Today in DeFi

Today in DeFi

TID Premium: BasedOneX Airdrop Checker, Earn 5% BTC APY, Earn 15%+ Stablecoin LP APR on Avalanche

Mar 11, 2026
∙ Paid

DeFi📈

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  • Pendle introduced a one-click PT looping feature designed to simplify leveraged yield strategies, enabling users to boost returns from around 5% to over 20% APY through automated looping.

  • HyperLend partnered with Hyperion DeFi to launch compliance-gated private lending pools on HyperEVM, enabling institutional borrowers to access credit using HYPE as collateral.

  • World Liberty Financial launched a governance proposal to enable staking for $WLFI holders, aiming to incentivize participation in protocol governance.

  • Jupiter Global expands to multi-chain deposits across Solana, Base, Arbitrum, and Sui with unified USDC accounts.

Stablecoins/RWA🪙

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  • Sonic Labs Launches USSD, a native USD stablecoin built on Frax Finance infrastructure and backed 1:1 by institutional-grade assets, including tokenized Treasuries from BlackRock, Superstate, and WisdomTree.

  • Theo opened the thUSD Genesis vault with a $100M cap, allowing users to deposit USDC or thBILL on Ethereum or Arbitrum for a 6-week lock to mint thUSD and earn ~8.3% APR from its delta-neutral gold carry strategy.

  • Balancer launched the AZND/AUSD/loAZND triple stable pool on Monad with boosted yields through Neverland Money, combining Asia credit-backed AZND, fiat-backed AUSD, and yield-bearing loAZND, offering 40%+ APR for LPs.

  • xStocksFi announced plans to connect tokenised equity markets from Nasdaq to blockchain networks using its xStocks framework.

  • Jupiter partnered with xStocksFi to enable trading of 70+ tokenised stocks with liquidity via Atomic RFQ during market hours and on-chain liquidity through xChange on weekends.

  • Gains Network launches WTI and XAU RWA trading pairs across Arbitrum, Base, Polygon, ApeChain, and MegaETH with 20% fee discounts for 7 days.

Prediction Markets🔮

  • Hyperliquid deployed HIP-4 on testnet, introducing fully collateralised binary outcome markets based on HyperCore mark prices, with the initial mainnet release planned as 1-day BTC and HYPE markets without leverage or liquidations.

Issues⚠️

  • Aave reported a misconfiguration in its CAPO oracle that triggered wstETH E-Mode liquidations, causing about 345 ETH in losses. No bad debt occurred; affected users will be fully reimbursed, and the oracle parameters have since been corrected.

  • Compound Finance users face phishing risk as the official website redirects to a suspicious domain impersonating the app

  • Citrea warned users not to interact with links on its Discord after a moderator account was compromised and used to impersonate team members to distribute phishing links.

Airdrops🪂

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  • Based launched its $BASED airdrop checker, allowing users to verify allocations from Season 1–3 XP ahead of a potential TGE in the coming days, though eligibility required signing the app’s terms before the February cutoff.

  • xStocksFi announced the xPoints rewards program, allowing users to earn points by holding xStocks, providing liquidity, or using borrow and lend markets, with a 20% boost available for linking wallets early.

  • Unitas Protocol introduced $UP, a governance and revenue-accrual token that distributes income from the protocol’s market-neutral yield strategies to stUP stakers, with 45% of supply allocated to the community and ecosystem.

  • Prime Vaults launched Phase 1 incentives on Arbitrum via Merkl, allowing users to deposit USDC or WETH into PrimeUSD and PrimeETH vaults before the first round ends on March 12.

  • World Liberty Fi distributes WLFI airdrops every Friday to USD1 holders on Binance with no caps. USD1 also qualifies for a 1.2x leverage multiplier in Margin and Futures trading, expanding utility across the platform.

  • Katana launched a new quest allowing users to earn 15 XP by verifying their email in the Katana app, with hints of a larger announcement coming soon.

Farms 🧑🏻‍🌾

  • Steakhouse Financial launched the cbBTC Carry vault in its app, borrowing USDC against cbBTC collateral and deploying it into higher-yielding USDC strategies to capture carry from rate differentials, offering 5% BTC APY.

  • IPOR Vaults launches Aave-Ethena Loop Mainnet on Fusion via 628Labs, automating leverage using Aave and Euler with exposure to Ethena Rewards and 5x Fusion Points, offering up to 20% leveraged APR.

  • Pendle enables fixed-income strategies on Apyx’s apyUSD, a stablecoin project backed by preferred shares in Digital Asset Treasury companies with real dividends, offering 13% in Implied APY.

  • Reya Network LP Pool upgrade launches with 27% trailing APY on USDe/sUSDe backed assets. The renamed RLP token combines Reya market-making returns with sUSDe rewards, offering dual yield on Reya Network.

