Converge Intern

Intern at @ConvergeOnChain (unofficial). Curious, underpaid, dangerously early. NFA/DYOR.

[Terminal Finance @Terminal_fi]

If you read Ethena’s roadmap, you’ve seen iUSDe

sUSDe, wrapped for TradFi

Token-level restrictions so it can be held in licensed investment structures, giving institutions a way in through traditional rails

Access it on Converge

Trade it on Terminal

[Converge Intern @ConvergeIntern]

Pendle converging...

[Converge @convergeonchain]

Digital finance meets institutional capital.

With @pendle_fi live on Converge, DeFi-native fixed income is already a reality.

Structured yield products, powered by tokenized real-world assets.

Learn more: https://t.co/sEv230W1sZ

[Converge Intern @ConvergeIntern]

10B$ in ~1.5 years.

Boom!

[Stablecoin Intern @Degenerate_DeFi]

bet on the fastest horse 🏇

Ethena’s $USDe hit $10B market cap in just 500 days

$ENA

[Converge Intern @ConvergeIntern]

It’s not TradFi vs DeFi. It’s how they Converge.

[Converge @convergeonchain]

It’s not TradFi vs DeFi. It’s how they Converge.

[Converge Intern @ConvergeIntern]

Converge Intern has been busy cooking but this shook him up!!!

1B$ in Pre-Deposits. Insane metrics.

LFG @convergeonchain.

[Nett0 @nett0eth]

🚨 CONVERGE JUST HIT $1B!
The new financial backbone of the onchain economy has crossed $1B in TVL and it’s just getting started.

Even crazier? It already has 3 pillars with real traction: @EtherealDex, @Terminal_fi & @strata_money.

Why @convergeonchain matters 👇

[Converge Intern @ConvergeIntern]

Higher

So much higher

[G | Ethena @gdog97_]

I remember when Ethena first launched one of the many criticisms was it couldn't scale beyond $1-2b in supply

USDe supply +$1,600,000,000 in 7 days

[Converge @convergeonchain]

In TradFi, borrowing against private funds can be slow and limited.

Onchain?

Investors can collect daily yield from tokenized funds, borrow against them in stablecoins, and loop that capital back into DeFi.

Engineered for composability.

That’s Converge.

Via @Sonnenshein on @CryptoPrimePod

[Converge Intern @ConvergeIntern]

DeFi Trifecta has been coined. Love it.

[Defi Jonaso ❖ @Jonasoeth]

Converge, Terminal and Pendle: The DeFi Trifecta

Welcome to the new era of DeFi, where institutional assets meet on-chain rewards.

Converge, Terminal and Pendle form a powerful trio built for the next generation of capital.

TL;DR

• @convergeonchain is The New Chain for Tradfi and Digital Dollars
• @Terminal_fi is The Liquidity Engine of Converge
• @pendle_fi is The Amplifier

Let's dive in ↓

[Strata @strata_markets]

Strata Season 0 is now LIVE ✨

Pre-deposit USDe and eUSDe at:

https://t.co/TFaINoJAWl

Start earning 30x Strata, 30x @ethena and @EtherealDex Points.

[Converge @convergeonchain]

The world’s largest tokenized RWAs run on @redstone_defi oracles, powering NAV pricing and composability across the Converge ecosystem.

Engineered to serve as a robust infrastructure for institutional-grade assets, Converge delivers programmable compliance, redemption logic, and risk-aware capital flows for institutions.

Learn more in this new interview with @MarcinRedstone 👇 https://t.co/2GVZPSoXxa

[Converge Intern @ConvergeIntern]

👀👀👀

[StablecoinX @stablecoin_x]

TLGY announces that it has reached a definitive agreement to complete a business combination and secured $360 million in commited PIPE financing to form StablecoinX, a stablecoin-focused Ethena treasury company

StablecoinX is expected to be the first pureplay treasury company in the stablecoin vertical and will seek to be listed on Nasdaq under the ticker “USDE"

[Neo Nguyen @Neoo_Nav]

With just a nod, $ENA to Break ATH?

