Sentora Launches Lending Vault Backed by Wellington's Credit Strategy

Sentora is now curating a Morpho lending vault that accepts a token backed by an actively managed credit portfolio run by Wellington Management, a major asset manager with over $1.3 trillion under management as of December 2025. The token, named mWIN, was issued by Midas on August 5. The vault holds $9.6 million of PayPal's stablecoin, PYUSD, and lends against the mWIN token, which is backed by a bond portfolio managed by Wellington. The vault offers an 8.31% headline yield, with approximately 7.61 percentage points derived from a PYUSD reward stream. This development highlights the ongoing integration of traditional asset management strategies into DeFi protocols, providing new avenues for yield and institutional participation in crypto markets.