Permissionless yield protocol | Create pools, fix rates, trade yield, govern & earn | Formerly APWine
Joined August 2020
- Tweets 2,903
- Following 364
- Followers 31,322
- Likes 4,179
881 Photos and videos
Pinned Tweet
Feb 12
MetaVaults are now live!
→ app.spectra.finance/metavaul…
✅ Pool expiry cycles handled automatically
✅ New onchain business venue for curators
✅ YT yield auto-capture & autocompounding
✅ Single receipt token & more
Discover all the benefits ↓
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Spectra retweeted
Our audit with @certora is out, and I can finally talk about what we've been building.
In parallel to MetaVault V2's work, the team's focus has also been on the infrastructure that enables the Spectra protocol to expand beyond EVM.
The audit with Certora covers one of the key components ahead of the full expansion.
Stellar's onchain ecosystem has grown by over 500% in TVL since the start of last year. The Stellar Foundation is moving fast, and we've seen it firsthand through the level of support they've brought to Spectra. The trajectory is hard to overstate. Institutional assets and interest are arriving there, and fixed-term markets are very much the natural evolution of that landscape.
One thing worth pulling out of this audit: the new Router contract includes the supporting layer for order books on Spectra, scheduled for release this summer.
With an order book, traders can place limit orders on PTs and YTs, market makers can rest liquidity, and larger-sized orders become far easier to execute. The router routes optimally between the book and the pool, which deepens trading activity and fee generation across the protocol.
Excited for Spectra to expand into the Stellar ecosystem and bring its yield tokenization and trading suite to its participants.
Jun 12
Spectra's security audit with @Certora has concluded. The audit covered custom cross-chain infrastructure for Principal Tokens, built on a messaging-layer agnostic architecture, with @StellarOrg as the first non-EVM environment the infrastructure supports.
The direction follows where institutional liquidity is heading:
→ DTCC selected Stellar for its tokenization service, with DTC-custodied assets expected on the network in 2027
→ Circle's CCTP went live on Stellar, enabling native USDC transfers
→ Mastercard expanded stablecoin settlement flows within the Stellar ecosystem
→ Institutional RWA issuance on the network continues to grow
Tokenized institutional assets need a yield layer. The infrastructure for that is being built, and its cross-chain foundation has now been audited.
The bridge to Stellar will soon be available in the flagship Spectra app, marking the first step in the Spectra protocol's broader expansion to the network.
Full audit report ↓
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Jun 12
Spectra's security audit with @Certora has concluded. The audit covered custom cross-chain infrastructure for Principal Tokens, built on a messaging-layer agnostic architecture, with @StellarOrg as the first non-EVM environment the infrastructure supports.
The direction follows where institutional liquidity is heading:
→ DTCC selected Stellar for its tokenization service, with DTC-custodied assets expected on the network in 2027
→ Circle's CCTP went live on Stellar, enabling native USDC transfers
→ Mastercard expanded stablecoin settlement flows within the Stellar ecosystem
→ Institutional RWA issuance on the network continues to grow
Tokenized institutional assets need a yield layer. The infrastructure for that is being built, and its cross-chain foundation has now been audited.
The bridge to Stellar will soon be available in the flagship Spectra app, marking the first step in the Spectra protocol's broader expansion to the network.
Full audit report ↓
We completed the audit of @spectra_finance's bridge, which extends Spectra's protocol capabilities beyond EVM, with @StellarOrg as the non-EVM environment in scope.
Proud to support the team ahead of upcoming releases 🫡
Full report 👇
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Spectra retweeted
Back from NYC. A few reflections from the trip, @stable_summit and @Vault__Summit at NYSE.
My clearest takeaway: institutions now treat DeFi as a building block of finance, not a curiosity. The conversations I had with asset managers and institutional players were of a different caliber than a year ago. Less "what is this," more "how do we integrate this."
The shift runs both ways. DeFi is now ready to meet TradFi, having understood its real pain points and now building to address them. Async settlement is a clear case.
And it speaks a language they know: vaults, taking on various forms like access points, yield engines, optimizers. Spectra's MetaVaults' value proposition clicks with them quickly when I lay it out: one vault, one token representing your position across multiple assets and fixed-term markets.
You can also feel the appetite for onchain fixed-rate products thickening in the air, and the concept naturally needs no introduction for them.
I spent last week sharing the MetaVault V2 model with curators and funds. Three significant initiatives are now running in parallel, and I'm having more and more conversations with teams looking to build on this infrastructure.
It's now the most agile framework out there, and heads turn when I mention features like cross-chain agility and ease of integrating external protocols, alongside fixed-rate market curation.
It was great to meet some of the people we've been building alongside in person during my stay, and a big hat tip to organizers and sponsors of both events 🤝
Heading to @Vault__Summit at NYSE NYC to introduce Spectra MetaVault infrastructure and the new operator app to curators and funds present there.
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Spectra retweeted
Jun 8
Note that people are also using @spectra_finance to put their FLR to work. ☀️
“What’s your flare-networks:native strategy?”
