Independent DeFi research. Lending protocols, RWA yield strategies, risk-adjusted allocation. Yield Desk is an independent crypto research and advisory practice focused on DeFi lending markets and real-world asset yield strategies. We publish deep-dive protocol analysis, risk-adjusted yield comparisons, and institutional-grade due diligence for investors navigating on-chain credit markets. Coverage universe: Aave · Morpho · Euler · Spark · RWA protocols · Yield-bearing stablecoins
On-Chain Private Credit in 2026: What the Headline Numbers Hide and Where the Real Yield Lives
On-Chain Private Credit in 2026: What the Headline Numbers Hide and Where the Real Yield LivesYield Desk Research · Independent Analysis · May 2026 · 15 min read Data sources: RWA.xyz · Maple Finance official documentation · Centrifuge official documentation · DefiLlama · The Block · CoinDesk · Messari · FinanceFeeds All figures verified against primary sources. Where sources conflict, discrepancies are disclosed.A Note on Methodology — Read This FirstThe tokenized private credit market is on...
On-Chain Private Credit in 2026: What the Headline Numbers Hide and Where the Real Yield Lives
On-Chain Private Credit in 2026: What the Headline Numbers Hide and Where the Real Yield LivesYield Desk Research · Independent Analysis · May 2026 · 15 min read Data sources: RWA.xyz · Maple Finance official documentation · Centrifuge official documentation · DefiLlama · The Block · CoinDesk · Messari · FinanceFeeds All figures verified against primary sources. Where sources conflict, discrepancies are disclosed.A Note on Methodology — Read This FirstThe tokenized private credit market is on...
Tokenized Treasuries in 2026: BlackRock, Ondo, and Franklin Templeton — An Institutional-Grade Comparison
Tokenized U.S. Treasuries have reached $15.2 billion in May 2026 — a 37-fold increase from three years ago. BlackRock, Ondo, and Franklin Templeton now offer three structurally different products with different eligibility rules, yield mechanisms, and DeFi composability. Most coverage treats them as interchangeable. They are not. This report maps every dimension that matters to a serious allocator — including the tax and regulatory considerations that almost no DeFi research bothers to
Tokenized Treasuries in 2026: BlackRock, Ondo, and Franklin Templeton — An Institutional-Grade Comparison
Tokenized U.S. Treasuries have reached $15.2 billion in May 2026 — a 37-fold increase from three years ago. BlackRock, Ondo, and Franklin Templeton now offer three structurally different products with different eligibility rules, yield mechanisms, and DeFi composability. Most coverage treats them as interchangeable. They are not. This report maps every dimension that matters to a serious allocator — including the tax and regulatory considerations that almost no DeFi research bothers to
DeFi Lending in 2026: Aave vs Morpho — A Risk-Adjusted Yield Comparison
Independent Research · May 2026 · 12 min read
DeFi Lending in 2026: Aave vs Morpho — A Risk-Adjusted Yield Comparison
Independent Research · May 2026 · 12 min read
