Sentora, the institutional DeFi firm born from a merger barely a year old, has crossed $1 billion in total deposits across its vaults on the Morpho lending protocol.

Where the billion dollars lives

Sentora’s deposit base is concentrated in a handful of high-performing vaults, with two products doing most of the heavy lifting. The PayPal USD Main V2 vault holds approximately $299 million, while the Sentora RLUSD Main V2 vault accounts for roughly $215 million.

APYs across Sentora’s vaults have been reported between 4.9% and 7.4%. The deposits are primarily allocated to lending markets collateralized by real-world assets, including cash flows from home equity lines of credit (HELOCs) and various credit instruments.

A year of aggressive product launches