Mine is pretty boring, and I’m okay with that.
I delegate.
I stake.
I use my FLR as collateral in pools.
That’s the strategy.
No constant hopping between opportunities. No overcomplicating it.
The goal is to accumulate yield while remaining exposed to the long-term growth of the Flare ecosystem.
☀️🕶️
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Spectra retweeted
Jun 3
Missed Inside XRP on Flare with @FlareNetworks, @Firelightfi, and @spectra_finance?
Watch the replay here, or on YouTube we're you can find alpha in our latest X spaces and interviews.
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Spectra retweeted
MetaVaults delivered. They launched with the key promise: carry liquidity across fixed-term markets.
Tonight, with the expiry of the largest XRP yield market, millions were rolled over into new ones within the bounds of an MV deployment, allowing hundreds of liquidity providers to remain positioned without having to monitor pool expirations or execute manually.
The Spectra protocol retained millions of TVL and enabled deep liquidity for traders on the new markets from the get-go.
Super excited!
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As the largest @Spectra_Finance market expired on June 3rd, 4M in XRP-backed liquidity rolled over into a new stXRP market through the @GamiLabs MetaVault.
Historically, that moment was the friction point where LPs migrated manually, while TVL and liquidity depth took time to materialize in the new market.
This time, through Spectra MetaVaults on Flare, the rollover happened seamlessly at expiry with zero LP friction. The new yield market went live with mid-7 figures of liquidity and stickier TVL.
MetaVaults are turning XRP-backed yield on Flare into durable onchain financial infrastructure. Check Spectra's article below for more details :)
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Spectra retweeted
Jun 4
The June stXRP pool on Spectra expired with $ 4.3M in liquidity rolling forward.
XRP-denominated fixed income is taking shape on Flare — with Spectra MetaVaults rolling over liquidity at scale.
Full details in @spectra_finance’s article below.
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Spectra retweeted
Heading to @Vault__Summit at NYSE NYC to introduce Spectra MetaVault infrastructure and the new operator app to curators and funds present there.
I am very excited about where things are headed for Spectra. A few things I want to share, in no particular order:
- The value proposition of MetaVaults is working. We are seeing curators source liquidity and incentive packages for their MV deployments independent of Spectra's internal BD efforts. Any founder or BD person will understand how impactful it is to have an independent party capable of sourcing liquidity without a single call or text message.
- The second MV value proposition: liquidity rollovers, the biggest pain point of fixed-term markets. Smaller-scale rollovers have already executed with zero friction to liquidity providers. The model holds so far, and a significant pool expiry next month will be its first test at scale.
Both of these dynamics remain somewhat masked by market turbulence, but the early signs are evident.
- The team has been developing MetaVault V2, and recently completed an important audit with @Certora covering the key components ahead of the Order Book implementation and a strategic non-EVM deployment. The report is due any day now.
I'll say it plainly: MetaVaults V2 is the most capable and flexible vault framework on the market. Combined with the team's years of PT/YT infrastructure expertise, this puts MV V2 well ahead of any comparable offering.
I will be presenting MV V2 to curators and funds next week during my stay in NYC, centered around the Vault Summit event at NYSE headquarters.
- Spectra protocol activity is very vibrant, and Spectra is now the #1 yield trading venue for XRP Finance on EVM. Anyone can monitor and verify the ongoing activity at activity.spectra. finance (more data depth on the pool pages in the App).
While I'm here, I also want to reiterate that a tokenomic upgrade for the SPECTRA token remains planned. Since our Q1 update, the thinking has developed alongside the protocol's growth, and we'll bring the detail to the governance forum for discussion.
I appreciate everyone's support
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Jun 2
We're joining the broadcast: Inside XRP on Flare!
Tune in as @GaspardPeduzzi shares his view on XRPfi, ongoing developments, and what's next for Spectra in this space, alongside leaders from @FlareNetworks and @Firelightfi.
Jun 2
Inside XRP on Flare: Live with Founders from Flare, Firelight, and Spectra x.com/i/broadcasts/1XxyggnPj…
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avKAT keeps stacking utility.
It auto-compounds and you can post it as collateral to borrow against it to stay liquid.
Now on @spectra_finance you can split it into Principal and Yield Tokens to enable fixed rates or go long the curve.
Jun 1
Spectra welcomes avKAT, a new asset registered on the protocol.
The Autocompounding Voting KAT is issued by @katana. Principal and Yield Tokens are now enabled for the asset.
Access open markets via app.spectra.finance/pools?ne…
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Jun 1
Spectra welcomes avKAT, a new asset registered on the protocol.
The Autocompounding Voting KAT is issued by @katana. Principal and Yield Tokens are now enabled for the asset.
Access open markets via app.spectra.finance/pools?ne…
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Jun 1
Principal Tokens enable a fixed rate on a yield-generating asset.
Example: Enter with 100 avKAT, hold Principal Token until maturity, and redeem for 110 avKAT units.
