CoinOtag
2025-11-29 01:27:06

Terminal Finance Halts DEX Launch Over Converge Delays, Safeguards USDe Deposits

Terminal Finance canceled its decentralized exchange launch due to the Converge blockchain's failure to go live, prioritizing project integrity over rushed deployment despite securing over $280 million in pre-launch deposits, as reported by DefiLlama. Terminal Finance's decision highlights the risks of DeFi projects dependent on unproven blockchain infrastructure. The company gathered significant liquidity through capped [...]

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