Ethena, Securitize join race for Spark’s $1B liquidity with USDtb
Ethena Labs has officially submitted a proposal to include its upcoming stablecoin, USDtb, in Spark’s liquidity competition. Go to Source
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@Ethena_Labs’ USDe Hits $3.65B Supply, Cementing Its Position In DeFi
@Ethena_Labs’ innovative stablecoin, $USDe, has reached a new milestone with a total supply of $3.65 billion, driven by strong demand for its funding rate yield. This growth highlights the increasing confidence in $USDe, as 75% of the coin’s supply is now staked, solidifying its stability. Since its launch, $USDe has consistently maintained its 1:1 peg … Read more
Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval. Go to Source
Ethena Foundation Approves $ENA Fee Switch As Whale Eyes $900K Profit
The Ethena Foundation has announced that the proposal by @wintermute_t to activate a fee switch for $ENA has been approved by the Risk Committee. This marks a significant development for the token, with the Foundation now collaborating with the committee to finalize the parameters for activation by November 30. Details on the precise implementation mechanics … Read more
Ethena adopts fee-sharing proposal for ENA token
Now the protocol is working on a value accrual mechanism for ENA stakers. Go to Source
Anchorage Digital Boosts $ENA Holdings As Ethena Labs Faces Scrutiny And $USDe Gains Momentum
In a significant move, a newly active wallet, 0xc04—associated with Anchorage Digital—made a notable withdrawal of 10.7 million $ENA (worth approximately $3.96 million) from Binance just 8 hours ago. This transaction stands as Anchorage Digital’s largest single $ENA trade to date, positioning $ENA among its top assets. The fresh wallet 0xc04 (linked with Anchorage Digital) … Read more
The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating … Read more
$ENA Sees Strong Accumulation As Smart Traders Dive In, Price Surges 55% In A Week
$ENA has entered the Accumulation Zone according to Smart Dex Traders, signaling a strong buy trend. Over the past seven days, these savvy traders have acquired 1.34 million $ENA tokens, worth around $506,100, at an average price of $0.32. As of now, the price of $ENA has surged to $0.40, reflecting a solid return for … Read more
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said. Go to Source
Ethena domain registrar hacked, Ethena Labs warns users to stay away
The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. Go to Source