Keno 1

If we get some deeper pullback, I will buy more: - $NEAR - $PENDLE - $SYRUP - $ZEC - $HYPE All of them have shown incredible strength, I'm betting it will continue. If something goes wrong, I’ll still keep them in spot. Why? PENDLE is on a mission: every yield is getting Pendle’d. It earns protocol-fee buybacks through sPENDLE, distributed every two weeks. NEAR is my fav player in the strongest narrative combination: privacy x AI, with enormous upside potential. SYRUP is my main bet on institutional onchain asset management. The metrics keep looking strong, and monthly buybacks are now live. ZEC for one of the most valuable things we still have: our privacy. HYPE to make even bigger HYPE in my portfolio. Besides this, I’ll buy a small portion of: - $PONS - $STONK My asymmetric upside speculation. Which one am I missing?

Last day to earn 50 $PENDLE (~$110). It takes just 20 minutes. If you don't want to stay in the position for long, you can lock in 22.3% APR with a maturity of just 16 days. If you prefer higher yield, there's 26.2% APR with a 51-day maturity.

Every yield is getting Pendle’d. $PENDLE

If you can see it... syrUP only. $SYRUP

With the right strategy on $PENDLE , life gets $NET positive.

10 days ago I deposited $737. When it matures 18 days from now, I’ll receive: - PNL: $12 - Reward: 50 $PENDLE (~$110) That’s roughly a 17% return in 28 days. Your bank needs 6 years to outperform my 28-day performance. 39 spots left to get 50 $PENDLE. 4 days left.

Pendle live on Robinhood Chain, first market sNET (17 Sep 2026 maturity). - PT if you want the fixed rate locked - YT if you think the rate goes higher - LP if you want fees and keep it simple DeFi summer continues. $PENDLE

We have one more opportunity to receive 50 $PENDLE . The first 100 spots went out within 3 days. Now, only 48 spots are left. - Open the Boros × CrossEx 4-leg hedged position in Arbitrage Terminal - $20,000 notional to qualify - Only ~$1,416 margin required - Lock 19.6%+ fixed APR - Shortest maturity: 23 days In 23 days, your return will be ~$18 + 50 $PENDLE . That's ~$110 at current prices. If you want to earn more, simply choose a strategy with a longer maturity.

Another great opportunity to DCA into $SYRUP after the retest of the 420-day downtrend break. syrUP only.

Maple protocol revenue has been grinding back up over the past four months after the bear-market drop. With MIP-021 come $SYRUP buybacks that scale with revenue. - Below $1.5M = 10% - $1.5M–$2M = 20% - Over $2M = 30% Only a matter of time before we jump over $2M again.

Maple originated $6.4B in loans in six months. That already beats all of 2025. But the bigger story is how Maple is turning onchain credit into infrastructure for fintechs. A few highlights: - AUM is now $4.95B, with $12.2M in H1 revenue. - syrupUSDG is up 12% in the past month and stayed 60–90 bps above $syrupUSDT every day this month. - Robinhood Earn reached $700M in six weeks, with roughly $230M now sitting in Maple AUM. - Maple completed its first $SYRUP buyback under MIP-021, buying 852,840 SYRUP for 136,768 USDT. - Private credit took three decades to mature. Stablecoin-based credit could compress that timeline dramatically. - Bitcoin miners can borrow against BTC at 6–12% instead of selling BTC or diluting shareholders to fund AI data centers. - Two of Ethereum's top five RWA products by TVL are Maple's, ahead of BlackRock, Janus Henderson, and WisdomTree. That buyback matters more than the size suggests. MIP-021 makes it rules-based at 10% of monthly net revenue, so it scales with the business instead of depending on a vote. The thesis is becoming clearer. Maple does not need to own every customer. It can own the hard part: underwriting, credit infrastructure, legal structure, and risk management. Trusted fintechs can own distribution. If Maple keeps growing its credit engine while fintechs distribute it to millions of users, onchain credit stops being a niche crypto product. It becomes financial infrastructure people use without ever noticing.

We all know what a break of this 420-day downtrend means for $SYRUP . Oh, it was enough to write... syrUP only.

I've spent the last few months concentrating my portfolio. I'm sure this is the best portfolio available. I can ask the SEC if they can let me make an ETF for frens if you want to win with me. - $PENDLE - $SYRUP - $NEAR - $HYPE What about yours?

DeFi lending TVL fell 25.2% last quarter. Maple's AUM fell 0.94%. Active loans hit an all-time high of $1.84B, up 55.6%, with zero forced liquidations through the worst quarter on record for crypto security. Revenue is up 47% year over year. H1 alone is already ~70% of all of 2025. syrupUSDG launched and crossed $135M in days. It sits above $225M in mid-August. For comparison, syrupUSDT needed roughly a year to reach $100M. Maple Institutional grew 767% to $753.1M, with the Kraken deal driving the acceleration. And from August, monthly $SYRUP buybacks scale up to 30% of net revenue. h/t GLC Research for the best reports in the space.

Now imagine the buybacks when bulls return and Maple's revenue consistently hits $2M+ per month. At that point, it’s 30% of monthly net revenue going into buybacks. Highest conviction in $SYRUP .

