Binance Labs, the venture and incubation arm of Binance, has invested in Astherus, a liquidity hub designed to optimize real yield on decentralized finance (DeFi) platforms. With this new funding, Astherus will combat DeFi inefficiencies by focusing on profitable returns and innovative blockchain infrastructure. This investment is in line with Binance Labs’ support for projects that improve the functionality and accessibility of the DeFi ecosystem.
What’s more, Astherus offers a modular DeFi infrastructure designed to improve asset performance and utility. Its network operates on two main layers: a dApp layer that allows users to access asset capabilities through applications such as stablecoin farming and swap trading, and a DeFi infrastructure layer that aggregates liquidity to support various use cases, including stablecoin protocols and a derivatives clearinghouse.