Published in May Updates
Image credit by Lily Georgia
Ishikawa Hinata
Product Lead
June 4, 2025
Multipli Monthly: May Performance Recap
The month of May was exciting! From VIP dinner parties to WBTC yields, read to know all about what went down in May for Multipli.
GMultipli gang! 🫡
It’s been a May-gnificent month indeed! Fueled by the sheer enthusiasm and willpower of our team and the support of our chad community, Multipli cooked up a storm (as did the rest of the crypto space).
If you’re curious, here is what went down -
On the global front:
Bitcoin sets a new ATH: Bitcoin reached a new ATH above $111K last month, beating its previous ATH of $109K set in January 2025.
ETH crossed the $2.5K mark: ETH crossed $2.5K, gaining over 80% from April this year to the joy of all ETH maxis.
The U.S. proposed a bill to support stablecoins: The U.S. proposed a bill, called the GENIUS Act, to create a regulatory framework for stablecoins to increase adoption.
Closer home at Multipli:
We showed up big at Token 2049: Multipli hosted multiple events including an exclusive VIP Liquid Dinner that had over 50 crypto native attendees.
We launched our own validator program: Validators gain access to our API keys to monitor Multipli’s collateral ratio in real-time and they were shortlisted from over 250 applicants.
Season 1 ended on a high note: Multipli achieved some impressive feats in Season 1; we distributed close to 360M ORBs, hit over $94M in TVL and generated ~3.2x higher yield compared to similar products.
Season 2 went live: Season 2 began in May with a goal to reach a TVL of $300M ASAP! And the team will leave no stone unturned this time.
WBTC yields on Multipli: Season 2 kicked off with the banger WBTC going live on Multipli, and our community went crazy over it on CT.
the Multipli Creative: Our official X community, called the Multipli Creative went live in May. It is a place where Multipli users can communicate with one another, exchange tips and engage in discourse regarding Multipli.
Finally, Multipli is now on DeBank: Users can now view our TVL and yield information on DeBank alongside websites like DeFiLlama.
And all this when we’ve just started cooking! 🧑🍳
Conclusion
May was an amazing month for us at Multipli. It was filled with all-nighters, memes and borderline unhealthy caffeine habit. And we are pushing the boundaries further in June, so stay tuned!
If you want to catch us in the act or stay ahead of the rest, follow us on X and join our Discord community for regular updates and alpha.
See you soon. 🫡
Continue Reading