The post Sumer Money Surpasses $100M TVL Milestone Ahead of Berachain Deployment appeared on BitcoinEthereumNews.com.

After reaching this crucial milestone, Sumer is now making preparations for its deployment on Berachain. One of the most important aspects of this endeavor is the Max Boop campaign, which is a Berachain-specific campaign. The total value locked (TVL) of Sumer Money, a DeFi liquidity infrastructure protocol, has surpassed $100 million milestone. In addition to demonstrating Sumer’s growth as a capital-efficient lending and synthetic asset protocol, this milestone also serves to reinforce its objective to increase the usefulness of Bitcoin within the context of decentralized finance (DeFi). After reaching this crucial milestone, Sumer is now making preparations for its deployment on Berachain, an ecosystem that is expanding at a quick pace and has over $3 billion in TVL deposits. In order to support deeper liquidity and leveraged strategies, Sumer’s growth will concentrate on assets that are Berachain-native. These assets include HONEY, NECT, BERA, and BERA LSTs. One of the most important aspects of this endeavor is the Max Boop campaign, which is a Berachain-specific campaign with the goal of maximizing capital efficiency and creating prospects for sustainable revenue inside the network. Xiaohan Zhu, Co-Founder of Sumer Money stated: “We see a tremendous opportunity to unlock $3 trillion worth of Bitcoin for DeFi, driving increased on-chain activity across blockchains. Surpassing $100M in TVL highlights Sumer’s successful approach to capital efficiency and liquidity optimization. The future of DeFi lies in maximizing cross-chain capital efficiency, and Sumer is committed to building the infrastructure that will make this vision a reality.” The Sumer Money Multiplier, which improves liquidity and capital efficiency across a multichain ecosystem, is a significant driver of Sumer’s development and is one of the most important features. Sumer improves the deployment of capital for assets like as Bitcoin, Ethereum, and stablecoins by integrating essential protocols. These protocols include BTCFi restaking with Pell and deep stable liquidity…

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Filed under: News - @ February 13, 2025 6:21 pm