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News Explorer — Derivatives Protocol Cega Expands From Solana to Ethereum

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Mar 31, 2:49 pm
Blockworks

Derivatives Protocol Cega Expands From Solana to Ethereum

Exotic derivatives protocol Cega Finance is launching on Ethereum mainnet, offering leveraged options vault (LOV) strategy and a trading firm, Tras Mobian, to create demand for both sides of the market. LOV liquidations work by returning 40% of the initial deposit if the underlying assets drop by over 50%.

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