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Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
30.8.2024
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug....
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs launches Solana version of USDe stablecoin
7.8.2024
USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
7.8.2024
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project...
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
6.8.2024
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease...
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR
2.8.2024
The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe
BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan
23.7.2024
Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
12.6.2024
Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
2.6.2024
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers...
BlockDAG leads with 30,000x ROI and expands payment options, surpassing Ethena and Toncoin
2.6.2024
As Toncoin investors seek more stable opportunities and Ethena shows potential for recovery, BlockDAG rises as a formidable leader in the cryptocurrency market. With strategic expansions and diverse investment avenues, BlockDAG promises a platform capable of delivering a 30,000x return...
Ethena Labs boosts USDe token with Bybit integration
8.5.2024
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange. Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...
Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
7.5.2024
As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now.
The post Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena appeared first on Cryptonews
Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
7.5.2024
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks
Best Crypto to Buy Today May 6 – Ethena, Jupiter, Solana
6.5.2024
With major cryptocurrencies choppy on Monday as traders assess the durability of the recent strong rebound from last week’s multi-week/month lows, traders are scouring the altcoin markets for the best crypto to buy today for fast gains.
The post Best Crypto to Buy Today May 6 – Ethena, Jupiter...
Ethena Price Prediction as ENA Closes In On $1 – Is It Time To Buy?
6.5.2024
The Ethena price has rallied by 13% today, reaching $0.9165 as the cryptocurrency market rises by 1% in the past 24 hours.
The post Ethena Price Prediction as ENA Closes In On $1 – Is It Time To Buy? appeared first on Cryptonews
Best Crypto to Buy Today April 30 – Wormhole, Ethena, Cronos
1.5.2024
As Bitcoin (BTC) probes for a break below $60,000 and Ether (ETH) pushes under $3,000, crypto investors are turning to the altcoin market as they hunt for the best crypto to buy today.
The post Best Crypto to Buy Today April 30 – Wormhole, Ethena, Cronos appeared first on Cryptonews
Is the Hype Over for Ethena? ENA Price Falls 35% While This Fresh Bitcoin Venture Starts to Capture Market Interest
24.4.2024
The governance token for synthetic dollar protocol Ethena (ENA) has shed 35% over the last fortnight to trade at $0.919 as of Wednesday, April 24, 2024. That makes for some of the heaviest losses for a top 100 cryptocurrency in the last fortnight. Losses look set to continue, too, as ENA shed about...