Earn on tokenized MSTR
Strategy · Stock
As of 23 Oct 2026: up to 0% on Kamino Lend (MSTRx, 0pp interest + 0pp incentives); the median of 1 venues is 0%.
- Best deposit rate
- 0%
- Best LP fee APY
- 226.08%
- Max LTV
- 30%
- Real interest
- —
Kamino Lend
Aero · $724k TVL
from 8.86%
share of deposit yield
Deposit MSTR
Filters
| Stock | Platform | Chain | APY | TVL | Open market |
|---|---|---|---|---|---|
| MSTRMSTR (Crypto.com) · Crypto.com | Crypto.com· Crypto.comCeFiEnded | Crypto.com | was4.00%Split not disclosed. | Open Crypto.com (opens in a new tab) | |
| MSTRMSTRx · xStocks | Kamino Lend· Solana | Solana | 0%0pp interest + 0pp incentives. | Deposit (opens in a new tab) |
2 of 2 · bar = interest ■ vs incentives ■
Provide liquidityFee APY is paid by traders, before impermanent loss; concentrated pools only earn while in range. 2 speculative pairs are hidden here.
| Stock | Pool | Chain | Fee APY | TVL | 24h volume | Open pool |
|---|---|---|---|---|---|---|
USDC / MSTRc0.0167% AeroCL10· Concentrated· Base | Base | 226.08%or $6k/day AERO | TVL $724k | Vol $12.75M17.6× TVL | Deposit (opens in a new tab) | |
MSTRc / ETH0.9% Uniswapv4· Concentrated· Base | Base | 166.76% | TVL $13k | Vol $7k0.5× TVL | Deposit (opens in a new tab) | |
MSTRc / USDC2.88% Uniswapv4· Concentrated· Base | Base | 73.68% | TVL $20k | Vol $1k0.1× TVL | Deposit (opens in a new tab) | |
MSTRx / USDC0.25% RaydiumCLMM· Concentrated· Solana | Solana | 65.97% | TVL $795k | Vol $684k0.9× TVL | Deposit (opens in a new tab) | |
MSTRx / cbBTC0.25% RaydiumCLMM· Concentrated· Solana | Solana | 41.41% | TVL $50k | Vol $27k0.5× TVL | Deposit (opens in a new tab) | |
WSOL / MSTRx0.25% RaydiumCLMM· Concentrated· Solana | Solana | 32.74% | TVL $995k | Vol $425k0.4× TVL | Deposit (opens in a new tab) | |
MSTRc / cbBTC0.05% AeroCL10· Concentrated· Base | Base | 16.76%9.9h of dataor $14/day AERO | TVL $35k | Vol $14klast 9.9h · 0.4× TVL | Deposit (opens in a new tab) |
Borrow against itMax LTV is the liquidation line, not a target: borrowing near it invites liquidation on an ordinary day's move.
| Stock | Platform | Chain | Max LTV | Borrow | Open market |
|---|---|---|---|---|---|
| MSTRMSTRx · xStocks | Kamino Lend· Solana | Solana | 30% | USDC at 8.86% | Borrow (opens in a new tab) |
Which MSTR token?The same share exists as several tokens. They are not interchangeable: each issuer has its own chain, redemption rules and venues.
xStocks
MSTRx · Solana
Crypto.com
MSTR (Crypto.com) · Crypto.com
Before you deposit
Questions about tokenized MSTR
Can you earn yield on tokenized MSTR?
Yes, but very little of it is interest. The highest rate we track is 4.00% on Crypto.com for MSTR (Crypto.com) on Crypto.com, and — of those 4.00 percentage points are token incentives rather than interest paid by borrowers.
Which tokenized MSTR tokens exist?
We track 2 tokenized MSTR tokens: MSTRx from xStocks on Solana; MSTR (Crypto.com) from Crypto.com (Foris Capital) on Crypto.com. They are not interchangeable — each issuer has its own redemption rules and its own venues.
Can you borrow against tokenized MSTR?
Yes. 1 of the venues we track accept a tokenized MSTR as collateral. The highest loan-to-value is 30% on Kamino Lend, and the cheapest loan costs 8.86% a year borrowing USDC on Kamino Lend. Borrowing against a tokenized share adds a liquidation price that holding the share itself does not have, and the oracle keeps quoting a price while the stock exchange is shut.
Platform-specific notes
- Kamino Lend: Isolated lending market. Supply APY depends entirely on borrow demand, which is thin. Oracle prices stocks outside US market hours.
- Crypto.com: Custodial: your stock sits on Crypto.com's balance sheet, not in your wallet, and cannot be withdrawn on-chain. The rate can be amended, suspended or withdrawn at any time without notice.