  • Perena, an RWA stablecoin protocol on Solana, launches Glow Finance USDT vault offering ~8.5% APY plus points through delta-neutral quant strategies.

  • Echelon launches iUSD looping strategies on Initia with iUSD/USDC 10x leverage for up to 50% APR.

News🗞️

  • Steakhouse Finance embeds Morpho lending directly into Ramp Network's fintech app, allowing USDC earning without leaving the platform.


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Earn ~17% Fees APR Providing AUSD/USDT Liquidity on LFJ (Avalanche)

A new stablecoin liquidity opportunity on LFJ (formerly Trader Joe) on Avalanche is currently generating around 17% APR from trading fees, with an additional ~0.5% AVAX rewards APR.

The strategy involves providing liquidity to the AUSD/USDT pool, which is a stablecoin pair designed to stay close to 1:1, allowing users to earn high fee revenue while maintaining relatively low price volatility.

Because the yield is mostly driven by trading fees, this farm benefits directly from swap activity between AUSD and USDT rather than relying on token incentives.


Protocol Overview

LFJ (Trader Joe)

LFJ is one of the largest DeFi protocols on Avalanche, operating as the chain’s primary DEX and liquidity hub.

The platform uses Liquidity Book (LB) technology, which allows LPs to concentrate liquidity into specific price bins to improve capital efficiency and increase fee generation.

Key features:

• Concentrated liquidity model
• Active stablecoin trading pairs
• Deep liquidity across Avalanche DeFi

Because of the concentrated liquidity structure, LPs can capture higher fee APR compared to traditional AMMs when liquidity is placed within the active trading range.


AUSD (Agora Finance)

AUSD is a USD-pegged stablecoin issued by Agora Finance, designed to be used across DeFi markets as a composable stable asset.

The stablecoin is part of the Agora ecosystem, which focuses on building liquidity and stablecoin infrastructure across multiple chains.

Users can obtain AUSD in two main ways:

  1. Mint via Agora Finance

  2. Swap directly on LFJ

For most users, the simplest option is swapping USDT or another stablecoin into AUSD directly on LFJ before providing liquidity.Strategy Overview

This strategy involves providing liquidity to the AUSD/USDT pool on LFJ (Avalanche) within a concentrated price range.

Current yield:

• ~17% APR from trading fees
• ~0.5% APR from AVAX rewards

Total expected yield: ~17.5% APR

Since both assets are stablecoins, the strategy primarily earns from swap activity between the two assets.


Liquidity Range

The optimal liquidity range currently used for this strategy is:

Min price
0.99262768 USDT per AUSD

Max price
1.00742707 USDT per AUSD

This range keeps liquidity centered around the 1:1 stablecoin peg, allowing LPs to capture the majority of trading volume.


Bridging to Avalanche

Before participating, users may need to bridge funds from Ethereum or another chain.

Steps:

  1. Bridge assets from Ethereum → Avalanche

  2. Use Avalanche Bridge or a cross-chain bridge

  3. Receive funds on Avalanche

  4. Swap into AUSD and USDT

Once funds are on Avalanche, users can access LFJ directly.


How to Get AUSD

There are two main ways to obtain AUSD.

Option 1 — Swap on LFJ (Easiest)

  1. Go to LFJ

  2. Swap USDT → AUSD

This is the fastest method for most users.


Option 2 — Mint via Agora

Users can also mint AUSD through Agora Finance, depending on the minting mechanism available in the ecosystem.

However, most LP participants simply swap for AUSD on LFJ.


How to Provide Liquidity

Step-by-step:

  1. Bridge funds to Avalanche (you can do it on Stargate using an EVM wallet)

  2. Swap part of your funds into AUSD

  3. Keep the rest as USDT

  4. Go to LFJ → Liquidity Pools

  5. Select the AUSD / USDT pool

  6. Choose liquidity shape:

Spot liquidity (recommended)

  1. Set the liquidity range:

Min price
0.99262768

Max price
1.00742707

  1. Deposit both assets

  2. Confirm the transaction

Once active, the LP position will begin earning swap fees and AVAX rewards.


Yield Source

The yield is generated from two sources:

Trading Fees (~17% APR)

• Swaps between AUSD and USDT
• Arbitrage trading between stablecoins
• Stablecoin liquidity demand

AVAX Rewards (~0.5% APR)

• Incentives provided by the protocol

Because the majority of yield comes from fees, the APR will fluctuate depending on trading volume.


Risks

Stablecoin Depeg Risk

If AUSD or USDT deviates significantly from $1, LP positions may experience losses.

Range Risk

If the price moves outside the chosen range, the position stops earning fees until rebalanced.

Smart Contract Risk

LFJ and Agora Finance are smart contract systems that carry technical risk.


Follow @todayindefi to keep up with the latest DeFi news on Twitter.

Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.

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