Tag: USDe
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 [...]
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 [...]
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 [...]
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 [...]
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