Did you know? @Terminal_fi crossed $127M TVL in pre-deposits. Here’s why I decided to put in my $USDe into it… Terminal is building the liquidity layer for institutional DeFi on @convergeonchain (Ethena + Securitize's chain). Think of it as a DEX that aims to trade yield bearing assets + YBS on an institutional scale. @pendle_fi have already contributed 76% of their TVL. Here’s how it makes it interesting👇 $USDe → becomes tUSDe (60x Roots, 50x Sats points) $ETH → becomes tETH (30x Roots, 3x EtherFi points) $BTC → becomes tBTC (15x Roots) It's infra for the TradFi to access DeFi yields compliantly. BlackRock backing through Securitize, Ethena providing the yield layer, Pendle tokenizing the rates. The pieces align well together.