Tag: Ethena
Ethena Labs Announces Gradual SOL Integration and Expands USDE to Solana
USDE Stablecoin Project Expands to Solana with Support from SOL Even though Ethena Labs had redemptions of over $300 million in less than two weeks, they continued with the Solana…
Ethena Expands USDe Into Aave
The company behind the fourth-largest stablecoin by market capitalization, Ethena Labs, has connected with Aave, the biggest lending platform in the sector, and is working to expand USDe’s presence in…
Within four months of debut, Ethena’s USDe, dubbed the “synthetic dollar,” has crossed $3 billion in supply
Four months after going live for the public in February, Ethena Labs’ USDe stablecoin—dubbed a “synthetic dollar” because it maintains its peg through arbitrage mechanics and yield-returning cash-and-carry trade—has surpassed…
Amid the volatility in the cryptocurrency market on Saturday, USDE and FDUSD saw brief depegs
The stablecoin market is under scrutiny once more after the USDE and FDUSD momentarily dropped below the intended peg. Both Ethena’s USDE and First Digital’s FDUSD dropped below their goal…
Ethena’s USDe Surpasses $2 Billion Supply Milestone in Under Two Months
Ethena’s USDe stablecoin, commonly referred to as an “internet bond” and a “synthetic dollar,” has achieved a significant milestone by surpassing the $2 billion supply mark within a mere seven…
Ethena Labs Boosts USDe with Bitcoin Backing Asset
Ethena Labs has announced the inclusion of bitcoin as a backing asset for its USDe synthetic dollar, aligning with the growing interest in the world’s oldest digital asset among traders….
Ethena’s Governance Token Airdrop Commences Amid Listing on Exchanges
Ethena, the synthetic dollar project, has initiated the claim process for its governance token (ENA) airdrop, dispersing 750 million tokens, constituting 5% of its overall supply of 15 billion, to…
Binance Welcomes Ethena (ENA) as the 50th Launchpool Addition
Binance, renowned as the leading cryptocurrency exchange in terms of trading volume, has introduced Ethena (ENA), a synthetic dollar protocol, as its 50th Launchpool project. This latest addition offers users…