Ethena-Incubated DEX Terminal Finance Tops $280M TVL Before Launch
Terminal Finance, a spot decentralized exchange built for trading yield-bearing stablecoins and institutional assets, today announced it has surpassed $280 million in pre-deposit total value locked, ahead of its upcoming launch. The figure reflects the combined capacity of three pre-deposit vaults, which collectively reached their caps of 225 million USDe, 10,000 WETH, and 100 WBTC. The DEX launch is planned for the end of the year, with the TGE expected