Solana synthetic stablecoin protocol Solstice TVL exceeds 200 million USD

ChainCatcher news, Solana synthetic stablecoin protocol Solstice TVL breaks 200 million USD. At the beginning of the month, it launched the yield-bearing synthetic stablecoin USX and a native staking protocol, achieving delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg, allowing holders to access the YieldVault protocol.