2026-01-08 15:28:00

In the field of stablecoin wealth management, there has been a recent phenomenon that many people are paying attention to—the cooperation models between certain DeFi platforms and major exchanges are redefining the yield logic.

For example, the stablecoin USD1 is doing something interesting: one end connects to a leading exchange's Earn product (offering about 20% annualized return), and the other end is its own low-interest lending. Users' gameplay becomes—borrowing USD1 to invest, while also participating in wealth management with USD1, and the interest spread in between is the profit. This two-way linkage is indeed more flexible than simple lending or wealth management.

The key is the trust mechanism behind it. The credibility endorsement of large exchanges, combined with liquidity support from DeFi platforms, disperses the risks relatively. As an ecosystem token, LISTA has the potential for appreciation as cooperation deepens.

Of course, where is the ceiling of this model? It mainly depends on how widely the ecosystem applications can expand. The integration of sectors like NFTs, mining, and cross-chain determines the future usage frequency of USD1. High wealth management returns are useless if there isn't much use. So, it's important to observe the speed of subsequent ecosystem development.

USD1-0,01%

LISTA3,83%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
6
Repost
Share

Comment

0/400

ConsensusDissenter

· 01-09 09:20

The spread arbitrage trick, to put it simply, is just betting that the ecosystem won't die.

View OriginalReply0

DefiEngineerJack

· 01-09 02:25

nah but 20% yield on stables sounds nice until you realize it's literally just arbitrage theater... where's the actual alpha coming from tho

Reply0

GasFeeCrybaby

· 01-08 15:56

Interest rate arbitrage sounds great, but if the ecosystem applications can't keep up, it's just empty talk. This is the most crucial point.

View OriginalReply0

BrokenRugs

· 01-08 15:56

Interest rate arbitrage sounds good, but there have been quite a few collapses of this model. Can it really be stable? Even exchange backing can't prevent liquidity exhaustion. Honestly, it still depends on whether the ecosystem has real application scenarios. A 20% annualized return sounds too magical. I usually test small amounts on platforms like this. The appreciation potential of LISTA will only be known once the ecosystem is fully developed. How long can USD1 stay hot? The key still depends on popularity and genuine demand; otherwise, it will just end in failure. Another arbitrage model. We've seen this a lot in crypto, and in the end, users all become the bagholders. If the ecosystem expands slowly, these returns will inevitably shrink, so be mentally prepared. It feels like LISTA's story is quite well-rounded, but execution is the key. Don't go all-in; just treat it as a gamble on ecosystem growth. Anyway, it's small money to play with. This model seems clever on the surface, but it's really just a combination of arbitrage and faith, with the same high risks.

View OriginalReply0

DefiOldTrickster

· 01-08 15:52

Oh wow, 20% annualized? I've played this interest spread game too many times, just worried that liquidity might dry up someday.

View OriginalReply0

TokenDustCollector

· 01-08 15:45

Interest rate arbitrage sounds pretty sweet, but it depends on whether the exchange is really reliable. A 20% annualized return, you have to ask where the risk is. Without a solid ecosystem, even the best models are just paper wealth. In the crypto world, it ultimately depends on whether there are real application scenarios to support it. Whether LISTA will rise or not mainly depends on what new tricks can be pulled out next. Stablecoin stacking and financial management may sound fancy, but in reality, it's just a lending game.

View OriginalReply0