There are currently 11 blockchains with over $1B in TVL → The 12th will be @convergeonchain Converge's pre-deposit phase has already hit $840M, even before its official launch with 3 native protocols (Ethereal, Terminal, Strata) → More detail: • Ethereal is a USDe-powered app combining perpetuals, spot, lending, and yield in one wallet with $712M TVL • Terminal is a spot DEX for Converge and yield-bearing assets, built for institutional DeFi with $121M TVL → $75M in USDe, $33M in WETH, and $13M in WBTC • Strata offers tranches on sUSDe and RWAs via Securitize with pre-deposit phase going live on July 22, focused on onboarding USDe collateral and introducing the Strata Points Program → All three support USDe growth and will airdrop to sENA holders Currently, all funds remain on Ethereum and will be bridged to Converge at launch. $1B TVL is just a matter of time. The only number I care about is $10B ↓ ➢ Most chains → Users deposit just for points, hoping for a future airdrop ➢ Converge → You earn points + real yield from day one • Stablecoins: Earn over 10% APY • ETH & BTC: Earn 2–4% APY • Top Tier Partners: Binance, Bybit, Aave, Morpho, Maple and Pendle • Diversified dollar product suite: iUSDe, USDe and USDtb Converge is The Capital Market Layer of the new on-chain economy, designed to onboard Tradfi, RWAs and next-gen stablecoin primitives
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