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MegaETH
@megaeth
MegaETH is the real-time blockchain. Where crypto applications leverage extreme performance to reach their full potential.
The first onchain FX carry market: wiTRY-USDM @Featherlend x @Brix, by the numbers: → $1.36M Total Market Size → 90% utilization → wiTRY borrow rates holding above 8%- AI may be the most profitable trade in history. For now, it is also one of the worst-priced. New article:
ArticleThe AI trade is coming onchainIn January 2025, an App Store chart moved over a weekend, and by Monday morning $600 billion had come off one stock. DeepSeek's R1 moment took roughly 17 percent off Nvidia in a single session and... - A first for onchain FX: the Turkish Lira carry trade, now live on Mega. The wiTRY/USDm lending market is live, allowing borrowing USDm against wiTRY collateral. Along with it the EM USDm vault curated by @Featherlend is up and running, accepting USDm deposits.Introducing the first onchain FX carry market: wiTRY-USDM. Starting today, use wiTRY as collateral to borrow USDM through the @Morpho market deployed by @Featherlend, powered by @megaeth. wiTRY is a Turkish Lira yield-bearing coin that enables access to the carry trade. The
