Obsidian Protocol

Building USDe³ and stablecoin power derivatives on @EthenaNetwork.

[Obsidian Protocol @ObsidianDEX]

Obsidian Protocol on @EthenaNetwork introduces USDe³: a power derivative of USDe that amplifies price moves with leverage and no liquidation risks. Powered by our novel bonding curve AMM and power derivative protocol for deep liquidity and efficient pricing.

[Obsidian Protocol @ObsidianDEX]

Excited to have submitted our project for the @ethena Hackathon Powered by @encodeclub!

Take closer look at the hackathon here: https://t.co/Sol2ZQUFrf

[Obsidian Protocol @ObsidianDEX]

BTC² is live on our @base local testnet. USDe³ simulations results coming soon.

We’re gearing up for the @ethena hackathon and preparing to fork on @EthenaNetwork next week.

@ConorRyder @MacroMate8 @n2ckchong – could incubation be on the horizon?

[Obsidian Protocol @ObsidianDEX]

@n2ckchong @n2ckchong we're building USDe³ and a power derivatives protocol using USDe on @EthenaNetwork. We would love to chat about it with you and the @ethena team!

[Obsidian Protocol @ObsidianDEX]

8/8 The future of USDe³ and stablecoin derivatives looks bright 🌕

- Launch USDe³/USD, USDe³/USDT, and USDe³/USDC.
- Expand liquidity via DEXs & CEXs.
- DAO-governed liquidity pools.
- Cross-chain markets.
- Integration with RWAs.

[Obsidian Protocol @ObsidianDEX]

1/8 Introducing USDe³, a groundbreaking stablecoin derivative built on the Ethena Network.

With its cubic return profile, USDe³ amplifies small price movements into exponential returns—without the need for traditional leverage.

Let’s dive into how it works 🧵👇

[Obsidian Protocol @ObsidianDEX]

7/8 Why build USDe³ on the Ethena Network?

Its cutting-edge infrastructure will offer:

- Sub-second block times
- Economic security via staking
- Instant finality with zk proofs

Obsidian requried speed, stability, and reliability for USDe³ and our power derivative markets.

[Obsidian Protocol @ObsidianDEX]

stablecoin power derivatives soon on @EthenaNetwork powered by @ethena USDe

[Ethena Ecosystem @Ethena_Eco]

Build with Internet Money

We look to empower the future of DeFi with USDe being a powerful and unique tool for builders to unlock new financial primitives

Introducing Ethena Network👇