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Huge week on Upshift:
- @Neutrl pre-deposit vault filled $50M in 18 minutes
- Announced earnAUSD with @withAUSD coming to @monad
- Crossed $60M on @EmberProtocol_, our Sui vaults platform
Recap below👇
Our founder @aya_kantor spoke to Seed Club at 11AM about the future of finance and the vaultification of DeFi:
Oct 17, 06:29
Vaultification is already one of the fastest growing narratives in DeFi.
It started with money market vaults with simple lending strategies. Two years ago, Ethena tokenized the basis trade and made it composable everywhere.
Now vaults are everywhere and Upshift is working with the best teams in the industry (@withAUSD and @monad announced just this morning) to build institutional-grade "Earn" products making yield simple.
We are convinced that vaults will bring DeFi to the masses.
Fun time chatting with the team at @11AMdotclub today!
Last month, we launched 5 vaults on Sui in partnership with @bluefinapp.
Ember has now crossed $60M TVL in USDC, SUI and more.
Stablecoins, SUI, Monad, basis trades, delta-neutral strategies, synthetic dollars:
Never miss an opportunity in DeFi.
With Upshift.
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