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

Ethena-Backed DEX Terminal Finance has successfully garnered an impressive total of $280 million in pre-launch deposits, indicating strong investor confidence and interest in the platform before it officially opens for trading. This substantial amount reflects the growing demand for decentralized finance solutions and underscores the potential impact of Ethena's innovative approach in the cryptocurrency market. As the launch date approaches, stakeholders are keenly anticipating how this new decentralized exchange terminal will operate and what benefits it will offer to users. source: https://www.coindesk.com/business/2025/10/27/ethena-backed-dex-terminal-finance-reaches-usd280m-in-pre-launch-deposits