here’s how
@JupiterExchange enables defi around rwa & collectibles economy:
this week Jupiter launched
@jup_offerbook , a P2P lending market for any onchain asset (stocks, trading cards & memes).
traditional lending protocols require deep liquidity but this limits the assets that can be used for credit. still, there’s demand:
- global digital collectibles and trading card market is valued at over $20 billion
- tokenized equities hover between $1B and $1.2B market size, surged by over 2,900% in recent years.
the market is catching up:
-
@Loopscale is launching
@Collector_Crypt vault
- defi ecosystem around stocks is growing: e.g. protocols like
@SpoutFi
offerbook is essentially a way to ensure any type of asset works for you instead of selling it, even if it might be too niche for traditional lending markets.
while we see a lot of offers for memes, rwa and collectibles are still at the center of it. in 2 days after the launch i’ve seen offers on Tesla & Nvidia stocks, tokenized Gold, Huma’s PST and onRE.
how it works:
for lenders, Offerbook enables fixed-rate lending, at scale. you can fulfill any existing borrow offer or create your own lending offer for the assets you choose.
for borrowers, you can get USDC by locking your pokemon cards, stocks, or other tokens with no liquidation and use them in defi.