Matas Cuplinskas
@matascup
Matas Cuplinskas
@matascup
matascup.eth
matascup.eth
New York, United States
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The Problem Traders forfeit yield to stay ready to trade. Wasabi is an onchain leverage app with native yield. We remove the tradeoff between earning yield and trading with leverage by combining both in one venue. Trades settle transparently onchain through AMMs, not market makers, and any token with liquidity can be listed instantly. On most perps, idle margin and collateral earn 0%. To capture yield, traders park funds in lending protocols - then juggle bridges, approvals, and extra wallets. That fragmentation adds gas costs, reaction time, and operational risk. Our analysis of the top 20 Hyperliquid wallets shows 6 wallets (30%) are also actively deposited on Aave/Morpho; those 6 alone drove $5.74B of $325B monthly volume (~1.8%). Many of the remaining “clean” HL-only wallets likely hold yield positions at separate addresses. Even among the heaviest traders, the demand for yield is clear: Yet today it requires leaving the trading venue. The Solution We remove the trade-off between earning and trading by making your capital productive inside the venue: Earn while you trade. Single-asset vaults pay market-driven borrow fees on your collateral: No IL, no lock-ups, 0% deposit fees. APY is transparent and never inflated with points, although users earn those too. AMM-settled perps on Base. Positions open/close on-chain through AMMs (not market makers), with instant, transparent settlement. Any token with onchain liquidity can be listed quickly. One venue, fewer hops. Deposit once on the Base mini-app, trade and earn in place, cut approvals/bridges, and keep reaction time tight. Why now? Perps volume keeps compounding, but trader capital is split across DEXs, lenders, and bridges. Wasabi reunifies that flow: Trade when you want. Earn the rest of the time. All without leaving the chain or the app. Mobile perps are here - the Hyperliquid x Phantom integration shows there’s a clear demand for leverage on mobile. Wasabi’s is building the all-asset leverage trading mini-app inside the everything (Base) app.