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Ethena Labs — //Enabling the Internet Bond_ — Page 3

Deribit USDe Integration

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/USDeETH/USDeUSDe/USDCUSDe/USDT0 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.USDe as a Rewarding AssetDeribit users are able t...

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Bybit Launches: USDtb Listing & USDe Mint/Redeem

USDtb ListingUSDtb, an Ethena ecosystem stablecoin backed by Blackrock’s BUIDL, has been listed on Bybit and will be available as margin collateral within the next week. As of March 6th, Bybit users are able to earn up to 5.00% APR, paid daily by Bybit, for simply holding or utilising USDtb anywhere on Bybit. Bybit represents the first CeFi Exchange to support USDtb and furthers our shared goal of helping to improve users' capital efficiency. Bybit joins Copper, Komainu Custody and Zodia...

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Custodian Attestations of Assets Backing USDe: February

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 eleventh 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. T...

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MEXC USDe Integration

We are excited to share that USDe will be widely integrated throughout MEXC as of Febraury 27th. The integration will include the following features:Spot listings include:USDe/USDTBTC/USDeETH/USDeENA/USDeSOL/USDeXRP/USDe0 trading fees for all USDE and ENA listed pairs.USDe as a rewarding asset for holding it anywhere in your MEXC account.USDe as a Rewarding AssetMEXC users are able to hold USDe anywhere in their account and be eligible for rewards. Rewards will be distributed daily, between 3...

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Ethena and Exchange Risk: Bybit Case Study

SummaryLargest ever hack gave Ethena the chance to demonstrate the benefits of off-exchange custody solutions and validated USDe’s design decisions.Ethena holds zero dollar value of the USDe backing assets directly on exchanges, and was able to fully realize $30m of unrealized profit associated with open Bybit positions to minimize counterparty risk within 90 minutes. The realized profit was then settled without issue in the next Copper ClearLoop settlement cycle.Unrealized profit is periodic...

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Custodian Attestations of Assets Backing USDe: January

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 tenth 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. The ...

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Spark Enables Direct Holdings of up to $1.1bn USDe and sUSDe

Ethena’s USDe and sUSDe were further integrated into Spark’s Liquidity Layer today via enabling direct holding of USDe and sUSDe, up to a total allocation of $1.1 billion in the near term. Onboarding Ethena into the Spark Liquidity Layer will allow Spark to access Ethena rewards directly rather than via lending markets. Spark provides liquidity to some of the largest DeFi platforms in the space such as Aave, Morpho and Base. A direct allocation to sUSDe enables Spark to access sUSDe’s APY, wh...

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Custodian Attestations of Assets Backing USDe: December

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 ninth 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. The ...

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Usual Integrate USDtb and sUSDe

Today Usual, one of the fastest stablecoin issuing protocols, has announced it will be moving to integrate both USDtb and sUSDe as a core part of its business strategy moving forward. Ethena Labs is excited to support Usual as they benefit from integrating the composable and DeFi-first properties of Ethena assets. Usual is the latest billion-dollar protocol to integrate Ethena, with Ethena already playing a key role in Aave, Maker/Sky, Pendle, Morpho, Curve, amongst other projects.Usual x Eth...

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USDtb Launch

Introducing USDtb, a New Stablecoin Product Backed by BlackRock’s BUIDLEthena Labs is excited to announce the public launch of a new stablecoin product, USDtb, which has its reserves invested in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) - in partnership with Securitize, the leader in the tokenization of real-world assets. USDtb shares characteristics with existing fiat stablecoins such as USDC or USDT, utilizing cash or cash-equivalent reserves to back each token 1:1. Users...

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//Enabling the Internet Bond_