there is no cult around @elixir, but if there was one, i'd be leading it
Joined April 2011
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Elixir Cultist retweeted
Elixir has worked tirelessly over the previous 48 hours and has successfully processed redemptions of 80% of all deUSD holders thus far (not including Stream).
As it stands now, Stream holds roughly 90% of the deUSD supply (~$75m), while Elixir holds a similar proportion of its remaining backing as a Morpho loan to Stream.
All remaining holders of deUSD and sdeUSD will be able to redeem for a dollar.
To protect the interest of these holders (and remove any risk of Stream liquidating deUSD before repaying their loan), a snapshot has been taken of all remaining deUSD and sdeUSD holder balances, and a claim page will go live later today. These parties will be able to claim USDC.
As a part of this, the mint/redeem infrastructure has been turned off, and we will be sunsetting deUSD in the near future. Any affected LPs in AMM pools or lending markets will be able to claim the full value of their position.
Given that Stream comprised of 99%+ of the lending positions (and has decided to not repay or close positions), we will work with Euler, Morpho, Compound and the curators moving forward to help distribute repayment of the Stream loan to liquidate these positions. We still believe this will be honored 1 for 1.
We will follow up to this post later today with claim page information.
Elixir Cultist retweeted
Elixir expands to Sui with fresh deUSD integrations on @suilendprotocol, @AlphaLendSui, @bluefinapp & @navi_protocol.
Cross-chain stablecoin infrastructure keeps growing.
Elixir is now live on @SuiNetwork
This marks a significant milestone in our mission to provide institution-friendly stable assets on every chain. Powered by @LayerZero_Core
Check out deUSD's new integrations with four of Sui’s premiere DeFi applications ⤵️
Elixir Cultist retweeted
Elixir is now live on @SuiNetwork
This marks a significant milestone in our mission to provide institution-friendly stable assets on every chain. Powered by @LayerZero_Core
Check out deUSD's new integrations with four of Sui’s premiere DeFi applications ⤵️
LayerZero is live on @SuiNetwork, making the sub-second chain accessible to over 600 apps and $80 billion in tokens, including:
▪ @BitGo's WBTC
▪ @elixir's deUSD
▪ @OndoFinance's USDY
Sui is fast, private, secure.
And now connected to all of crypto.
Elixir Cultist retweeted
🚨 Attention Cult
@WisdomTreeFunds ($133B+ in global AUM) is proposing a strategic integration with Elixir, starting with an allocation into their tokenized private credit fund, CRDT.
Intern read through it and got so bullish, had to break it down for the cult🧵
Elixir Cultist retweeted
The Future of Finance is Being Rewritten And @elixir x @Securitize Are At The Frontier🧵
Elixir Cultist retweeted
CM cultist: After talking with my landlord following the market crash, we couldn’t reach a good deal.
But I’ve already moved into another temporary place since then...
Hey @elixirintern , what are you saying? Got room for one more in your basement, bro?
Elixir Cultist retweeted
INSTITUTIONS ARE COMING! WITH @0xPhilip CO-FOUNDER OF @elixir
CO-HOST: @Joseph8996
⌛️TIME STAMP
00:00 Introduction to Elixir and RWA Space
02:53 Transitioning from Order Book to RWA
05:18 Collaborations with Institutions
08:22 Elixir's Role in DeFi and RWA Liquidity
10:59 Expanding into the Korean Market
13:42 Community Engagement and Growth Strategies
16:48 Differentiating Elixir in the RWA Space
20:24 Future Plans for Elixir
23:16 Closing Thoughts and Community Message
💬 WHAT WE DISCUSSED
– Philip’s journey: founding Elixir in New York and evolving the protocol over 3+ years
– Why Elixir pivoted from order-book liquidity infra to the RWA sector
– How DUSD powers atomic liquidity for funds like Hamilton Lane Scope
– Partnerships with leading institutions (Hamilton Lane, Apollo, Fidelity, WisdomTree, Securitize)
– Elixir’s role as a “liquidator” bridging private credit funds and DeFi markets
– Differentiation: deep integration with issuers vs “fake TVL” in other RWA protocols
– The ELX token’s utility: governance, fee capture, and long-term ecosystem alignment
– Korean go-to-market strategy: Telegram channels, community building, and RWA-focused products
– Community growth initiatives: content rewards, potions → ELX, AMAs, and meetups
– Roadmap ahead: DUSD expansion to new chains, leveraged RWA products
Elixir Cultist retweeted
The cult has become addictive for me… and why?
