Officials
@ethena_labs· about 1 month agoEthena x @Aave x @pendle_fi update: - July USDe PT capacity has increased by $50 million - September sUSDe PT has been approved for the coming week https://t.co/i5VtCYNW2o Ethena PTs are in the 8% range while Aave borrow rates are steady at ~2.5-5% across USDtb, USDC and USDT https://t.co/dVS4sskRDg
@ethena_labs· about 2 months agoTerminal is building a liquidity hub for sUSDe and institutional assets Terminal has just launched an early deposit program, accepting USDe, WBTC, & ETH Alongside early deposits, sENA will begin to accrue Terminal rewards for a potential future airdrop https://t.co/1khktdHo1Y
@ethena_labs· about 2 months agoWe're excited to be launching the USDtb Liquidity smart contract in collaboration with @Securitize and BlackRock BUIDL This product makes USDtb the stablecoin liquidity pair for all BUIDL users to atomically swap BUIDL for USDtb instantly onchain 24/7/365 https://t.co/wofa5CyU74
@ethena_labs· 2 months ago🫳🏻 🫳🏻 🫳🏻
@ethena_labs· 2 months ago$ENA has been added to the @coinbase asset roadmap, with the launch of trading to be launched shortly 🔵🔵🔵 https://t.co/P2b94yKcdA
@ethena_labs· 3 months agoEarn up to 18% APY on your crypto dollars starting today via the @ton_blockchain ecosystem and Ethena Ethena-powered savings goes live in major TON Wallets, directly accessible by 1 billion users USDe is live on TON Space by @wallet, @tonkeeper, @mytonwallet_io, & TONHub by @yourholders Hold tsUSDe in Telegram & earn up to 18% APY
@ethena_labs· 3 months agoEthena x Pendle x Aave Since their addition to Aave a month ago, Ethena PTs have grown to over $1 billion in collateralized supply Today July USDe PT, August eUSDe PT, and eUSDe are being added as collateral for Aave at an aggregate market size of ~$700m https://t.co/pkS1xq527v
@ethena_labs· 3 months agoAavethena reloading 👻 ▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 98.0% - USDtb has been listed on Aave - USDe supply cap raised to ~$1 billion, with $500m in capacity - USDe E-Mode enabled up to 90% LTV, while global debt ceiling against USDe has also been removed entirely - sUSDe caps go back to ~$1.5b once filled, $400m current capacity - sUSDe July and eUSDe May PTs caps have been increased to $340m and $550m, respectively, and will grow further - New PT July USDe will be added next week
@ethena_labs· 3 months agoUSDtb has been onboarded to Aave's Core instance By onboarding USDtb, deeper dollar borrow liquidity will be generated in Aave to enable more capital efficient sUSDe looping USDtb represents the first asset majority backed primarily by Blackrock's BUIDL available on Aave Aavethena 👻
@ethena_labs· 3 months agoWe're partnering with @USDT0_to on Hyperliquid in launching a USDT0/USDe Curve pool We expect this to become the primary liquidity pool for Ethena on HyperEVM over time USDT0/USDe LPs will be eligible for 30x Ethena Rewards https://t.co/rCBBS4u9Bm
@ethena_labs· 3 months agoHyperliquid x Ethena is levelling up to sicko mode - HyperBridge goes live for USDe, powered by @LayerZero_Core - Funding reversion to baseline to boost USDe rewards - USDT0/USDe Curve pool on HyperEVM with @USDT0_to - More HyperEVM integrations Details below: https://t.co/2WEB4daMy8
@ethena_labs· 3 months agoPair USDe or sUSDe against @felixprotocol feUSD on @CurveFinance, earning Felix points, 30x Ethena rewards, and sUSDe APY Users will be able to use sUSDe as collateral on Felix Vanilla markets Link to pool: https://t.co/kkraeIppsZ https://t.co/eI0HIsAOFk
