Applications will be built on Converge specifically to enable TradFi to interact onchain with iUSDe, USDe, and Securitize-powered assets
5 protocols have already committed to support on Converge by building and distribute institutional-grade DeFi products on the network:
- Horizon by Aave Labs: Bridging TradFi & DeFi with purpose-built markets for Securitize tokenized assets, including Ethena's institutional iUSDe
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@Pendle_fi Institutional: Rate speculation infrastructure for scalable institutional opportunities like iUSDe
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@MorphoLabs: Modular money markets for Ethena and Securitize assets
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@maplefinance /
@syrupfi: Verifiable on-chain institutional yield and credit products built on and for USDe and RWAs
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@etherealdex: High-performance derivatives and spot trading built for Ethena liquidity with USDe collateral
We're excited to work closely with all these major partners in building cutting-edge products to onboard institutional inflows
For the first time traditional finance and internet finance will co-exist within the same execution environment, together, onchain