Tag: Ethena
Ethena (ENA) Price Jumps as Bybit Endorses USDe Token as Collateral for Crypto Derivatives Trading
The protocol's USDe token, often referred to as "synthetic dollar" instead of a stablecoin, is a structured finance product wrapped in a token. It off [...]
USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns
Ethena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, a rolling average over the past seven days, to investors [...]
Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise
Unlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or dollar-equivalents such as U.S. government debt [...]
ENA Rises 15% as Ethena Labs Increases Staking Rewards
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of "season 2," which includes a 50% increase in rewards for s [...]
Ethena (ENA) Soars Amidst Stablecoin Comparisons and Whale Activity – FX Leaders
Ethena (ENA) Soars Amidst Stablecoin Comparisons and Whale Activity FX Leaders
www.fxleaders.com [...]
DeFi Platform Ethena Will Short Bitcoin (BTC) and Ether (ETH) to Issue Synthetic Dollars USDe
On Ethena, users can deposit stablecoins such as tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena’s USDe, which c [...]
The Protocol: Using the Money Printer
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't yo [...]
Ethena Labs’ New ENA Token Rallies Overnight
Bitcoin’s (BTC) steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder k [...]
DeFi Project Ethena Labs’ ENA Token Starts Trading at 64 Cents
The USDe token, which is referred to as a “synthetic dollar,” offers yields to investors by pairing ether liquid staking tokens with short ether (ETH) [...]
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week
The price surge implied that the token could debut with a market cap of over $500 million.
www.coindesk.com [...]
DeFi Protocol Ethena (USDE) Plans to Airdrop Governance Token Next on April 2
Ethena's USDe token, often referred to as "synthetic dollar," offers steady yields to investors by using ether (ETH) liquid staking tokens such as Lid [...]
Layer-2 Blockchain Mantle’s Token MNT Hits All-Time High as Reward System Goes Live
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Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.
www.coindesk.com [...]
DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.
www.coindesk.com [...]
Ether-Based Crypto Dollar Issuer Ethena Raises $14M, Opens Access to Public
Ethena's USDe "synthetic dollar" is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings ve [...]