TechFlow reports that on-chain data shows two whale addresses ending in 937Be1 and e088c9 have transferred nearly $100 million worth of ETH and BTC to the Manta Pacific network to participate in Manta's CeDeFi product.
Manta CeDeFi is a real-currency yield product launched by Manta Network. Through Ceffu MirrorX technology, users can gain institutional CeFi yields and funding rate arbitrage returns. Manta CeDeFi unlocks CeFi solutions that are typically only available to exchange VIPs. Current APYs are 5.6% for BTC and ETH (coin-denominated) and 17.5% for USDT and USDC (coin-denominated).
Add to Favorites
Share to Social Media
