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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ethena-Backed DEX Terminal Finance Reaches $280M in Pre-Launch Deposits 28 October 2025 at 19:01

Ethena-Backed DEX Terminal Finance Reaches $280M in Pre-Launch Deposits

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By:Oliver Knight

28 October 2025 at 19:01

Terminal Finance, a decentralized exchange incubated by Ethena Labs, has attracted $280 million in deposits before launch.