FinChain and Plume add a leveraged FUSD yield strategy

FinChain, a crypto-finance platform incubated by Fosun Wealth Holdings, has partnered with Plume to launch FLEX & FINO, according to The News Crypto and Crypto.news. The product is a leveraged yield strategy based on FUSD, the platform’s real-world asset token, and targets annualized returns of up to 7.2%. Both outlets report the same 7.2% APY figure. The News Crypto says the partnership was announced on November 4 and describes the strategy as combining income associated with tokenized assets, while Crypto.news highlights operational and distribution details: a 90% utilization cap and integration with KuCoin. The reports therefore emphasize different aspects of the same launch, with the headline return target serving as their central shared fact. The strategy enters an established on-chain environment rather than operating in isolation. DeFiLlama data places Plume’s total value locked at $223.53 million, down 2.3% over seven days. The platform’s separately reported yield TVL is $117.97 million, down 8.6% over the same period. These figures show that both the broader protocol and its yield-related capital base experienced modest weekly contractions. Broader market conditions were comparatively positive. Total crypto market capitalization stood at $2.76 trillion, the overall market was broadly higher, and Bitcoin rose 3.52% over 24 hours. Sentiment remained cautious, however, with the Fear & Greed Index at 34, corresponding to fear. No specific coin from the tracked list is named in connection with FLEX & FINO, so the available data does not establish a direct asset-level market reaction to the announcement. The launch adds a leveraged FUSD yield offering to Plume’s ecosystem and connects FinChain with an institutional open-finance platform. The points to watch are the strategy’s realized utilization relative to the reported 90% cap, whether it delivers returns near the 7.2% target, and how its TVL and yield TVL develop from the current DeFiLlama readings.