HastraFi launched the AUTO market on Solana on July 29, 2026 in partnership with Figure and Kamino, marking the first permissionless real-world asset product on the blockchain. The market backed by near-prime US auto loans offers a 9.07% APY with 2.40 million tokens already in circulation. The US auto credit market is worth $1.68 trillion. AUTO tokens are tradable on the Orca protocol and integrated into Kamino’s lending suite. HastraFi also plans to expand AUTO to Ethereum, building on the success of its PRIME product backed by home equity loans which peaked at over $600 million in market size.
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