ChainCatcher news, according to The Block, the team Cega, which focuses on building structured products for the volatile cryptocurrency market, announced today the launch of its "Dual Stream Product," offering up to 22% annual percentage yield (APY) for staked Ethereum (stETH) and ETH holders. This new product provides enhanced returns through options trading.

ChainCatcher news, the derivatives protocol Cega has added support for Arbitrum and launched the "L2 Vault," allowing users to stake USDC, ARB, and OP tokens as a basket of underlying assets in options strategies. Cega was initially launched on Solana in June 2022 and supported Ethereum in March this year.ChainCatcher previously reported that the DeFi derivatives protocol Cega completed a $5 million seed round financing in March, led by Dragonfly Capital. (Source link)