CM
CM|Jun 12, 2026 14:15
The mystery of Coinbase's collaboration with Ethena is revealed: two vaults have been launched on the Coinbase app. The Prime vault is backed by high-consensus assets like BTC and ETH, while the High Yield vault is backed by high-potential yield assets, currently mostly allocated to USDe. Checked the data on Morpho, and on the first day, it brought around $40 million in volume to solana:DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT.
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