• bitcoinBitcoin (BTC) $ 95,914.00
  • ethereumEthereum (ETH) $ 2,625.96
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.39
  • solanaSolana (SOL) $ 198.94
  • bnbBNB (BNB) $ 616.91
  • usd-coinUSDC (USDC) $ 0.999997
  • dogecoinDogecoin (DOGE) $ 0.249507
  • staked-etherLido Staked Ether (STETH) $ 2,624.59
  • cardanoCardano (ADA) $ 0.683418
  • tronTRON (TRX) $ 0.235559
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,872.00
  • chainlinkChainlink (LINK) $ 18.47
  • wrapped-stethWrapped stETH (WSTETH) $ 3,143.34
  • avalanche-2Avalanche (AVAX) $ 24.71
  • stellarStellar (XLM) $ 0.314776
  • the-open-networkToncoin (TON) $ 3.81
  • suiSui (SUI) $ 3.01
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • leo-tokenLEO Token (LEO) $ 9.91
  • hedera-hashgraphHedera (HBAR) $ 0.229922
  • usdsUSDS (USDS) $ 1.00
  • litecoinLitecoin (LTC) $ 106.50
  • bitget-tokenBitget Token (BGB) $ 6.34
  • hyperliquidHyperliquid (HYPE) $ 22.74
  • wethWETH (WETH) $ 2,630.49
  • polkadotPolkadot (DOT) $ 4.74
  • bitcoin-cashBitcoin Cash (BCH) $ 323.68
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • mantra-daoMANTRA (OM) $ 5.80
  • uniswapUniswap (UNI) $ 9.11
  • wrapped-eethWrapped eETH (WEETH) $ 2,780.16
  • ondo-financeOndo (ONDO) $ 1.31
  • moneroMonero (XMR) $ 220.87
  • pepePepe (PEPE) $ 0.000009
  • whitebitWhiteBIT Coin (WBT) $ 27.19
  • nearNEAR Protocol (NEAR) $ 3.20
  • aaveAave (AAVE) $ 241.15
  • daiDai (DAI) $ 0.999930
  • mantleMantle (MNT) $ 1.01
  • aptosAptos (APT) $ 5.85
  • internet-computerInternet Computer (ICP) $ 6.88
  • official-trumpOfficial Trump (TRUMP) $ 16.33
  • susdssUSDS (SUSDS) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 20.09
  • bittensorBittensor (TAO) $ 358.97
  • okbOKB (OKB) $ 47.27
  • gatechain-tokenGate (GT) $ 21.05
  • vechainVeChain (VET) $ 0.032207
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.304061
  • crypto-com-chainCronos (CRO) $ 0.092569
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 95,962.00
  • algorandAlgorand (ALGO) $ 0.273024
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.02
  • kaspaKaspa (KAS) $ 0.086450
  • render-tokenRender (RENDER) $ 4.19
  • jupiter-exchange-solanaJupiter (JUP) $ 0.816483
  • filecoinFilecoin (FIL) $ 3.29
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997195
  • cosmosCosmos Hub (ATOM) $ 4.55
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.749571
  • arbitrumArbitrum (ARB) $ 0.447738
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,937.00
  • fasttokenFasttoken (FTN) $ 3.93
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,626.02
  • binance-staked-solBinance Staked SOL (BNSOL) $ 205.70
  • celestiaCelestia (TIA) $ 3.03
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,715.55
  • ethenaEthena (ENA) $ 0.477970
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,547.00
  • kucoin-sharesKuCoin (KCS) $ 12.08
  • optimismOptimism (OP) $ 1.07
  • xdce-crowd-saleXDC Network (XDC) $ 0.090845
  • immutable-xImmutable (IMX) $ 0.798620
  • raydiumRaydium (RAY) $ 4.75
  • blockstackStacks (STX) $ 0.891888
  • bonkBonk (BONK) $ 0.000017
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,958.12
  • lido-daoLido DAO (LDO) $ 1.48
  • nexoNEXO (NEXO) $ 1.32
  • injective-protocolInjective (INJ) $ 13.43
  • sonic-3Sonic (prev. FTM) (S) $ 0.407187
  • theta-tokenTheta Network (THETA) $ 1.28
  • quant-networkQuant (QNT) $ 86.30
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,771.85
  • the-graphThe Graph (GRT) $ 0.129625
  • movementMovement (MOVE) $ 0.523531
  • flare-networksFlare (FLR) $ 0.020847
  • worldcoin-wldWorldcoin (WLD) $ 1.22
  • usual-usdUsual USD (USD0) $ 0.997155
  • dexeDeXe (DEXE) $ 20.13
  • jasmycoinJasmyCoin (JASMY) $ 0.022116
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 94,800.00
  • msolMarinade Staked SOL (MSOL) $ 251.98
  • sei-networkSei (SEI) $ 0.225223
  • galaGALA (GALA) $ 0.021741
  • the-sandboxThe Sandbox (SAND) $ 0.378567
  • eosEOS (EOS) $ 0.604440
  • tezosTezos (XTZ) $ 0.875663
  • flokiFLOKI (FLOKI) $ 0.000093
  • bittorrentBitTorrent (BTT) $ 0.00000086
  • ultimaUltima (ULTIMA) $ 19,269.91
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.81