@ethena_labs· 3 months agoUSDe is now live on both @HyperliquidX exchange & HyperEVM 🫳🏻 HyperCore users will earn daily rewards auto airdropped on top of their USDe spot exchange balances USDe fills the opportunity for a scalable rewarding dollar asset within the Hyperliquid exchange & ecosystem HYENA 2025 🐕
@ethena_labs· 3 months agosUSDe July PT went live on @aave yesterday with nearly $100 million in supply capacity taken in a few seconds Caps will be raised today on this pool Over $350 million of (s)USDe PTs have already been supplied to Aave as collateral in a few days since launch Aave 🤝 Pendle 🤝 Ethena
@ethena_labs· 3 months agoIntroducing the product for a billion people: Today we announce our partnership with @ton_blockchain to power finance's most powerful use case: To send, save and pay with a globally accessible dollar Internet money, now available for @Telegram's billion users Details below: https://t.co/oFjUvVX1CN
@ethena_labs· 3 months agoStarting today users will be able to supply eUSDe May Pendle PTs to @aave, with sUSDe July PT live shortly Both PTs represent some of the highest fixed rate opportunities in DeFi, also with the deepest liquidity This is the first time billions in PT collateral have access to Aave
@ethena_labs· 4 months agoBringing onchain finance to global markets with Ethena and Securitize assets requires an equally ambitious tech roadmap purpose built for institutions Introducing @convergeonchain's technical overview:
@ethena_labs· 4 months agoNew integration with sUSDe is now accepted as collateral on @re This is the first time crypto-native assets like USDe are connected to the $1T+ reinsurance market which represents an enormous source of non-correlated, real world yield Details below:
@ethena_labs· 4 months agoIntroducing USDe Proof of Reserves with @HarrisTrotter_ , @chaos_labs, @LlamaRisk, and @chainlink as the launch Proof of Reserve Attestors This weekly PoR makes USDe the most transparent dollar asset backed by offchain assets Details below: https://t.co/oyPiVnASBR
@ethena_labs· 4 months agoThe Aave snapshot to add Ethena PT-sUSDe as collateral to the v3 core instance has passed Following the onchain AIP next week, billions of Ethena PT collateral will have access to Aave for the first time 👻 https://t.co/alYT9a9iOy
@ethena_labs· 4 months agoUSDe and sUSDe pairs are live on BNB Chain's largest DEX, @PancakeSwap USDe/USDT and sUSDe/USDe pairs are earning 30x Ethena rewards, CAKE emissions, and fees from trading activity in the pools https://t.co/yJ65joym7U
@ethena_labs· 4 months agoUSDe has officially launched on @bnbchain 🔶 USDe and sUSDe go live on @PancakeSwap, @VenusProtocol, and @pendle_fi BNB deployment Users can swap, lend, and save with Ethena assets on BNB Chain https://t.co/7lNteUrTxs
@ethena_labs· 5 months agoSince its inception, Ethena has been exploring various options and jurisdictions when it comes to regulatory frameworks globally that would be conducive to our business, and as a result we have multiple entities within our structure facilitating minting and redemption. A MiCAR authorization via Ethena GmbH was one of various options we have been pursuing. We were informed today that Ethena GmbH’s application under the MiCAR regulatory framework will not be approved. While we are disappointed by this decision, we will continue to evaluate alternative frameworks. To be clear, the decision will in no way disrupt any current listings of USDe, or minting and redemption via Ethena (BVI) Limited (which services the vast majority of our mint users) and USDe remains fully backed. Contrary to reports, no assets have been "frozen" and all remain available for redemption. We will be revising our Terms accordingly in the coming week.