Discover the tool:
app.spectra.finance/fixed-ra…
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Principal and Yield Tokens are tradeable during the market's lifespan and settle at the pool's maturity - a date visible onchain and in the Spectra App.
Liquidity providers are exposed to several yield sources, depending on the pool configuration.
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Spectra retweeted
May 30
Spectra on Flare lets users choose how they want to approach stXRP yield:
Principal Token (PT)- stXRP for fixed-rate exposure.
Yield Token (YT) - stXRP for leveraged exposure, including 2x on @Firelightfi Points.
Here’s how to approach PT and YT for stXRP on @spectra_finance 👇
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May 29
June 2, 4PM UTC, save the date!
A live conversation on XRP Finance on Flare, with leaders from @FlareNetworks, @Firelightfi and Spectra.
Recent milestones across the stack, what's shipping next, and where XRPfi is heading.
Streamed on X.
May 29
Inside $XRP on Flare.
Join @0xQuantic and @HugoPhilion from @FlareNetworks with, @ConnorXslivan from @Firelightfi, and @GaspardPeduzzi from @spectra_finance this coming Tuesday.
Tune in for a livestream on XRPFi, FXRP, stXRP, fixed rates, rewards, and what’s next for XRPFi on Flare.
Set your reminder and join us live for the conversation☀️
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Spectra retweeted
I am very excited about where things are headed for Spectra. A few things I want to share, in no particular order:
- The value proposition of MetaVaults is working. We are seeing curators source liquidity and incentive packages for their MV deployments independent of Spectra's internal BD efforts. Any founder or BD person will understand how impactful it is to have an independent party capable of sourcing liquidity without a single call or text message.
- The second MV value proposition: liquidity rollovers, the biggest pain point of fixed-term markets. Smaller-scale rollovers have already executed with zero friction to liquidity providers. The model holds so far, and a significant pool expiry next month will be its first test at scale.
Both of these dynamics remain somewhat masked by market turbulence, but the early signs are evident.
- The team has been developing MetaVault V2, and recently completed an important audit with @Certora covering the key components ahead of the Order Book implementation and a strategic non-EVM deployment. The report is due any day now.
I'll say it plainly: MetaVaults V2 is the most capable and flexible vault framework on the market. Combined with the team's years of PT/YT infrastructure expertise, this puts MV V2 well ahead of any comparable offering.
I will be presenting MV V2 to curators and funds next week during my stay in NYC, centered around the Vault Summit event at NYSE headquarters.
- Spectra protocol activity is very vibrant, and Spectra is now the #1 yield trading venue for XRP Finance on EVM. Anyone can monitor and verify the ongoing activity at activity.spectra. finance (more data depth on the pool pages in the App).
While I'm here, I also want to reiterate that a tokenomic upgrade for the SPECTRA token remains planned. Since our Q1 update, the thinking has developed alongside the protocol's growth, and we'll bring the detail to the governance forum for discussion.
I appreciate everyone's support
May 26
The Spectra team quietly completed the development of MetaVault V2, making it the most advanced and flexible vault framework on the market.
We are now sharing it with existing MetaVault curators and will showcase it during our presence at Vault Summit NYC at @NYSE next week.
With V2, MetaVaults can:
- Extend strategies to external protocol assets without custom adapter development, saving significant build time
- Give all actors an admin-grade view into parameters, eligible destinations, and whitelisted actions
- Route liquidity cross-chain
- Encapsulate async strategies like RWA, looping, and carry trade
For curators, this is the part worth pausing on. V2 opens a direct path to amplify the distribution of async strategies via the Spectra ecosystem and third-party interfaces.
- Handle Yield Derivatives (PT/YT) and fixed-term market (LP) tokens
- Compound YT into LP positions
- Calculate NAV across @merkl_xyz rewards, pending YT yield, LP tokens, token emissions, and more, all simultaneously
- Sync NAV with external reporting platforms like @afiprotocol_xyz and other providers
V2 also comes ready for the Spectra Order Book, with native support built in ahead of its official launch.
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May 26
The Spectra team quietly completed the development of MetaVault V2, making it the most advanced and flexible vault framework on the market.
We are now sharing it with existing MetaVault curators and will showcase it during our presence at Vault Summit NYC at @NYSE next week.
With V2, MetaVaults can:
- Extend strategies to external protocol assets without custom adapter development, saving significant build time
- Give all actors an admin-grade view into parameters, eligible destinations, and whitelisted actions
- Route liquidity cross-chain
- Encapsulate async strategies like RWA, looping, and carry trade
For curators, this is the part worth pausing on. V2 opens a direct path to amplify the distribution of async strategies via the Spectra ecosystem and third-party interfaces.
- Handle Yield Derivatives (PT/YT) and fixed-term market (LP) tokens
- Compound YT into LP positions
- Calculate NAV across @merkl_xyz rewards, pending YT yield, LP tokens, token emissions, and more, all simultaneously
- Sync NAV with external reporting platforms like @afiprotocol_xyz and other providers
V2 also comes ready for the Spectra Order Book, with native support built in ahead of its official launch.
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