TechFlow reports that data shows Manta Network's CeDeFi product has reached a TVL exceeding $10 million within 12 hours of launch.
The CeDeFi product brings institutional VIP yield strategies on-chain, allowing users to stake BTC, ETH, and stablecoin assets via Ethereum, BNB Chain, and Manta Pacific to earn institutional CeFi yields along with funding rate arbitrage returns. Current APYs are 5.6% for BTC and ETH, and 17.5% for USDT and USDC.
In addition, users can accumulate points to receive MANTA token rewards. Rewards are limited to the first $500 million in TVL participating in CeDeFi, with extra point multipliers available for participants who remain staked for over 30 and 60 days.
Add to Favorites
Share to Social Media
