Recap

Midas in September 2026 Recap

Midas in September 2026 Recap

September was defined by expansion. solmF-ONE launched natively on Solana, and mWIN & mGLOBAL arrived on Avalanche, helping Midas cross $700M in TVL, up $100M in just seven weeks. mTokens can now move between networks through Midas' native bridge, and the launch of mGLOeuro opened Fasanara Capital's strategy to euro-denominated investors. Also, Dan Biton (@bitondan) joined as Head of GTM, ahead of a busy October in Singapore.Here's everything that happened:

I. First €-denominated product: mGLOeuro

mGLOeuro is a euro-denominated product linked to the performance of @FasanaraCapital 's Global Diversified Alternative Debt strategy, the same strategy behind mGLO and mGLOBAL. It is available from day one in a @RockawayX vault on @Morpho, with EURCV from @SG_Forge, Société Générale's digital asset subsidiary.

II. First products on Avalanche: mWIN and mGLOBAL

@avax has become one of the most active networks for institutional onchain finance, with over $2 billion in tokenised assets. Investors can now access mWIN and mGLOBAL directly on the network.

III. First Solana-native product: solmF-ONE

On September 2nd, Midas launched its first product on @Solana: solmF‑ONE, bringing @FasanaraCapital 's private credit strategy onchain, usable in DeFi via @Kamino, @RockawayX' s RWA USDC market, and @SteakhouseFi 's USDG High Yield market.

IV. Midas passed $700M in TVL

Following continued inflows, Midas crossed $700M in TVL just seven weeks after passing $600M in August.

V. The Clearing House: From Cannes to Singapore

Midas' invite-only event series for onchain finance builders began in Cannes and returns for its second edition at @Token2049 Singapore, co-hosted with @ApolloCryptoFM and @RockawayX. We also launched a dedicated website for The Clearing House: tch.midas.app

VI. Dan Biton joins as Head of GTM

After leading go-to-market at Kiln Finance, Dan Biton (@bitondan) joins Midas to lead product distribution.

VII. Midas' Open Liquidity Architecture expands

@fissionxyz and @Symbioticfi's Liquid Lane both added instant, T+0 exits for mWIN, mGLOBAL and mF‑ONE this month.

VIII. Midas Bridge launches

🧮 mTokens can now be bridged directly on the Midas website: no more redeeming and reinvesting to move between chains: midas.app/bridge

IX. New DeFi integrations: KPK, Gearbox, Y10k, Bron Wallet

mF‑ONE and mGLO became usable as collateral across new @kpk_io 's new USDC Yield vault on @morpho, @GearboxProtocol added one-click leverage for mF‑ONE and mGLOBAL, and @Y10kCapital 's AUSD vault added mROX as collateral. mTBILL is now accessible directly through the @bronwallet digital wealth platform.

X. Independent research and coverage

@Vault_St, @CopperHQ, and @LlamaRisk each published independent reviews this month covering mF-ONE and mWIN's structure, custody and collateral risk on @Aave Horizon.

XI. Transparency Snapshots

Regular Top 10 TVL breakdowns were published on September 3rd and 17th: midas.app/transparency

XII. On the road

🇺🇸 Avalanche Summit, New York

🇰🇷 Korea Blockchain Week

🇸🇬 Token2049 Singapore

About Midas

Midas is a platform for composable onchain investment products. It gives investors exposure to institutional strategies, run by professional strategy managers, through its performance-linked mTokens. These tokens offer full transparency, instant redemptions, and native composability across DeFi. To date, Midas has powered over $4B in asset issuance and paid out $48M in yield.

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