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Manta Network's new CeDeFi product has seen significant growth, reaching a total value locked (TVL) of $120 million within its first week. This surge includes a remarkable increase of $22 million in just 30 minutes, starting from $60 million. The CeDeFi platform combines yield from DeFi and CeFi trading strategies, traditionally reserved for institutions, and integrates them into the MantaPacific ecosystem. Users are incentivized to stake and earn Manta Points, with a two-month points program in place and a $500 million TVL eligibility cut-off.
āļø $120m TVL on CeDeFi CeDeFi combines yield from DeFi and CeFi trading strategies (traditionally reserved only for institutions) to the #MantaPacific ecosystem. Explore as an early adopter to earn Manta Points on top! Check out CeDeFi: https://t.co/10HEd17yWP https://t.co/hsDprVTw6J
š° @MantaNetwork's new 'CeDeFi' product is taking off! Users have piled $120 million into Manta CeDeFi during its first week in a bid to qualify for the protocol's two-month points program before its $500 million TVL eligibility cut-off š Read More: https://t.co/bNUvcTzzjR
DeFi TVL Surges to $108 Billion with Aave, EtherFi, and Ethereum L2 Ecosystem Leading Growth https://t.co/JOa6yh6hiY
