January 9, 2023, 12:40PM EST
• 4 min read

Updates on the Squeeth Ecosystem

Quick take

  • Squeeth is a novel crypto native derivative developed by Opyn that tracks the price of ETH squared. 
  • Since its initial mainnet launch, Squeeth has traded ~$500M of cumulative volume.
  • Additional automated vaults built on top of Squeeth are also continuously in development, aiming to attract further sticky liquidity to the protocol.

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