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Solana synthetic stablecoin protocol Solstice TVL exceeds 200 million USD
According to Mars Finance, on October 13, the Solana synthetic stablecoin protocol Solstice's TVL surpassed 200 million USD. At the beginning of the month, it launched the yield-bearing synthetic stablecoin USX and the native staking protocol, achieving delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain the peg, and holders can access the YieldVault protocol.