@ethena_labs· 5 months agoLet the pump into your life USDe is now a core pairing asset on PumpSwap, the new native DEX from @pumpdotfun https://t.co/k8sAo7ZDAD
@ethena_labs· 5 months agoApplications will be built on Converge specifically to enable TradFi to interact onchain with iUSDe, USDe, and Securitize-powered assets 5 protocols have already committed to support on Converge by building and distribute institutional-grade DeFi products on the network: - Horizon by Aave Labs: Bridging TradFi & DeFi with purpose-built markets for Securitize tokenized assets, including Ethena's institutional iUSDe - @Pendle_fi Institutional: Rate speculation infrastructure for scalable institutional opportunities like iUSDe - @MorphoLabs: Modular money markets for Ethena and Securitize assets - @maplefinance / @syrupfi: Verifiable on-chain institutional yield and credit products built on and for USDe and RWAs - @etherealdex: High-performance derivatives and spot trading built for Ethena liquidity with USDe collateral We're excited to work closely with all these major partners in building cutting-edge products to onboard institutional inflows For the first time traditional finance and internet finance will co-exist within the same execution environment, together, onchain
@ethena_labs· 5 months agoWe see two core use cases for blockchains: i) Settlement for permissionless spot and leveraged DeFi speculation ii) Storage and settlement for stablecoins and tokenized assets While the speculation use case has and will continue to play an important role in crypto, we see a less competitive and much larger opportunity to win the second category over the next decade Ethena and Securitize are uniquely positioned to do so, together
@ethena_labs· 5 months agoIntroducing @convergeonchain: The settlement network for traditional finance and digital dollars, powered by @ethena_labs and @Securitize Our vision is to provide the first purpose built settlement layer where TradFi will merge with DeFi, centered on USDe & USDtb and secured by ENA
@ethena_labs· 5 months agoUSDtb, an Ethena ecosystem stablecoin backed by @blackrock BUIDL, has been listed on @Bybit_Official and will be available as margin collateral within a 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 Details below:
@ethena_labs· 6 months agoAnnouncing two new Pendle pools: i) eUSDe with @etherealdex, expiring May 29, earning Ethena Rewards at 50x & Ethereal points ii) USDe, expiring July 31, earning max Ethena Rewards at a NEW max rate of 60x Interactions with Ethena post S3 expiry will be eligible for S4 rewards, with further details on S4 to be provided next month
@ethena_labs· 6 months agoAs part of this collaboration, USDe and sUSDe will be strategically deployed to @Aptos, with a focus on sUSDe first sUSDe will begin to be embedded as a core savings asset for the Aptos ecosystem via integrations with Echelon and Aptos DEX @ThalaLabs
@ethena_labs· 6 months agoAptos looking good here Ethena will be deploying strategically on MoveVM chains, starting with @Aptos to support @echelonmarket, one of Aptos' largest projects From today, sENA will be rewarded a share of 5% of Echelon's token supply https://t.co/eE05IDDyrS
@ethena_labs· 6 months agoEthena and Exchange Risk: Bybit Case Study As the dust settles on the events of last weekend, we wanted to provide an in-depth breakdown of how the protocol handled what many thought would be a “worst case scenario” event for USDe Link in post below: https://t.co/kPSz7tzUdx
@ethena_labs· 6 months agoThe unrealised PNL exposure to Bybit has been reduced to zero
@ethena_labs· 6 months agoAs an update: the $30m of unrealised PNL noted in the prior post has been reduced to $10m and we expect to have zero unrealised PNL exposure to Bybit within the next hour. There are currently $2.0b of liquid stablecoins in USDe backing which can be redeemed immediately if users wish. This can be tracked on our transparency dashboard below: https://t.co/ODHHtfeuhu All USDe redemptions are functioning as normal. Our thoughts are with Bybit and stand ready to help in anyway we can.
@ethena_labs· 6 months agoWe are aware of the situation currently evolving with Bybit and are continuing to monitor developments. As a reminder: all spot assets backing USDe are held in off exchange custody solutions, including ByBit via Copper Clearloop for this precise reason. Not a single dollar of spot backing value is held on any exchange, including Bybit. Currently there is <$30m of aggregate unrealised PNL relating to Bybit hedge positions, which is less than half of the reserve fund. USDe remains more than fully collateralised at this time. We will provide updates as we receive them.
