
吴说区块链|Apr 18, 2026 14:27
‘The $12.6 Trillion Repo Market Is Quietly Migrating to Ethereum, and No One Seems to Be Talking About It’ (Author: Eli5DeFi, Translated by AididiaoJP, Foresight News)
The so-called ‘Repo’ refers to the agreement to buy back bonds. Every day, banks, hedge funds, money market funds, and brokers run variations of this transaction to manage liquidity. By April 2026, the total market cap of the crypto market was approximately $2.7 trillion. The daily turnover of the repo market is almost ten times the total market cap of all crypto assets.
As more institutional activities settle on Ethereum and idle institutional liquidity docks into ETH-denominated yield instruments, ETH staking yields (around 3.8% for independent stakers) are becoming the relevant on-chain risk-free rate.
Read the full article: http://(wublock123.com)/articles/repo-market-12-6tn-moving-to-ethereum-unnoticed-58874