Simply because the vibe here is all about companionship, no drama, just fun.
The @elixir team has truly rewarded the community that puts in effort and shows commitment by spreading the pink along the way.
I was trying to remember everything we’ve received for being in the private TG, but so much time has passed that it’s hard to recall it all.
Here’s what comes to mind right now:
· May 2024 → 58 OMNi (~$1,000)
· Nov 2024 → 10k+ BLUE (~$8,000)
· Mar 2025 Elixir S1 airdrop → 33k+ ELX (~$23,000 at ATH)
· Apr 2025 P.D.S. started → 10k+ ELX received so far
Other perks include:
· Three months of X Premium for cultists
· Various NFT WL challenges, like Steady Teddys and, more recently, Jito Cabal (among others I can’t recall)
Basically, Elixir saved me in 2025, but it doesn’t stop there. The P.D.S. continues and will keep rewarding cultists who spread the word of the cult.
So yes… I’m addicted to the cult, and I’m not ashamed to admit it.
A special thanks to @PharmacyCat for supporting me throughout these years, and also to @georgerhino97 , who along with Cat welcomed me and helped me when I first joined the cult, and to all the cultists I’ve met along the way. 🩷
CM
Elixir Cultist retweeted
As mentioned earlier, Elixir will soon no longer host deUSD conversions for elxETH depositors, and will open a deUSD claim page for these LPs
If you’ve committed to convert to deUSD with elxETH, please do so asap
More info can be found on our blog in the coming days
Elixir Cultist retweeted
real yield loops hit different when the backing ain’t just vibes
let’s print responsibly, anon
Elixir Cultist retweeted
"Sir, this wallet is earning 6%+ APY on $deUSD with zero impermanent loss.”
“Put the whole treasury in."
Elixir Cultist retweeted
August at a Glance: Securitize led the tokenization market for the 6th straight month.
Powered by a fully regulated, institutional-grade stack, Securitize continues to set the benchmark on @RWA_xyz.
That includes:
#1 Tokenized RWA: BUIDL
#1 Private Credit Fund: ACRED
#1 Tokenized Stock: EXOD
Watch the full recap ↓
Elixir Cultist retweeted
A lot went down last month in the Elixir ecosystem, in case you missed a thing or two. No stress, Intern’s got the full recap in one thread 🧵
Elixir Cultist retweeted
REMINDER: $1T fund @hamilton_lane is using both the Elixir network and its deUSD stablecoin!!
Use-case: serve their clients instant mints and redemptions of deUSD to enter and exit defi
more funds in the pipeline...
Elixir is excited to announce that @Hamilton_Lane SCOPE will hold deUSD, at 5% of the fund's total AUM
Elixir's network will enable 24/7 default atomic liquidity for the fund
Elixir Cultist retweeted
We’re not in a bear market right now, but it’s always out there in the back of our minds.
Cycles come and go, that’s crypto. Tokens pump, tokens dump, and the same story repeats every few years.
But RWAs? They will be different.
If next year gets rough, and we slowly enter a bear market again, RWAs won’t just vanish into thin air.
A tokenized treasury is still worth a dollar. A building doesn’t lose its square footage because BTC is red. A solar farm doesn’t stop producing energy because ETH dropped 20%.
That’s the point, the real world doesn’t run on crypto sentiment. Rent still gets paid, interest still accrues, energy still flows. Stables will be stables. Yield will be yield.
And that’s why RWAs matter. In the bull, they’ll scale and attract attention. In the bear, they’ll prove their strength by just existing and delivering. They’re not about hype cycles, they’re about bringing the real economy on-chain.
When the next bear does come, memes and useless projects will bleed. RWAs won’t. And that’s exactly why, In My humble opinion, they’re the future.