@ethena_labs· 6 months agoIn just a few days @etherealdex has crossed $100m TVL Ethereal will be one of the first onchain exchanges to benefit from Ethena's $6b+ of existing liquidity https://t.co/lf3XaaO4hm
@ethena_labs· 6 months agoExcited for USDe to join @USDT0_to as a day one integration partner on @ton_blockchain powered by @LayerZero_Core OFT
@ethena_labs· 6 months agoResearch piece linked below: an inside look at the largest liquidation event in history, and how Ethena can benefit from these dislocations https://t.co/Ccbg5hiX7J
@ethena_labs· 6 months agoPT iUSDe 🔜™️
@ethena_labs· 6 months agoUSDe and sUSDe are both playing critical roles in emerging DeFi ecosystems Tomorrow, @concretexyz will be launching a USDe vault and sUSDe vault to power Ethena's growth in the @movementlabsxyz ecosystem, capped to $50 million apiece
@ethena_labs· 7 months agoIn addition, the proposal details a $200m DAI allocation towards Pendle's May PT sUSDe market May PT sUSDe positions are currently earning 19.6% fixed APY https://t.co/FbOHwfg2O4
@ethena_labs· 7 months agoWe are excited to share that up to $1.1bn of direct allocation of USDe and sUSDe has been approved for integration into the @sparkdotfi Liquidity Layer Details below on the partnership 👇🏻 https://t.co/6pVzFhcCC3
@ethena_labs· 8 months agoBeramas is here! Ethena’s incentivized @berachain pre-deposit vaults are now live, accepting USDe, sUSDe, and also USDC/USDT More details below 👇🏻 https://t.co/YnDQwGSbOK
@ethena_labs· 8 months agoThere is no need to be upset https://t.co/LWUi2zB0N1
@ethena_labs· 8 months agoEthena has entered into a strategic partnership with @worldlibertyfi A governance proposal has been submitted to add sUSDe to WLFI's upcoming Aave instance as a core collateral asset https://t.co/jgjd8QGWDS
@ethena_labs· 8 months agoAs part of this partnership, Usual will also launch an sUSDe vault for USD0++ holders, allowing Usual users to gain exposure to sUSDe APY and Ethena rewards alongside additional USUAL rewards USD0 is the latest scaled decentralized stablecoin of many to leverage Ethena powered assets
@ethena_labs· 8 months agoExcited to announce @usualmoney is migrating to USDtb as collateral for their stablecoin USD0 This is the latest of many cutting-edge stablecoin protocols leveraging the composable benefits of Ethena's product set Details below 👇 https://t.co/Utuw93UV5l
@ethena_labs· 8 months agoToday we are launching our new stablecoin product, USDtb, backed by @BlackRock's BUIDL Fund in partnership with @Securitize Read below for full details👇 https://t.co/mSf3mWv3oF
@ethena_labs· 8 months ago16.12.2024 https://t.co/zmRQyCFfy9
@ethena_labs· 8 months ago10 months old $5b dollars 27% APY 1 dream 0 doubt Ethena https://t.co/HymWwbjWrn
@ethena_labs· 8 months ago$DRV launching 15.01.25 5% of supply will be allocated to $sENA stakers
@ethena_labs· 8 months agoGood morning my little leveraged speculators https://t.co/wDNdLn7pia
@ethena_labs· 9 months ago$4,000,000,000 25% APY Just use Ethena https://t.co/aIfyhQBcMB
@ethena_labs· 9 months agoWe are excited to announce the upcoming integration of USDe as rewarding margin collateral on @DeribitExchange All Deribit users will be able to earn rewards for holding USDe, while being able to use it as derivatives margin collateral in cross collateral pool https://t.co/vcqquXYQNi
@ethena_labs· 9 months agoWe have been informed that some of you have added to your leverage https://t.co/iXca8BSBWY
@ethena_labs· 9 months agoA governance proposal has been submitted by @wintermute governance to enable a fee switch for $ENA Jump into the forum linked below to discuss 👇🏻
@ethena_labs· 9 months agoGet in loser, it's time for the DeFi Renaissance https://t.co/O0z2J8kaQj
@ethena_labs· 10 months agoTrade perpetuals onchain using USDe 👇
@ethena_labs· 10 months agoA proposal has been posted to Ethena Governance on an integration of Ethena's liquidity and hedging engine into @HyperliquidX, alongside the addition of $USDe within the L1 upon launch of EVM mainnet Join in the discussion via the link the following tweet:
@ethena_labs· 10 months agoWe are pleased to announce the winners of the Reserve Fund RWA Allocation After 25 submissions, the Risk Committee decided on 4 assets that stood out across a wide range of criteria: • BUIDL (Blackrock/Securitize) • USDS (Sky) • USTB (Superstate) • USDM (Mountain) https://t.co/NHyqrICvZZ
