Ethena Ecosystem
@Ethena_Eco
The @Ethena Ecosystem & Community Hub.
Telegram:
39 Following 13.5K Followers
The composition of @Ethena USDe backing today.
Five categories make up the backing, each generating rewards uncorrelated with crypto market cycles: crypto basis trades, DeFi lending, institutional lending, real-world assets, and liquid stablecoins.
Crypto basis trades now make up just 1% of backing.
Show more
Ethena is approaching $750 million in total rewards distributed.
USDe continues to expand its role across DeFi.
@LidoFinance has added USDe to EarnUSD, a curated vault of USD-denominated strategies.
USDe-native prediction markets are now live on Robinhood Chain, via @Meridiandotxyz (formerly Ethereal).
Meridian Predict opens to everyone from day one, no limits or whitelist, settled entirely in USDe.
Show more
The synthetic dollar for @SuiNetwork has a new home.
eSui Dollar (suiUSDe), issued in collaboration with Ethena and Sui Group Holdings (NASDAQ: SUIG) and integrated throughout Sui DeFi, now has a dedicated landing page.
Take a look:
Show more
Over $1 billion across the Ethena markets on @jup_lend and @kamino, within days of launch.
USDe-denominated activity is taking off on @solana.
Digital Dollars for the Internet Economy.
