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BREAKING: Iran has responded to the US' list of "conditions" to reach a peace deal to end the war.
Iran's conditions include:
1. Ending the war on all fronts across the Middle East
2. Lifting of US sanctions on Iran
3. Releasing of all Iranian frozen funds
4. Compensation for war damages
5. Recognition of Iran’s sovereignty over the Strait of Hormuz
The US explicitly lists two of Iran's five conditions as NOT occurring in their "pre-conditions" for a deal.
Following the recent post outlining the backing diversification of USDe, we have published an analysis of the basis trade on gold perpetuals
Tokenized gold and commodity perpetuals are two of the fastest growing markets in the industry today
Gold funding rates offer an uncorrelated source of return and tend to hold or rise when crypto funding compresses
This post explores how commodity basis trades can complement Ethena's overall basis strategy, with research from Ethena Risk Committee members
Read more below: