Key Highlights Ether.fi is partnering with Ethena to introduce a native stablecoin, dubbed ether.fi USD, leveraging Ethena’s Whitelabel infrastructure. The new dollar token aims to support over $300 million in existing stablecoin deposits and integrate directly with ether.fi Cash, which has surpassed $1 billion in total spend. Ether.fi follows platforms like Jupiter, MegaETH, and Sui ...
Key Highlights Ethena launched its RWA basis trading expansion on Binance, utilizing bStocks and USDT-denominated perpetuals to target an 11% average yield—nearly double short-term U.S. Treasury returns. The protocol’s basis trade allocation has surged from 1% during the 2024 crypto winter to approximately 20% of $USDe’s yield backing, with Ethena projecting the equity perpetuals market ...
Key Highlights Ethena Protocol will halt all $USDe token incentives and inflation by end of September, marking a full transition to a sustainable yield model. $ENA token price surged to $0.28, leading altcoin gains, as markets reacted to the incentive wind-down and a new Binance partnership. Ethena is expanding its basis trade strategy into tokenized ...
Ethena is expanding the collateral backing for its yield-bearing synthetic dollar, $USDe, into basis trades on equity perpetuals, also known as real-world asset (RWA) tokenization…
Ethena is expanding its funding trade into equity perpetuals as the protocol seeks new sources of returns after the supply of $USDe fell below $5…