A rising TVL is one of the best early indicators of product growth. And this new RWA project ( @Terminal_fi ) just crossed $300M in TVL Here's why I'm not surprised at all 👇 While many may not be familiar with the name TerminalFi, just about everyone knows Ethena. Through its unique delta-neutral algorithmic stablecoin USDe, Ethena ushered in a new era in stablecoin farming. It attracted more aggressive farmers who wanted to earn more than the basic 3-4% yield on their stables. But what does TerminalFi have to do with this? Terminal Fi currently offers the best yields on USDe, a whopping 18.6% base APY on the tUSDe pair Pendle. Therefore, it's no surprise to see this rising TVL. Yield farmers are depositing to Terminal Fi to: > Maximize their yield on USDe > Earn point multipliers > Speculate and position themselves for a possible airdrop On this last point, TerminalFi is...
Show original
4.62K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.