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BTC $64,263.51 -0.58%
ETH $1,901.64 -0.41%
BNB $592.01 -0.67%
XRP $1.03 -2.61%
SOL $72.56 -2.07%
TRX $0.3268 -0.12%
DOGE $0.0690 -1.44%
ADA $0.2019 +5.91%
BCH $212.93 -0.44%
LINK $8.18 +0.27%
HYPE $55.76 -2.06%
AAVE $89.62 -0.63%
SUI $0.6727 -2.55%
XLM $0.1613 -1.98%
ZEC $502.88 -1.39%

Sumer.money completes Ethena asset integration

2024-07-20 15:00:52

ChainCatcher news, the blockchain liquidity infrastructure project Sumer.money has completed the integration of Ethena assets. Sumer's efficient risk engine allows users to use USDe, sUSDe, and PT-sUSDe as collateral on Ethereum, automatically adapting different collateral rates for borrowing assets with varying correlations and/or generating synthetic assets, maximizing capital efficiency without increasing risk.

Sumer will also power high-performance EVM L1 with its unique Supernova core. This tech stack will contribute to the Cosmos SDK as a future architecture solution for L1 and decentralized L2.

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