Ethena Labs, in collaboration with Origami Fi, Morpho Labs, MakerDAO, and 1inch, has launched its first fully automated leverage vaults, offering 5x leverage on sUSDe and USDe. These vaults, powered by Morpho Blue and featuring deep D3M liquidity, enable users to earn between 25 to 100 sats per dollar daily. The initiative is part of a broader ecosystem powered by Synthetix Perps, which facilitates composable onchain leverage for traders across various platforms, including Kwenta.io, PolynomialFi, and others.
weETH collateral on aave pretty much the freest money available rn highest available leverage (20x, vs ~7x for competitor) + uses eth oracle borrow costs structurally guaranteed to be below market (2.4% vs 25% for competitor), because increasing rates will crowd out steth/reth
Synthetix Perps: composable onchain leverage, powering an ecosystem of protocols bringing traders onchain. Base & Optimism: @Kwenta_io @PolynomialFi @infinex_app @rage_trade @dHedgeOrg Optimism only: @TLX_FI Ethereum L1 only: @ethena_labs Soon, many more...
Fully automated @ethena_labs leverage vault Built by @origami_fi, powered by Morpho Blue 5x leverage on sUSDe and ~25-100 sats per $ daily https://t.co/Sku1svfjjF
Fully automated @ethena_labs leverage vault Built by @origami_fi, powered by Morpho Blue 5x leverage on sUSDe and ~25 sats per $ daily https://t.co/Sku1svfjjF
🔸WE ARE OFFICIALLY LIVE🔸 For our first Ethena vaults: 💠 Get 5x leverage on both sUSDe & USDe 💠 Earn 25-100 Sats per $ per day 💠 Deep D3M liquidity via Morpho Blue Powered by @ethena_labs, @MorphoLabs, @MakerDAO & @1inch Fully automated by https://t.co/2cOd9y0xJS https://t.co/kgmL9Kydem