You’ve heard of tokenized Treasuries from BlackRock or Franklin.
But can you LP them on Pendle? Use them as collateral on Morpho? Loop them?
@DDinkelmeyer, @MidasRWA is changing that offering real yield, atomic redemption, and plug-and-play DeFi composability.
Let’s dive in 👇
Why Midas?
Midas has grown to $430M+ TVL…
➜ No incentives
➜ No governance token
➜ No marketing
How?
By offering regulated, tokenized certificates that plug directly into DeFi rails like Pendle, Morpho, and more.
The core product: tokenized certificates
Midas tokenizes real-world strategies into Actively Managed Certificates (AMCs), ERC20 tokens with:
➜ Real yield (e.g., T-bills, basis trades)
➜ Atomic minting and redemption
➜ DeFi composability
Why composability matters
These yield tokens can be:
• LPed on Pendle
• Used as collateral on @MorphoLabs
Example: Midas' "MEV" token (90M TVL)
→ Yields ~12%
→ Borrow against it at 8%
→ Boost return on equity to 15–30%
Introducing: Stake Liquidity
DEX liquidity is fragmented, costly, and inefficient.
So Midas built a central Stake Liquidity Pool that:
1. Sits in T-bills earning ~4%
2. Handles redemption calls from any Midas stablecoin-dominated token
3. Collects a small redemption fee (~50bps)
Result? Liquidity becomes capital efficient.
Tokenized Private Credit
Midas is launching a new product with @FasanaraCapital:
➜ Tokenized private credit fund
➜ Allocates to receivables + working capital in bear markets
➜ Switches to basis/MM strategies in bull markets
Designed as an “all-weather” strategy (accredited only, for now).
Midas is building the missing layer between real-world yield and DeFi composability.
Explore:
Watch the full talk:
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