Element DAO Launches Hyperdrive AMM on Ethereum Mainnet

07/04 05:18

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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.

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