Lybra Finance launched v2 testnet on Arbitrum Goerli

ChainCatcher news, Lybra Finance has launched the v2 testnet on Arbitrum Goerli, aiming to attract more high-frequency traders and other decentralized finance (DeFi) users.

It is reported that after the v2 upgrade, users can use RocketPool, Binance, and Swell's liquid staking tokens as collateral to mint eUSD, and this version also introduces the accompanying stablecoin peUSD. Lybra's business director 0xP stated that converting eUSD to peUSD is more beneficial for high-frequency trading.
DefiLlama data shows that Lybra's TVL is nearly $400 million, with a 108% increase in July. (Source link)