Tag
Ethena
12 articles
100M PYUSD Flows to Ethena, Supports USDe Collateral
An anonymous wallet deposited over 100 million PayPal USD to the Ethena protocol, expanding collateral available for USDe synthetic dollar minting.
Binance Hack: Market Makers Report Minimal Exposure; DeFi Protocols Clear
Wintermute and GSR each confirm single-digit exposure to the Binance incident, while Ethena, Lido, and Aave report zero direct collateral risk.
Hayes Unwinds $28.8M in Tokens, Nets $6.65M Profit on ENA and ETH
BitMEX co-founder sold 14 million ENA tokens for $2.73 million in 24-hour liquidation across six assets, realizing gains primarily from Ethereum and Ethena positions.
Ethena's Young: DeFi Consolidates Into Duopolies Across Verticals
Ethena founder Guy Young observed that stablecoins, lending, perpetual futures, and DEXs each have two dominant protocols capturing most market share.
Ethena's Young: RWA Perps Could Eclipse Crypto Futures Volume
Guy Young outlined a $150 trillion on-chain opportunity as tokenized real-world assets challenge crypto-native derivatives for dominance on decentralized exchanges.
Ether.fi Launches USD Stablecoin Backed by Ethena
Ether.fi integrates a new dollar stablecoin into its liquid restaking protocol, targeting $300 million in existing stablecoin deposits and leveraging Ethena's reserve management.
Ethena Whale Moves 67.7M ENA to Binance in Two Days
A dormant wallet transferred 37.7 million ENA tokens to Binance via BitGo, following a 30 million token deposit days earlier, as the holder liquidates roughly 43 percent of its position.
StablecoinX CEO Jensen Takes Helm With 3.03B ENA Tokens, 20% Supply Control
Christopher Jensen, ex-Franklin Templeton digital asset executive, now leads Nasdaq-listed StablecoinX, which holds a dominant stake in Ethena's governance token
RWA Deposits Triple to $7.4B in Q2 as DeFi Contracts 15 Percent
Tokenized assets expand into lending, spot trading and derivatives as broader DeFi activity slows, according to a CoinShares and Token Terminal report.
Ethena Targets 5X Bitcoin Yields Pivoting to Equity Perpetuals
Ethena expands USDe into equity perpetual futures to capture 14-17 percent funding rates as crypto basis trades collapse to 2.2 percent.
RWA Deposits Triple to $7.4B in Q2 as Total DeFi Deposits Fall 15 Percent
A CoinShares and Token Terminal report shows tokenized assets expanding across lending, spot trading and derivatives even as total DeFi deposits contracted.
Arthur Hayes Accumulates 11.74M ENA Ahead of $15.36M Token Unlock
The BitMEX co-founder bought ENA at an average of $0.087 per token, building a position ahead of a scheduled supply event.