@ethena_labs· 11 months agoA new proposal was made on Ethena governance a few hours ago Ethereal Exchange is requesting the community approval to launch a new spot and perpetual exchange built on USDe and integrated into the Ethena hedging engine and liquidity Their proposal includes a 15% commitment of any potential Ethereal token to circulating $ENA holders A snapshot will be released shortly for voting Jump in to the governance forum to discuss 👇 https://t.co/M4GmDViiSz
@ethena_labs· 11 months agoWe are excited to announce Ethena's newest product offering: UStb UStb will be fully backed by @Blackrock BUIDL in partnership with @Securitize, enabling a separate fiat stablecoin product alongside USDe Details below on why this is important: https://t.co/jOIoMef7W3
@ethena_labs· 11 months agoEthena's LRT $eUSD in partnership with @eigenlayer is now live 💥 This is the first and only current USD asset enabled within @eigenlayer Users can deposit a number of different stablecoins in return for $eUSD via @EtherFi here: https://t.co/pBBfe9UJMX More details on points allocation below:
@ethena_labs· 11 months agoWe've worked with the registrar to regain control of our domain and had the phishing domains blocked across various services to protect our users. To reiterate, the protocol is not affected and funds are secure. ethena[.]fi remains the only official domain and we will reinstate the frontend site once we have fully investigated over the next few hours.
@ethena_labs· 11 months agoThe Ethena domain registrar account was recently compromised and we have taken steps to deactivate the site until further notice. The protocol is unaffected and funds are safe. Please do not interact with any site or application purporting to be the Ethena frontend.
@ethena_labs· 11 months agoWe are excited to announce the @Bybit_Official USDe rewards campaign has been extended. Bybit users can now earn up to 10% APR for just holding USDe in their Bybit accounts, or trading derivatives with USDe collateral. https://t.co/F8Qr3riTv5
@ethena_labs· 11 months agoWe are excited to share that Ethena has partnered with @eigenlayer and @ether_fi to introduce $USDe as the first dollar denominated token that can be used as security within its generalized shared security platform More details below: https://t.co/2pONu4ptr7
@ethena_labs· 11 months agoSeason 2 & 3 Blog Post https://t.co/B8d2TSsW0I
@ethena_labs· 12 months agoEthena is at KBW this week and speaking at a number of events 🔈 Catch the schedule below, including the Ethena Roadmap Day today with talks from industry leaders and their roadmap plans: @RuneKek - @SkyEcosystem @StaniKulechov - @aave @PrimordialAA - @LayerZero_Labs @pendle_fi https://t.co/iO3vOIzYTJ
@ethena_labs· about 1 year agoAugust 7th marks Ethena's Solana integration: - USDe deployed on Solana thanks to @LayerZero_Labs OFT - SOL onboarded as a backing asset for USDe, subject to governance - Solana Sats Campaign
@ethena_labs· about 1 year agoUSDe is live on Solana as of today, August 7th Read below for a list of our app integrations with USDe and sUSDe 👇 https://t.co/vik1qESbN5
@ethena_labs· about 1 year agoIntroducing USDe as reward bearing stable margin collateral with @Bybit_Official: As of August 2nd, all Bybit users will be able to earn up to 20% APR, paid daily, for simply holding USDe, or trading derivatives with USDe collateral, in your Bybit accounts Details below: https://t.co/BhGGTFTHlR
@ethena_labs· about 1 year agoIntroducing the Ethena reward-bearing asset proposals, with entities pitching for an allocation from Ethena's liquid cash backing One of the early applications is from Securitize, the distributors of @BlackRock's BUIDL, for an allocation from Ethena's Reserve Fund Details below https://t.co/YZIhWqBEQE
@ethena_labs· about 1 year agoNew @pendle_fi pools with increased caps and the highest USDe multipliers to date for October maturities The PT sUSDe pool will be eligible collateral within the @sparkdotfi and @MorphoLabs innovative new market where users can borrow against fixed rate collateral next week
@ethena_labs· about 1 year agoWe’re aware of a malicious link being posted in the Ethena discord from a compromised mod account. The post and the mod have been removed from the server and the issue is now resolved. Please exercise caution and refrain from clicking on suspicious links.