  • chain-2Onyxcoin (XCN) $ 0.024544
  • iotaIOTA (IOTA) $ 0.219531
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 215.94
  • makerMaker (MKR) $ 891.05
  • flowFlow (FLOW) $ 0.495748
  • bitcoin-svBitcoin SV (BSV) $ 38.98
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,478.00
  • kaiaKaia (KAIA) $ 0.129511
  • wbnbWrapped BNB (WBNB) $ 616.90
  • neoNEO (NEO) $ 10.52
  • usddUSDD (USDD) $ 1.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.12
  • jito-governance-tokenJito (JTO) $ 2.45
  • tether-goldTether Gold (XAUT) $ 2,863.70
  • pyth-networkPyth Network (PYTH) $ 0.192771
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,718.45
  • dogwifcoindogwifhat (WIF) $ 0.674958
  • roninRonin (RON) $ 1.08
  • axie-infinityAxie Infinity (AXS) $ 4.16
  • curve-dao-tokenCurve DAO (CRV) $ 0.507625
  • fraxFrax (FRAX) $ 0.994283
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.249593
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,772.75
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.998005
  • aerodrome-financeAerodrome Finance (AERO) $ 0.812040
  • elrond-erd-2MultiversX (EGLD) $ 21.99
  • meowMEOW (MEOW) $ 0.006836
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009732
  • starknetStarknet (STRK) $ 0.235610
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,624.89
  • heliumHelium (HNT) $ 3.40
  • pax-goldPAX Gold (PAXG) $ 2,886.93
  • decentralandDecentraland (MANA) $ 0.317057
  • arweaveArweave (AR) $ 9.01
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,636.77
  • paypal-usdPayPal USD (PYUSD) $ 0.999645
  • pumpbtcpumpBTC (PUMPBTC) $ 93,059.00
  • spx6900SPX6900 (SPX) $ 0.596626
  • resolv-usrResolv USR (USR) $ 0.999411
  • matic-networkPolygon (MATIC) $ 0.304875
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,627.04
  • berachain-beraBerachain (BERA) $ 5.07
  • dydx-chaindYdX (DYDX) $ 0.744745
  • chilizChiliz (CHZ) $ 0.057944
  • conflux-tokenConflux (CFX) $ 0.109233
  • telcoinTelcoin (TEL) $ 0.006804
  • beldexBeldex (BDX) $ 0.076779
  • pendlePendle (PENDLE) $ 3.17
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.76
  • ecasheCash (XEC) $ 0.000026
  • beam-2Beam (BEAM) $ 0.009738
  • insurance-2INSURANCE (INSURANCE) $ 27.20
  • zcashZcash (ZEC) $ 32.05
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 95,935.00
  • amp-tokenAmp (AMP) $ 0.006230
  • true-usdTrueUSD (TUSD) $ 0.996494
  • apecoinApeCoin (APE) $ 0.683648
  • kavaKava (KAVA) $ 0.455211
  • coredaoorgCore (CORE) $ 0.522677
  • wormholeWormhole (W) $ 0.169392
  • clbtcclBTC (CLBTC) $ 95,604.00
  • fartcoinFartcoin (FARTCOIN) $ 0.479998
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008575
  • akash-networkAkash Network (AKT) $ 1.91
  • tbtctBTC (TBTC) $ 95,721.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.400059
  • gnosisGnosis (GNO) $ 175.27
  • based-brettBrett (BRETT) $ 0.045218
  • compound-governance-tokenCompound (COMP) $ 50.60
  • chex-tokenCHEX Token (CHEX) $ 0.446284
  • apenftAPENFT (NFT) $ 0.00000044
  • quantixaiQuantixAI (QAI) $ 84.16
  • morphoMorpho (MORPHO) $ 1.99
  • deepDeepBook (DEEP) $ 0.173015
  • thorchainTHORChain (RUNE) $ 1.21
  • mina-protocolMina Protocol (MINA) $ 0.345611
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,598.75
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999549
  • super-oethSuper OETH (SUPEROETHB) $ 2,627.48
  • usdbUSDB (USDB) $ 0.998719
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • olympusOlympus (OHM) $ 24.23
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,864.15
  • zksyncZKsync (ZK) $ 0.106873
  • newton-projectNewton Project (NEW) $ 0.008997
  • eigenlayerEigenlayer (EIGEN) $ 1.66
  • ai16zai16z (AI16Z) $ 0.356827
  • axelarAxelar (AXL) $ 0.424212
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.06
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 34.23
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000068
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,628.25
  • ai-companionsAI Companions (AIC) $ 0.375864
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.885513
  • 1inch1inch (1INCH) $ 0.256346
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 95,614.00
  • echelon-primeEchelon Prime (PRIME) $ 6.49

