DeFi derivatives protocol, Cega Finance, has expanded its structured investments product to Arbitrum's Layer 2 network. The company's "L2" vault allows users to stake USDC stablecoin, with ARB and OP tokens used as a basket of underlying assets in the options strategy.
Cega claims the vault can generate up to 63% estimated APY and 50% downside protection, with a low 5% probability of risk losses on invested principal.
Cega's structured investments feature "crypto asset underlyings," making them less complex than traditional finance options.
The platform has processed over $280 million in trading volume and has no plans to conduct another equity fundraise at the moment.
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