@ethena_labs· about 1 year agoThe @lyrafinance team are cooking up a whole suite of innovative structured products built on sUSDe The first is a leveraged upside ETH product: https://t.co/J0ReZgpnql
@ethena_labs· about 1 year agoExcited to share one of the most important USDe integrations to date More than 25m users at @bitgetglobal can now enjoy: - USDe as margin collateral for coin-m margined perps & futures - Zero fee spot trading on the USDe/USDT pair - USDe in the earn section https://t.co/iPCcBS0vVt
@ethena_labs· about 1 year agoHave a great weekend https://t.co/VXSRPF108X
@ethena_labs· about 1 year agoExcited to share one of the most important DeFi integrations for USDe adoption to date 👻 @ethena_labs x @aave 👻 Read below for details on the partnership 🤝 https://t.co/CArLzNRPZz
@ethena_labs· about 1 year agoToday is the day USDe is now live and integrated on @Bybit_Official 💥 More than 20m users at @Bybit_Official can now enjoy: -Zero fee spot trading with USDe on BTC, ETH and SOL pairs, -USDe on UTA derivatives trading, as well as -USDe integrations in the earn section
@ethena_labs· about 1 year agoThe @ethena_labs x @bounce_bit partnership is a significant unlock for providing real yield on >$1tn of BTC collateral There is significant unserved demand for generating yield on BTC And only one way to do it at billion dollar scale... Ethena https://t.co/zc9ZKH9lla
@ethena_labs· about 1 year ago3 months 2 tokens 1 dream 0 doubts $3,000,000,000 Ethena https://t.co/y5E9x8utty
@ethena_labs· about 1 year agoSingle sided deposits of USDe will also be available on @particle_trade where users can receive 20x sats on their positions in addition to Blast Gold https://t.co/ekkuQQcrzB https://t.co/PGSA4Evsgn
@ethena_labs· about 1 year agoAs of today Ethena will be live on @Blast_L2 the L2 with native yield 💥 Read below for a list of our app integrations with USDe 🧵 https://t.co/vdAHBASsjZ
@ethena_labs· about 1 year agoSeason 2 Updates Linked Below 👇 https://t.co/qrwXbJDpjb
@ethena_labs· about 1 year ago$ENA is now available on @revolutapp ✨ Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀 https://t.co/BhB4SRIfWd https://t.co/cVd6f1Pfpr
@ethena_labs· about 1 year agoOne of the most comprehensive deep dives on @ethena_labs from the research team at @Delphi_Digital which covers the unique design, economics and detailed risks of USDe 📚
@ethena_labs· about 1 year agoTo date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract As a result sUSDe APY = 37.2% https://t.co/lAMiFeCHMt
@ethena_labs· over 1 year agoEthena 2024 Roadmap: The Holy Grail: Internet Money https://t.co/zEDmaQ8FXY
@ethena_labs· over 1 year agoExcited to share one of the most important developments for USDe adoption to date USDe will be integrated into @Bybit_Official: i) Collateral to trade perpetuals while potentially capturing yield ii) BTC and ETH spot pairs with zero trading fees iii) Within the Earn platform https://t.co/zDDO2WdeNf
@ethena_labs· over 1 year agoWe have also released our first custody attestation today in an effort to continue increasing the transparency of the Ethena protocol This includes verification that the backing assets are held within custody solutions they provide https://t.co/N7wk8w3MR4
