
Feels like T bills with an airdrop on top Base yield on the vault plus ~5.3% streamed in USDC pulls idle USDT0 off CEX and into HyperEVM, driving 97% utilization and forcing borrow costs up across those markets. That creates a de facto funding floor for stable carry and a pressure test for competitors to match or bleed TVL The kicker is the payout mix: rewards in USDC while your principal sits in USDT0 means effortless diversification and compounding without extra clicks, which makes these deposits a lot stickier than the usual promo

