A new @Terminal_fi tUSDe pool was just launched on Pendle with expiry in December
This one also with 60x Terminal Points and 50x Sats
And the first DEX deployment will be before expiry of this pool 👀
Terminal is launching a DEX specifically catering to providing concentrated liquidity for yield-bearing assets, where the yield is abstracted away so users can concentrate the liquidity around the peg without getting yield-induced impermanent loss. One of the most interesting new DEX designs I've read about recently.
This will be a massive unlock to get better liquidity for ALL yield-bearing assets, not only sUSDe.
My guess is that the first DEX deployment will be on @convergeonchain, a chain backed by @ethena_labs and Blackrock's @Securitize.
You have no idea how hard I will be farming this one...
Have a ton of YT tUSDe already, will also definitely farm with stables when DEX is live.
Over $230M tUSDe has been deposited on Pendle by 1,500+ wallets, the highest-yielding USDe market on the platform
As of today, a new @pendle_fi pool for tUSDe expiring in December is live
The first DEX deployment of Terminal is expected before the end of this maturity
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