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Terminal Finance: A Questionable New Ethereum Trading Platform with Limited Development Progress
The latest project on Ethereum is Terminal Finance—a trading platform that seems to be another poorly developed venture, similar to Ethereal. Currently, it only has pre-deposits in USDe, ETH, and BTC. They've accumulated a TVL of $41 million and are building on Ethena, with support in place.
A registration link for Terminal Finance is available. It appears to offer some options for ETH and BTC holders, which might be among the few suitable choices for these cryptocurrencies at the moment.
However, the project looks suspicious. While there seems to be development on Ethereum, it resembles a fragile Ethereal, which is unclear when it will launch and is still in testing, with only a testnet available.
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AI Analysis
Terminal Finance enters the Ethereum ecosystem as a new trading platform, but its current stage raises concerns among investors and developers. With only pre-deposits in stable and major cryptocurrenc...
AI Recommendation
In the current state, it is advisable to exercise caution with Terminal Finance, especially given its early development stage and reliance on a testnet environment. Investors should monitor official u...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.