It's been nearly 4 months since Ethena announced that USDe is a core pairing asset on PumpSwap. Ethena founder had pointed out how much potential revenue LPs lost by not using USDe. Pump has $1.25M USDe in TVL and nearly all of it is paired with USDT. Why is no one pairing memes with USDe on pump?
Pump locked almost ~$1b of capital in LP pools paired with memecoins in the last 12 months With average sUSDe APY of 18% last year, that is more than $150m of potential revenue lost without embedding USDe pairs Makes you wonder
Show original
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.