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BTC $62,951.27 -0.25%
ETH $1,876.55 +0.02%
BNB $605.53 -0.36%
XRP $1.00 -0.56%
SOL $75.22 -0.64%
TRX $0.3322 -0.43%
DOGE $0.0698 -0.01%
ADA $0.1795 -1.14%
BCH $202.31 -1.72%
LINK $8.91 +1.72%
HYPE $55.71 -3.03%
AAVE $86.48 -0.99%
SUI $0.6775 -0.95%
XLM $0.1595 +0.13%
ZEC $489.76 +0.93%

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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