Co-founder @Spectra_Finance | prev. @Amazon @Parallel cs @epfl Building products in web3 and decentralised finance.

Joined August 2014
Uly | Spectra retweeted
Spectra is now live on @StellarOrg → app.spectra.finance/stellar Trade PT and YT through an order book from day one. First markets seeded by @GamiLabs, including deJTRSY, the Janus Henderson treasury fund tokenized by @centrifuge. New use cases for the Stellar community ↓
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Great chatting @ward3_ed! Coinbase Tokenized Stocks and what Spectra unlocks for them was a big part of the convo -> fixed-income, neobanks and discount narrative, building on Base, credit markets and how MetaVaults fit into the new onchain economy
🆕 @spectra_finance DeFi Drop 🎙️ Co-founder @Ulydev joins us to discuss: • Fixed-rate markets for tokenized stocks on @base • PTs and YTs for stock-denominated yield • MetaVaults, auto-rollovers, and retail DeFi And more
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Neobanks and money apps can use Spectra Principal Tokens denominated in tokenized stocks as a new way to onboard users. Discounted NVDA, held to maturity, redeemable for more units over time. That's an onboarding hook that didn't exist a month ago, and it can work for @ether_fi, @EthenaPay, @CoinbaseWallet or @revolut. @Ulydev Spectra Co-Founder on where this could go, from his conversation with @portals_fi ↓
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AAPL PT is now a thing on Spectra @base The first Principal and Yield Tokens for Coinbase Tokenized Stocks trade on the protocol: AAPLc, NVDAc, METAc, GOOGLc. This opens up an entire segment of use cases: → Predictable position denominated in e.g NVDAc → Amplified exposure to the floating rate of strategies denominated in stocks → Supplying liquidity and collecting stock fees What this makes buildable: → PT-STOCKc as collateral, and the looping setups that follow from it → Vault operators sourcing PTs for "earn on stocks" programs → Discounted NVDAc or GOOGLc as an onboarding hook (DEX/CEX/neobank) → ETF-like vehicles composed of fixed-term tokenized stock derivatives On the Spectra side: limit orders on stock-denominated yield, and MetaVaults reaching these pools directly, which gives curators an entirely new TVL acquisition path. The core lego bricks are accessible now. A lot left to build, and that's the exciting part
Coinbase Tokenized Stocks now on Spectra @base → app.spectra.finance/stocks Fixed-term markets denominated in AAPLc, NVDAc, and more. Yield trading on tokenized stocks. Available in eligible jurisdictions outside the United States. Details ↓
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Order books are about to change how markets get built on Spectra. First: bootstrapping fixed-term markets no longer depends on the prevailing AMM curve. Resting orders can sit on both sides of the book at rates a market maker is comfortable with. Those resting orders can be placed in a yield-bearing asset, so the asset stays productive while it waits to be filled. Second: the order book arrives on Stellar first, with USDC and EURC markets initially planned to open. EURC supply rates on Stellar have held above 5% through this year, and USDC rates sit above what comparable EVM markets have offered. Stellar sees rapid DeFi growth (from $9M to $215M in 2 years) on its own with users and liquidity that has stayed largely within the network. That makes this the right moment to connect those opportunities with EVM. Curators will be able to reach Stellar yield via a MetaVault deployment on EVM, with built-in order book access. For users wanting direct access to Spectra's opportunities there, we'll share useful information on how to get started. We're building big time. Official rollout coming soon!
Spectra contracts have landed on @StellarOrg, with the core components now deployed on the network. The order book is among them, marking the next chapter for the protocol. The first set of markets is now being set up ahead of the official launch. stellar.expert/explorer/publ…
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Uly | Spectra retweeted
Spectra’s new WETH Yield MetaVault (@ClearstarLabs, on @base): deposit ETH once and it flows across Spectra’s yield pools, auto-rolling at maturity and compounding as it goes. cbETH rewards live now
New MetaVault: WETH Yield curated by @ClearstarLabs An access point to ETH-denominated pools and strategies, deployed on @base. Now with cbETH rewards for participants. Accessible on: app.spectra.finance/metavaul…
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Excited to see Spectra MetaVault and PT architecture reviewed by the @yearnfi risk arm and listed with a "Low Risk" badge, with the same score as Aave's sGHO and Maple's syrupUSDC.
Yearn's risk team released a new tool highlighting dependency risk across different protocols Quick explainer on how to use this new tool
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Uly | Spectra retweeted
New MetaVault: WETH Yield curated by @ClearstarLabs An access point to ETH-denominated pools and strategies, deployed on @base. Now with cbETH rewards for participants. Accessible on: app.spectra.finance/metavaul…
🤖 Made with AI
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Uly | Spectra retweeted
Order Book. This Summer.
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stXRP yield trading is the leading contributor here. The main stXRP pool on Spectra also just crossed $10M in liquidity. Side note: Spectra currently ranks among top protocols by fees paid to @FlareNetworks
Spectra DEX volumes on @FlareNetworks are surging, with the strongest weekend on record.
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Great to see MetaVaults surfacing in externally operated interfaces, opening the Spectra ecosystem to a broader audience Kudos to the @katana team for shipping a dedicated, sleek and clean UI around MVs!
Spectra MetaVaults are now accessible via the Earn initiative of the flagship @Katana App. The first deployment curated by @ClearstarLabs is now featured. Preview performance metrics, composition breakdown, and more.
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The FXRP MetaVault curated by @GamiLabs on @spectra_finance remains the top vault tracked by DefiLlama for XRP in the industry. app.spectra.finance/metavaul…
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Spectra Q1 2026 Ecosystem Report A lot happened in Q1 - here's where we are (1/9)↓
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Monitoring the @Firelightfi cap raise, with >$10M of FXRP converted into stXRP in the first minutes. On Spectra, @GamiLabs routed its MetaVault FXRP liquidity toward stXRP in seconds after the lift. Plus, there's a dedicated Firelight Points multiplier for Spectra YT & LP users
Firelight Cap 2 is live with 65M FXRP capacity, a move many Spectra users on @FlareNetworks have been waiting for. FXRP holders can access stXRP venues on Spectra, with a 2x Firelight Points boost for YT and LP activity. Explore XRPFi Pools & MetaVaults app.spectra.finance
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Uly | Spectra retweeted
The PT looping play on @katana morpho is gaining traction as vbUSDT borrowers are now getting paid to borrow. I've scanned the top loopers leveraging @spectra_finance to see what they're doing and how to get the 3-digit rate. details, ingredients & links ↓
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Uly | Spectra retweeted
Introducing Flare XRP Yield Prime MetaVault for the @FlareNetworks ecosystem, curated by @GamiLabs Get started with FXRP & stXRP → app.spectra.finance/metavaul… Automated and optimized XRP yield, rFLR rewards & more. Explore ↓
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Uly | Spectra retweeted
New looping opportunity! There is a new @spectra_finance fixed yield position available for our @katana USDC vault paying 8% with a 4% borrow cost. The pool has limited liquidity for this trade, so you may be able to outmaneuver the big boys. But you will have to be quick!
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There's always something going on in the Flare<>Spectra XRP universe Even in the current state of the market, it's vibrant and active with hundreds of users trading yield and deploying liquidity
450,000+ fresh stXRP @Firelightfi units deployed on Spectra past 24h
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