TENET: LSD Ecosystem unlocking liquidity, increasing yields, and providing DeFi utility.
TENET unlocks LSD liquidity with a secure, simple ecosystem featuring diversified PoS, LLSDs, and user-friendly DeFi tools.
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What is Tenet (TENET)?
TENET is a Layer-1 ecosystem designed for Liquid Staking Derivatives (LSDs), aiming to unlock liquidity and enhance yields securely. With LSDs dominating DeFi ($18B), TENET addresses the challenge of extracting their liquidity and utility. It focuses on enhancing DeFi's core pillars: Security through diversified Proof-of-Stake using major network LSDs, making it exceptionally secure; Liquidity via Liquid LSDs (LLSDs) used across the DeFi ecosystem, governed by $veTenet; and Simplicity with Eva, a user-friendly wallet for staking, re-staking, LSD optimization, and AI-powered DeFi assistance. Tenet's ecosystem features native apps like LSDC, a stablecoin backed by decentralized, interest-bearing collateral, and Metadrome, an LSD AMM for deep liquidity on the Tenet network.
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Tenet price live information
As of now, Tenet is trading at 0.000411 USD, with a 24-hour trading volume of approximately 230.19K USD. The TENET to USD price is updated in real time. Over the past 24 hours, Tenet has decreased by 3.04%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 173.13K USD. Currently, there are 421 346 197 TENET in circulation out of a maximum supply of 1 200 000 000 TENET.
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