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Let’s wrap up Ethena native yield integrations with L2s and their respective TVLs: - Manta ($2bil) - Metis ($700m) - Mode ($150m) - Injective ($2bil) There are 3 others in the upcoming days. Each hold substantial nr of stables Ethena at 2 billion TVL is almost assured imo
Really cool to see real yield arriving on alt layers: @OndoFinance on @solana and @SuiNetwork, ETH LSDs on @Blast_L2 and @0xMantle, and now @ethena_labs on @MantaNetwork 🥹 We’ve been waiting for this day long enough 🚜 https://t.co/xDHVLZQgKi
🔱 @Ethena_labs is gearing up to power native yield functionality on #MantaPacific, the largest modular L2, complete with USDe integration. https://t.co/qKBDrzYwPS
Manta Network's Total Value Locked (TVL) has significantly increased from under $30 million in December to $2.1 billion currently, making it a robust capital for the EZswap Protocol. DeFi has partnered with Manta Network, which boasts over $2 billion in TVL and is the fastest-growing L2 chain. Ethena's USDe has grown 3.3 times in 2 weeks, reaching $800 million in TVL. Manta Network is integrating Ethena for native yield functionality, enhancing the competitive yield for its users.