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5h ago

Chainlink Powers $20 Billion In Home Equity And Auto Loans Flowing Into Defi Via Hastra

Hastra (@HastraFi) is expanding its use of @chainlink as official oracle infrastructure, unlocking access to $20 billion in Home Equity Lines of Credit (HELOC) and auto loans for onchain private credit markets.

Hastra is a DeFi liquidity protocol incubated by Figure Technology Solutions, the largest player in blockchain-based private credit with a 70 percent market share. Figure's signature HELOC product, together with its recently added Agora Data auto finance pipeline, is now being routed onchain through the Hastra stack and onto Solana via Kamino Finance.

Chainlink serves as the official oracle across all of Hastra's yield primitives, including PRIME and wYLDS, with Chainlink CCIP handling cross-chain interoperability. Hastra's PRIME market on Kamino, backed by Phantom's CASH stablecoin, has surpassed $350 million in total value locked, making it the leading lending market on Kamino and one of the largest on Solana.

The setup lets regular DeFi users earn yield from real-world loan pools previously reserved for banks and accredited investors.

Chainlink Powers $20 Billion In Home Equity And Auto Loans Flowing Into Defi Via Hastra
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