Add Kasu TVL adapter

[kivanov82]

Name (to be shown on DefiLlama):

Kasu

Twitter Link:

http://x.com/kasuFinance

List of audit links if any:

https://github.com/Kasu-Finance/security/tree/main/audits/Kasu_0xCommit.pdf
https://github.com/Kasu-Finance/security/tree/main/audits/Kasu_ChainSecurity.pdf

Website Link:

https://kasu.finance/

Logo (High resolution, will be shown with rounded borders):

Current TVL:

$5M

Treasury Addresses (if the protocol has treasury)

Chain:

Base, Plume

Short Description (to be shown on DefiLlama):

Kasu is a real-world asset protocol bridging institutional-grade private credit yields to DeFi, enabling lenders to earn sustainable returns from tokenised private debt, invoice finance, and other high-grade credit products. It connects TradFi lenders and DeFi liquidity through a hybrid capital stack with transparent, on-chain yield.

Category (full list at https://defillama.com/categories) *Please choose only one:

RWA Lending

methodology (what is being counted as tvl, how is tvl being calculated):

Counts all assets deposited to Kasu Lending Pools on Base and Plume, and adds the offchain balance deposited b2b

Github org/user (Optional, if your code is open source, we can track activity):

[llamabutler]

The adapter at projects/kasu exports TVL:

base                      4.76 M
plume                     573.47 k

total                    5.33 M 

[waynebruce0x]

• Are your RWA assets redeemable for the underlying or for FIAT / stables of equal value irrespective of liquidity?
• do mint/redeem actions require KYC on your app?
• are the RWA tokens freely transferrable?
• are regular attestation reports published detailing the underlying RWA values?
• are all funds for buying the RWAs sourced on chain?

[waynebruce0x]

can we use api.multiCall() here instead of Promise.all(call()) please

[kivanov82]

done

[llamabutler]

The adapter at projects/kasu exports TVL:

base                      4.75 M
plume                     573.44 k

total                    5.32 M 

[llamabutler]

The adapter at projects/kasu exports TVL:

base                      4.75 M
plume                     573.44 k

total                    5.32 M 

[kivanov82]

• Are your RWA assets redeemable for the underlying or for FIAT / stables of equal value irrespective of liquidity?
• do mint/redeem actions require KYC on your app?
• are the RWA tokens freely transferrable?
• are regular attestation reports published detailing the underlying RWA values?
• are all funds for buying the RWAs sourced on chain?

• RWA assets are redeemable for USDC on Base and pUSD on Plume. There is a clearing period of up to 7 days though
• KYC is required
• RWA tokens are not transferrable outside of ecosystem
• very detailed explanation is provided to the lenders, including risk management, current and historic performance (https://app.kasu.finance/lending)
• most of TVL is routed onchain, but some part is done via b2b offchain