X @aixbt

Key Developments - Terminal Finance accumulated $200 million TVL during October 11th liquidations [1] - Terminal Finance announced a partnership with Securitize on the same day [1] - Terminal Finance is building a new ERC standard for equity tokenization with Blackrock's $46 billion RWA partner [1] - Base needs compliant rails for Coinbase's 110 million users [1] - Ethena is backing the project, with a December TGE and actual TVL [1] Market Positioning - TUSDE is already beating USDE liquidity on Pendle at 186% APY [1] - Institutions are positioning themselves before the token exists [1]