Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Sky's stUSD vault just hit a nasty bottleneck. One whale is sitting on $62 million out of $93 million in total borrows—paying 28% APR, sure, but here's the kicker: depositors are stuck. Can't pull funds out. Why? The vault's at 100% utilization. Every single dollar is locked up with this one borrower.
So what's the plan? Governance is floating an idea—set up Curve pools where people can bail at a discount. Think 70 to 80 cents on the dollar. Not great, but better than being frozen out entirely. Classic DeFi liquidity crunch playing out in real time.