Summary: Jellyverse has dropped a bomb on DeFi investors in the name of jAssets, a place to mint synthetic tokens representative of real-world assets, including stocks, gold, and Tesla shares over the Sei network. With this, DeFi opens up avenues to portfolio diversification while cutting crypto’s volatility, thus allowing 24/7 trading at any moment in time through decentralized means.
The Jellyverse is rewriting the DeFi playbook with jAssets, its new synthetic assets platform. For the first time, users can mint tokens such as jAAPL (Apple) or jGLD (Gold) that track the value of traditional assets. That means you can trade Tesla shares or gold without having to leave the blockchain.
YOU MIGHT ALSO LIKE: DeepSeek AI: What It Is and How It Caused a Market Crash
These synthetic assets are minted by users through the locking of collateral such as wETH, USDT, or even native JLY tokens of Jellyverse. Collateral has been over-collateralized at 110%-150% just to keep things very stable. Powered by the Sei network, an ultra-fast L1 blockchain, the whole operation is low-fee and fast trades.
But it’s not just about holding assets; you can go long, short, or even leverage your positions. Talk about leveling up your portfolio. The platform also uses the Pyth Network to ensure price accuracy in real time, so you’re always trading fair.
YOU MIGHT ALSO LIKE: Ethereum Foundation Offloads More ETH as Prices Dip to $3,000
Jellyverse Co-Founder Benedikt Keck says jAssets isn’t just about new features—it’s about bridging the gap between DeFi and traditional investing. Ready to diversify like never before? Jellyverse has you covered.