Average funding pushing 20% and everyone’s scrambling for “edge”… Meanwhile, xPOSITIONS on @protocol_fx are still sitting at zero funding fees and no interest, just one opening fee, then you sleep easy. Wait until sPOSITIONS go live and the real funding fee farms start. CT hunting for scraps, while FXN just turns market volatility into protocol cashflow. The “edge” isn’t in finding the next perp, it’s owning the protocol that sells shovels.
Ethena Labs
Ethena Labs16.7. klo 16.32
For the first time in 6 months average funding across BTC and ETH has broken above baseline funding at 11% The last period we saw funding sustain above these levels in Q4 last year the supply of USDe increased 2.5x in 6 weeks Data:
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