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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 will be widely integrated throughout Gate.io.
The integration will include the following features:
USDe/USDT spot pair.
USDe as rewarding derivatives margin collateral enabling users to earn rewards while trading perpetuals & options.
USDe as an “Earn” product.
Native staking of USDe for sUSDe within the Gate.io platform.
Gate.io users using USDT & USDC to margin derivatives positions presently don’t earn any rewards with the value accruing solely to the issuers. This feature enables Gate.io users to receive up to 45% APR while using USDe throughout Gate.io.
Rewards on USDe greatly enhance the capital efficiency for all Gate.io users. The ability to margin derivatives positions across multiple centralized exchanges, using a single rewarding stable asset, USDe, unlocks many potential trading strategies & ideas.
We believe users earning rewards on stable margin assets will fundamentally reshape trading in the space.
Gate.io users will be able to natively stake their USDe for sUSDe all within the Gate.io platform.
This represents a first in the space enabling users of a centralized exchange to interact directly with DeFi, and to earn on-chain rewards, without having to leave the safety of the Gate.io ecosystem.
Full Gate announcement here
We are excited to share that USDe will be widely integrated throughout Gate.io.
The integration will include the following features:
USDe/USDT spot pair.
USDe as rewarding derivatives margin collateral enabling users to earn rewards while trading perpetuals & options.
USDe as an “Earn” product.
Native staking of USDe for sUSDe within the Gate.io platform.
Gate.io users using USDT & USDC to margin derivatives positions presently don’t earn any rewards with the value accruing solely to the issuers. This feature enables Gate.io users to receive up to 45% APR while using USDe throughout Gate.io.
Rewards on USDe greatly enhance the capital efficiency for all Gate.io users. The ability to margin derivatives positions across multiple centralized exchanges, using a single rewarding stable asset, USDe, unlocks many potential trading strategies & ideas.
We believe users earning rewards on stable margin assets will fundamentally reshape trading in the space.
Gate.io users will be able to natively stake their USDe for sUSDe all within the Gate.io platform.
This represents a first in the space enabling users of a centralized exchange to interact directly with DeFi, and to earn on-chain rewards, without having to leave the safety of the Gate.io ecosystem.
Full Gate announcement here
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