. According to the prospectus, if the price of the IBIT ETF is equal to or higher than the preset price by December 21, 2026, JPMorgan will redeem the note early, paying at least $160 for each note (priced at $1,000). However, if the price is below the preset price at that time, the note will continue to be held until 2028. In this case (if obtained.