Terminal Finance hit $280M in pre-launch deposits. Backed by @ethena_labs Labs, the DEX integrates yield-bearing sUSDe and introduces “yield skimming”: a mechanism to recycle yield into its liquidity pools. With 10,000+ wallets participating pre-launch and a TGE set for Q4, Terminal is emerging as the flagship DEX of the Ethena ecosystem. The unique design to deepen DeFi liquidity around yield-generating stable assets is surely a big point of difference. As Ethena’s sUSDe spreads across DeFi, is Terminal the first blueprint for yield-native DEX infra?
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