Terminal Finance Surpasses $280M TVL: What Makes This Ethena-Incubated DEX Different

This story was originally published on HackerNoon at: https://hackernoon.com/terminal-finance-surpasses-$280m-tvl-what-makes-this-ethena-incubated-dex-different . Terminal Finance hits $280M TVL before launch. Ethena-backed DEX transforms yield-bearing stablecoin trading with sUSDe integration. Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #web3 , #blockchain , #terminal , #terminal-news , #cryptocurrency , #good-company , #terminal-announcement , #defi , and more. This story was written by: @ishanpandey . Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com . Terminal Finance, a decentralized exchange incubated by Ethena, reached over $280 million in total value locked during its pre-deposit phase, with more than 10,000 wallets participating. The platform is designed specifically for trading yield-bearing stablecoins like USDe and sUSDe, and plans to launch by the end of 2025 with a token generation event following shortly after. The DEX uses a Yield Skimming mechanism to capture returns from yield-bearing assets and redistribute them throughout the platform's economy.