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Ethena LabsCustodian Attestations of Assets Backing USDe: November
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our thirteenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol....
Ethena LabsSeason 5 Update
Season 4 HighlightsToday marks the end of Ethena Season 4 and the beginning of Season 5. Season 4 saw meaningful expansion of USDe across major venues. USDe became the fastest dollar asset to reach $10B in supply and continues to grow on the back of deeper integrations and partnerships. USDe’s adoption across DeFi grew significantly. Notably, “Aavependlethena” (where Pendle’s interest rate derivatives on USDe and sUSDe are used as collateral on Aave) grew to $6B+ in scale, reflecting USDe’s e...
Ethena LabsENA Token Launch
The Holy Grail: Internet MoneyApril 1st marks the end of the Ethena Shard Campaign, which ran for a duration of just 6 weeks in total - one of the industry’s shortest pre-token campaigns yet. USDe supply grew to over $1.3bn today. This represents the fastest USD-denominated asset to reach >$1bn supply ever in crypto. Ethena’s USDe supply is now: >1.5x larger than the entire tokenized treasury RWA market >3x larger than the entire onchain ETH open interest for every DEX combined Higher than al...
Ethena LabsCustodian Attestations of Assets Backing USDe: November
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our thirteenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol....
Ethena LabsSeason 5 Update
Season 4 HighlightsToday marks the end of Ethena Season 4 and the beginning of Season 5. Season 4 saw meaningful expansion of USDe across major venues. USDe became the fastest dollar asset to reach $10B in supply and continues to grow on the back of deeper integrations and partnerships. USDe’s adoption across DeFi grew significantly. Notably, “Aavependlethena” (where Pendle’s interest rate derivatives on USDe and sUSDe are used as collateral on Aave) grew to $6B+ in scale, reflecting USDe’s e...
Ethena LabsENA Token Launch
The Holy Grail: Internet MoneyApril 1st marks the end of the Ethena Shard Campaign, which ran for a duration of just 6 weeks in total - one of the industry’s shortest pre-token campaigns yet. USDe supply grew to over $1.3bn today. This represents the fastest USD-denominated asset to reach >$1bn supply ever in crypto. Ethena’s USDe supply is now: >1.5x larger than the entire tokenized treasury RWA market >3x larger than the entire onchain ETH open interest for every DEX combined Higher than al...
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Share Dialog
We are excited to share that USDe has been widely integrated throughout Deribit, the industry’s leading options and derivatives exchange.
The integration includes the following features:
Spot listings include:
BTC/USDe
ETH/USDe
USDe/USDC
USDe/USDT
0 trading fees for all USDe pairs.
USDe as a rewarding asset for holding it anywhere in your Deribit account.
USDe as rewarding derivatives margin collateral with it being a part of the cross-collateral pool.
Deribit users are able to hold USDe anywhere in their account and be eligible for rewards. Rewards will be distributed daily, at 12pm UTC, by Deribit, directly to users’ individual Deribit accounts.
Deribit users will also be able to use USDe as derivatives margin collateral with it being a part of the cross-collateral pool.
With USDe as rewarding derivatives margin collateral, this presents a unique opportunity to provide Deribit clients a collateral asset which can fundamentally reshape capital efficiency for their portfolios compared to existing stablecoins
Full Deribit announcement here.
We are excited to share that USDe has been widely integrated throughout Deribit, the industry’s leading options and derivatives exchange.
The integration includes the following features:
Spot listings include:
BTC/USDe
ETH/USDe
USDe/USDC
USDe/USDT
0 trading fees for all USDe pairs.
USDe as a rewarding asset for holding it anywhere in your Deribit account.
USDe as rewarding derivatives margin collateral with it being a part of the cross-collateral pool.
Deribit users are able to hold USDe anywhere in their account and be eligible for rewards. Rewards will be distributed daily, at 12pm UTC, by Deribit, directly to users’ individual Deribit accounts.
Deribit users will also be able to use USDe as derivatives margin collateral with it being a part of the cross-collateral pool.
With USDe as rewarding derivatives margin collateral, this presents a unique opportunity to provide Deribit clients a collateral asset which can fundamentally reshape capital efficiency for their portfolios compared to existing stablecoins
Full Deribit announcement here.
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