ethena's september pt maturity forces $2.45b unwind. if 4.2x leveraged positions cascade we're seeing 50% supply deleveraging. ...

Create long/short leveraged positions directly on the DLEX trading tab. 🆕Ammalgam’s DLEX is a full-featured trading engine that allows users to take leveraged positions directly against the liquidity pools they help supply:🔵 Open directional positions using your vault collateral as margin.🔵 Trading capital continues earning yield while deployed.🔵 Fully flexible: close, rebalance, or hedge anytime.Simple UI.Capital-efficient mechanics. ...