[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![Arthur_0x Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1357451976.png) Arthur [@Arthur_0x](/creator/twitter/Arthur_0x) on x 199.7K followers
Created: 2025-07-25 09:21:49 UTC

Great post from the founder of Ethena on why not all DATs are built the same.

"A sustained inflow at 1x NAV is better than no access at all."


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948675042386321485/c:line.svg)

**Related Topics**
[nav](/topic/nav)

[Post Link](https://x.com/Arthur_0x/status/1948675042386321485)