Jellyverse unveils jAssets Protocol for synthetic assets on Sei

0 7

Jellyverse unveils jAssets Protocol for synthetic assets on Sei

Jellyverse (JLY), a decentralized finance (DeFi) platform on the Sei (SEI) blockchain, has announced the launch of jAssets, a synthetic assets protocol that lets users mint synthetic tokens that mirror the value of traditional real-world assets (RWAs), according to the most recent report shared with Finbold on Tuesday, January 21.

The new addition will allow DeFi investors to diversify beyond standard crypto assets and gain exposure to traditional markets.

Coming in tandem is the launch of the jAssets mainnet on Sei.

T-1 Day until the jAsset Mainnet release!

If you could tokenize any asset as a jAsset, what would it be? Let’s hear your ideas! pic.twitter.com/5oUVtkMqg1

— jellyverse (@jlyvrs) January 20, 2025

jAssets Protocol

With the jAssets protocol, users will be albe to use cryptocurrencies as collateral to issue synthetic assets such as jNVDA (Nvidia), jAAPL (Apple), jTSLA (Tesla), jMETA (Meta), and jMSTR (MicroStrategy).

Benedikt Keck, Co-Founder of BLKSWN PTE. LTD, described the potential of jAssets in regard to diversification within DeFi:

“jAssets will revolutionize portfolio diversification in DeFi by offering a range of innovative investment strategies, including long, short, and leveraged positions, which is unprecedented for these asset classes in crypto. The collateral flexibility allows users to maximize their positions, whether using wETH, wBTC, JLY, SEI, USDC, USDT, FRAX or GEM or a combination of these assets as collateral.”

– Benedikt Keck, Co-Founder of BLKSWN PTE. LTD,

The jAssets system relies on an over-collateralized model, meaning that the collateral value will always exceed that of the issued synthetic tokens.

As of now, supported collateral options include cryptocurrencies like Wrapped Ethereum (wETH), Wrapped Bitcoin (wBTC), Jellyverse , Sei , USD Coin (USDC), Tether (USDT), Frax (FRAX), and Gems (GEM), with multi-collateral troves optimizing capital efficiency.

Minimum collateral ratios range from 110% to 150%, depending on the asset.

Innovations within jAssets Protocol

To ensure price accuracy, jAssets Protocol integrates decentralized Pyth Network (PYTH) oracles and provides real-time synthetic token price feeds.

Accordingly, users on the platform can trade 24/7, avoid the risks of external trading halts, and remain in control of their investments.

Launching on the Sei Network, the fastest Layer-1 (L1) blockchain with parallelized Ethereum (ETH) Virtual Machine (EVM) compatibility, jAssets Protocol can also deliver a low-cost trading experience.

The new protocol thus helps Jellyverse bridge the gap between DeFi and traditional finance (TradFi) and reduce user reliance on cryptocurrency volatility while helping them gain exposure to RWAs.

Source

Leave A Reply

Your email address will not be published.