@ethena's $ENA is one trigger away from crushing its ATH, and it’s coming soon. But what's fueling the rise? It's Fee Switch!!!
All 4 of 5 conditions are checked:
✅USDe supply is over $6B, back at ATH
✅Cumulative revenue at $431M, well above the $250M target.
✅Reserve Fund at ~1.16% of total supply, 0.16% above the goal.
✅sUSDe APY is at 10%, putting the spread vs sUSDS over 5%
❌Integrate 3 of the top 5 CEXs by derivatives volume, just 1 CEX away (act now @okx or @binance)
So we're just one move away from $ENA’s wild price surge - Binance/OKX integration. Why it’s likely to happen soon:

🔹The market’s heating up, lifting $ENA alongside DeFi Bluechips as $ETH tops $3.5K. Technical signals are looking strong.
🔹Bull markets drive CEXs to list new assets to seize the momentum. With Ethena's hot streak, is a USDe listing far-fetched? Think about it.
🔹Ethena is at the heart of booming narratives: TradFi x RWA x DeFi.

When this integration hits, the Fee Switch will be activated. This game changer will boost $ENA's core value and draw huge speculative flows as DeFi Bluechips rally.

[Converge Intern @ConvergeIntern]

The ticker is $ENA.

The chain is @convergeonchain.

[Defi Jonaso ❖ @Jonasoeth]

https://t.co/CMXSR4DLHQ

[Converge Intern @ConvergeIntern]

Higher

[Conor Ryder @ConorRyder]

$800m in 3 days

Higher

[Converge Intern @ConvergeIntern]

Just scratching the surface!

[Defi Jonaso ❖ @Jonasoeth]

There are currently 11 blockchains with over $1B in TVL

→ The 12th will be @convergeonchain

Converge's pre-deposit phase has already hit $840M, even before its official launch with 3 native protocols (Ethereal, Terminal, Strata)

→ More detail: https://t.co/BvbupdmXD9

• Ethereal is a USDe-powered app combining perpetuals, spot, lending, and yield in one wallet with $712M TVL

• Terminal is a spot DEX for Converge and yield-bearing assets, built for institutional DeFi with $121M TVL → $75M in USDe, $33M in WETH, and $13M in WBTC

• Strata offers tranches on sUSDe and RWAs via Securitize with pre-deposit phase going live on July 22, focused on onboarding USDe collateral and introducing the Strata Points Program

→ All three support USDe growth and will airdrop to sENA holders

Currently, all funds remain on Ethereum and will be bridged to Converge at launch.

$1B TVL is just a matter of time. The only number I care about is $10B ↓

➢ Most chains → Users deposit just for points, hoping for a future airdrop

➢ Converge → You earn points + real yield from day one

• Stablecoins: Earn over 10% APY
• ETH & BTC: Earn 2–4% APY
• Top Tier Partners: Binance, Bybit, Aave, Morpho, Maple and Pendle
• Diversified dollar product suite: iUSDe, USDe and USDtb

Converge is The Capital Market Layer of the new on-chain economy, designed to onboard Tradfi, RWAs and next-gen stablecoin primitives

[Converge Intern @ConvergeIntern]

Ethena is a team that isn’t replicable in DeFi nor TradFi.

It's the basis trade bro.

Soon on @convergeonchain. Trade it on @Terminal_fi.

[Terminal Finance @Terminal_fi]

sUSDe is a product that isn’t replicable in TradFi

Enabled by crypto primitives to offer native yield, billions will exit the legacy system via @ethena

Terminal is building the marketplace to trade sUSDe with deep liquidity against crypto and institutional assets

[Neo Nguyen @Neoo_Nav]

Ethena is redefining stablecoins, bridging TradFi and DeFi with bold moves.

Expanding products across DeFi protocols, it’s a key platform for liquidity between TradFi and DeFi, building a bluechip crypto future.

Let's see how @ethena is growing 👇

[Converge Intern @ConvergeIntern]

@Neoo_Nav @SherifDefi @gdog97_ @ConorRyder @0xAfif @n2ckchong @Jonasoeth @eli5defi @0xCheeezzyyyy @0xTindorr @doodleresearch @KazumaxCrypto @coinfoin_ @kenodnb @Rightsideonly @Milk_Trudge @thelearningpill @andrewmoh @splinter0n Ethena

That's the tweet.

[Converge Intern @ConvergeIntern]

Points season is heating up in the @convergeonchain ecosystem 👀🔥

[Strata @strata_markets]

Introducing Strata Season 0 ✨

Launching 🗓️ July 22nd 🗓️

Our pre-deposit phase designed to kickstart our platform, onboard USDe collateral, and introduce the Strata Points Program.

Deposit USDe and eUSDe, and start earning Strata, @ethena and @etherealdex Points.

🧵👇