Element DAO Launches Hyperdrive AMM on Ethereum Mainnet
Element DAO has launched the Hyperdrive AMM on the Ethereum mainnet, allowing users to trade fixed and floating interest rates. The first release supports stETH and sDAI pools with a 6-month term. Users can also deposit liquidity to earn trading fees and floating interest on idle funds, and engage in reverse trading with other traders on the protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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