Maple closed H1 2026 with the strongest numbers in its history, right in the middle of the toughest market conditions of the year. AUM +81% YoY. Loan book at all-time highs. All while the wider lending market shrinks. Here is the breakdown of Maple's metrics. > Maple closed H1 2026 with $4.6B in AUM, +81% year over year. After the rsETH incident in April spooked DeFi and triggered mass withdrawals, AUM dropped to $3.3B. Maple adapted fast, protected users, and rebuilt to $4.6B in the same quarter. > Total deposits reached $2.2B, +81% year over year, with $1.03B in fresh inflows during the period. That kind of growth during a risk off market shows real trust. Lenders keep choosing Maple even while pulling capital out of other platforms. > Q2 revenue hit $4.4M, +47% year over year. Quarter over quarter it dipped 33%, a natural result of tighter market conditions across DeFi. Annualized, Maple is running at $17.5M ARR, proof it keeps turning real volume into sustainable income. > Total loans outstanding hit an all-time high of $1.9B. That is +123% year over year and 66% quarter over quarter. Borrowers keep coming back to Maple, and that demand is exactly what drives long-term value for the protocol. > While the broader lending market contracted 31% year to date, Maple grew 22% in the same period. That is not luck, that is real product market fit. When sentiment turns positive again, protocols with numbers like this tend to get repriced fast. > $syrupUSDC is averaging 4.9% yield over the last 30 days. That puts it among the top 3 yield bearing stablecoins in all of DeFi. It is also beating every major competitor by 110 basis points, even during a bear market for the sector. > $syrupUSDT is averaging 4.1% yield over the last 30 days, placing it in the top 10 yield bearing stablecoins in DeFi. Maple's H1 2026 recap: - AUM: $4.6B, +81% YoY - Deposits: $2.2B, +81% YoY - Q2 revenue: $4.4M, +47% YoY - ARR: $17.5M - Loan book: $1.9B ATH, +123% YoY $SYRUP

Maple just made its biggest distribution move yet. syrupUSDG is now available on Ethereum and Robinhood Chain. This is Maple's first new Syrup asset in two years, and the first time its institutional credit engine is being brought directly to a mainstream fintech platform and its users. Maple has originated over $22 billion in loans since 2022, across multiple market cycles. Every loan is overcollateralized. Borrower interest is the source of returns. That same credit engine is now available inside Robinhood as a product customers can actually access. syrupUSDG is built on the same model as syrupUSDC and syrupUSDT. - Maple handles strategy, origination, risk management, and transparency reporting - Steakhouse Financial serves as sole risk curator for the vault behind Robinhood Earn - Morpho provides the vault infrastructure - Paxos provides regulated issuance of USDG - Robinhood brings distribution to millions of users Every role is clear. That structure matters more than most people realize. Institutional credit has historically been a closed system. Available to large allocators with the right minimums. Not to the person using a fintech app to manage their savings. syrupUSDG changes that access point without changing the underlying credit quality. Loan, allocation, and collateral data is verifiable onchain via Maple's Proof of Reserves. USDG is part of the Global Dollar Network. Partners include Kraken, OKX, Robinhood, Mastercard, and over 130 other financial services and fintech companies. Every new fintech that integrates syrupUSDG adds AUM, lending activity, and revenue to the Maple ecosystem without Maple needing to build the distribution itself. That is the compounding effect most people are not thinking about yet. For $SYRUP holders, each new distribution channel adds real lending volume, real yield generation, and real protocol revenue. Now the distribution is opening up. Robinhood is just the first.

Maple $SYRUP tastes so sweet, especially in green numbers. 🍁🥞

Maple Borrower Hub is live. This is the way to optimize institutional capital efficiency onchain. I wrote a full post on this a few days back. Dropping it in the first reply for anyone who wants the full breakdown. $SYRUP

We are in the early stages of an era where only a handful of real protocols will survive, and they will forever change how the entire DeFi sector is perceived. The result? Global DeFi adoption at scale. $MORPHO raised $175M in a round co-led by Paradigm, a16z crypto, and Ribbit, with participation from Apollo Funds, Circle Ventures, and VanEck. The conversation in serious capital circles is no longer about whether credit moves onchain. It is about who builds the infrastructure that carries it there. Morpho already has $11B+ in deposits. Institutional clients include Bitwise, Galaxy, and Anchorage Digital. Major exchanges like Coinbase, Kraken, and Binance are actively using it. These are the largest and most risk-averse players in crypto running real capital through this protocol every single day. That detail matters more than the headline number. Anyone can raise money early, but... Protocols that actually have this kind of client base at this stage are rare. Now think about what this round means structurally. Lending is the largest profit pool in all of financial services. Mortgages, corporate credit, consumer loans, structured products... the entire thing runs on the same basic mechanism. Capital flows from where it sits idle to where it generates a return. The infrastructure carrying that flow has not changed meaningfully in decades. It is fragmented, slow, and full of intermediaries extracting value at every step. Morpho is building a single open network that replaces all of that. Not by disrupting the banks. By giving banks, asset managers, and fintechs a better backend to run on. Morpho is a core piece of the DeFi puzzle and my primary protocol for borrowing against $PENDLE 's PTs. The PT markets on Morpho, the credit infrastructure powering yield products across DeFi. This raise is a signal that the institutional world has reached the same conclusion most of us arrived at a long time ago by studying these products from the ground up.