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ETH $1,881.25 -0.15%
BNB $610.72 +0.69%
XRP $1.00 -0.13%
SOL $75.50 -0.02%
TRX $0.3316 -0.16%
DOGE $0.0698 -0.14%
ADA $0.1770 -1.83%
BCH $205.95 +1.09%
LINK $9.58 +7.52%
HYPE $56.97 +1.90%
AAVE $86.77 +0.14%
SUI $0.6818 +0.55%
XLM $0.1591 -0.49%
ZEC $488.39 -0.70%

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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