IntoTheBlock

The Sentora team is at @money2020!
Exploring earn programs, onchain yield, or stablecoin solutions? Come meet us at our cabana at The Venetian to discuss how Sentora can support you.
Send us a DM to plan a meeting

USDT’s share of the stablecoin market has fallen from ~70% to ~61% over 24 months, while USDC’s has risen from about 20% to roughly 24%.

Atomic paths settled 89% of the $1.63B liquidated on Ethereum lending venues over the past year.
Atomic liquidations depend on DEX liquidity. RWA collateral with thin pools and allowlisted transfers will push liquidations toward offchain market makers, RFQ and solvers.

USDC supply has stayed between roughly $70B and $80B for 12 months, far above MiCA’s €5B threshold.
On Oct 14, the EBA named USDC the first significant e-money token among 45 notified EMTs. Direct EBA oversight of reserves and liquidity starts Nov 12.

DeFi TVL fell $1.34B to $122.25B this week, and stablecoin supply fell $1.35B. The near-identical drop suggests capital is leaving onchain markets.
Here are the weekly DeFi metrics:

Sentora is heading to Money20/20 USA in Las Vegas next week.
If you’re building with stablecoins, tokenized assets or onchain yield, let’s talk.
Send us a DM or visit to book a meeting.
See you in Vegas!

OUSD launched on September 30 with over $1B in committed liquidity from Coinbase, Mastercard, Stripe, and Visa, among others.
Today, we’re excited to launch Sentora's new OUSD @Morpho Vault on @tempo.
Read more:

Morpho accounted for ~63% and Veda for ~19% of tracked vault deposits in the week ending October 4, according to Blockworks Intel.
The data excludes recursive deposits, so capital looped through the same position is counted once.

DeFi lending went through a stress week.
TVL fell $5.06B to $123.90B, liquidations rose to $8.35M (+$8.05M), and USDT CDOR jumped 1.40pp to 5.88%, overtaking USDC at 5.10%.
Available stables liquidity fell 2.35pp while ETH liquidity rose 2.68pp.