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cap

cap

stablecoin protocol with credible financial guarantees
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Cap Investor Update Q3 2025

Publisher
cap
October 08
We're excited to share our Q3 2025 investor update! Over the past quarter, we focused on taking our MVP to market and bootstrapping initial protocol use.
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Frontier Program - Epoch 3

Publisher
cap
October 06
Cap enters its third and final epoch of Frontier. Epoch 3 will begin on October 13th and last until the end of Frontier. The program may last less than the originally-intended 5 month period in the event that certain internal metrics are met.
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How to Utilize stcUSD, PT-stcUSD, and PT-cUSD on Morpho

Publisher
cap
September 22
When used responsibly, leverage is a powerful tool that maximizes yields for users, and it’s all the more effective when the money legos click together so effortlessly. By combining Morpho’s efficient lending markets with Pendle’s yield-tokenization, users can construct looping positions that dramatically amplify returns on stcUSD, PT-stcUSD, and PT-cUSD positions.
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Trade PTs and YTs Directly on the Cap App

Publisher
cap
September 19
Cap has updated our UI to allow users to directly trade Pendle PTs and YTs on the Cap App. Whether you are looking to lock in a fixed term by holding a PT or want to speculate on yield by holding a YT, this integration allows you to do so all without leaving our platform.
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Markets for Cap Assets Now Live on Euler

Publisher
cap
September 15
The more places to leverage, the merrier. We are excited to expand our lending market offerings of Cap assets onto Euler. These new markets will be for cUSD, stcUSD, PT-cUSD and PT-stcUSD as well as include USDC and USDT in those vaults. This integration expands access and liquidity for Cap assets, including new ones that will be available for the first time.
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Introducing Delegator Contribution Rewards

Publisher
cap
September 10
As Cap’s reserve completes its initial bootstrapping phase, we are now kickstarting delegations and borrowing at Cap. For that purpose, Cap will be publicly tracking delegation contributions, much like we are tracking cUSD user behavior. This will serve to identify key delegator partners on both Symbiotic and EigenLayer, as borrowing from Cap begins to come online.
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Cap x Morpho x Gauntlet Team Up To Launch stcUSD and PT-stcUSD Markets

Publisher
cap
September 08
We're excited to announce that Cap has partnered with Gauntlet to launch new markets on Ethereum for stcUSD and PT-stcUSD on Morpho.
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Points Trading and Caps Farming Launches on Pendle

Publisher
cap
September 01
Today we are excited to announce that Cap has been listed on Pendle with a pool for stcUSD, enabling users to have agency over their yield preference. Users will now have the option to opt into fixed yield with Principal Tokens (PT) or floating variable yield plus caps with Yield Tokens (YT). This listing comes in the first week of launch and is emblematic of the reception Cap has received. This will be the first of many Pendle markets listed for Cap.
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RedStone and Cap Increase Efficiency of Stablecoins on Ethereum

Publisher
cap
August 28
It’s been over a week since launch and the progress of Cap has been nothing short of astounding. We have over $70 million in deposits and growing and our mints have happened without a breeze.