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Element DAO launches Hyperdrive AMM on the Ethereum mainnet
Golden Finance reported that Element DAO has launched Hyperdrive AMM on the Ethereum mainnet, enabling users to trade fixed and floating interest rates. The initial release supports stETH and sDAI pools with a 6-month term. Users can also deposit liquidity to earn trading fees, floating interest rates on idle funds, and engage in reverse trading with other traders on the protocol.