Nonco and Bastion Trading have successfully completed a fixed-floating swap on the Ethereum staking rate using CESR, the composite ether staking rate. This transaction, structured and priced by Bastion Trading, aims to help participants manage risk and transaction costs associated with Ethereum staking yields. The completion of this swap highlights the growing utility of CESR, which was launched in partnership with CoinDesk Indices and continues to attract industry leaders and service providers. CESR is bringing the utility of the $500 trillion interest rate derivative market to crypto.
Nonco completed its first fixed-floating swap on the Ethereum staking rate, using CESR, the composite ether staking rate. Bastion Trading structured and priced the transaction. This transaction aims to help participants to manage risk and transaction costs around Ethereum staking…
Nonco completed its first fixed-floating swap on the Ethereum staking rate, using CESR, the composite ether staking rate. Bastion trading structured and priced the transaction. This transaction aims to help participants to manage risk and transaction costs around Ethereum staking…
Nonco completed its first fixed-floating swap on the Ethereum staking rate, using CESR, the composite ether staking rate. Bastion structured and priced the transaction. This transaction aims to help participants to manage risk and transaction costs around Ethereum staking yields…