@ethena_labs· over 1 year agoExcited to release two new updates for $ENA Users can now deposit $ENA into @pendle_fi and receive 30x rewards per day up to an initial $100m cap In addition, with the $ENA lock now almost filled at $200m, the cap on this pool has been increased to $300m with immediate effect https://t.co/UDbvmfEGmU
@ethena_labs· over 1 year agoToday we introduce $ENA into Season 2 in order to more closely align the growth in USDe with $ENA Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive i) 50% increase in their rewards ii) the highest number of rewards per day of any pool https://t.co/zxVmpGZSN6
@ethena_labs· over 1 year agoExcited to share the approval of FRAX's singularity roadmap proposal, which includes an allocation towards a USDeFRAX POL via the Curve AMO with a $250m USDe ceiling https://t.co/eM9T4Cjm22
@ethena_labs· over 1 year agoThere is no need to be upset https://t.co/C2KkDqjWnG
@ethena_labs· over 1 year agoExcited to announce that Ethena has onboarded BTC as a backing asset to USDeThis is a crucial unlock which will enable USDe to scale significantly from the current $2bn supply https://t.co/FOZRWBrVZV
@ethena_labs· over 1 year agoThrilled to announce the launch of the Ethena bug bounty program, in partnership with @immunefiFind a critical bug in Ethena's smart contracts and get a reward of 10% of the funds directly affected, up to a maximum of USD $3mVisit https://t.co/shJgXV2pOt full details
@ethena_labs· over 1 year agoJoin a discussion today 9am UTC with:@CryptoHayes @ethena_labs @pendle_fi Set a reminder: https://t.co/sQSbVWHspI
@ethena_labs· over 1 year agoSome eligible users who have experienced claiming issues can go back into Liquifi via the link above to claim their full token amounts
@ethena_labs· over 1 year agoEpoch 1 Season 2:@ethena_labs x @eigenlayer x @0xMantle x @pendle_fi https://t.co/Lk2HPgX5Id
KOLs
@BTW0205· 13 days ago🧐 DeFi 新周期里值得关注的范式演变—— Ethena ✖️ Aave ✖️ Pendle ethena @ethena_labs 的链上新型稳定币虹吸，Aave 提供借贷场景，Pendle @pendle_fi 是放大器，通过 YT 机制+锁仓收益提前兑现，催生“收益率交易”的新市场； 三者结合带来了资金流、收益和协议收入的同步暴涨； 通俗来说： Ethena 打开局面，Aave 提供容器，Pendle 引爆飞轮。 三者合流，重新定义了 DeFi 收益的可能性。
@TechFlowPost· 13 days ago📅 7月31日 加密早报 美联储连续第五次维持利率不变，符合市场预期 白宫发布数字资产报告，比特币储备计划无实质更新 特朗普对巴西额外征收 40% 的关税，并与韩国达成贸易协议 香港稳定币初期持币人身份需实名，后续或将放宽规定 OpenSea 团队成员：空投标准会考虑用户画像 Hyperliquid：遭遇流量高峰导致短暂服务中断，将对受影响用户进行补偿 @OndoFinance 被白宫报告提及，报告强调代币化证券和稳定币是未来金融体系的基石 @eToro 拟推出自主建设的区块链，目前已启动评估 摩根大通与 Coinbase 达成合作，将为 Chase 客户提供加密货币服务 圆币科技完成 4,000 万美元 A2 轮融资，众安国际等领投 Kraken 正以 150 亿美元估值寻求筹集约 5 亿美元资金 推荐阅读 以太坊十年，Vitalik 思想进化史 https://t.co/4nURf9fl40 Messari 研报：全面拆解 2025 Arbitrum 发展之路，从技术到生态的星火燎原 https://t.co/ltI1DIt8hd VISA 稳定币数据揭秘：平均消费 45 美元，小额交易撑起 40% 市场 https://t.co/xvTqnLiRPH 对话 Ethena 创始人：USDe 跃居前三，2.6 亿美元回购启动，风口上的 ENA 剑指何方？ https://t.co/Z65CP9Zglo 富人在加密货币中如何越来越富？ https://t.co/YK3rXFuVWR
@Route2FI· 14 days agoRT @ayyyeandy: Met with a large scale, tier 1 asset manager yesterday at their office, here's how they are thinking about crypto: 1. They are all thinking about DATs, but moreso the impact of them on certain crypto asset valuations. In one example, we spoke about how DATs will drive a ton more TVL on Aave, more buybacks for the token, and thus the flywheel. Morpho, Sky, Ethena, and others are in the same boat imo. Anything with clear growth possibilities as a result of 9-fig treasury companies coming onchain to get yield, is likely a winner. Easy win for you guys, just think about the second order consequences of DATs. 2. Bullish on the coins. This particular fund made a point that they actively rotated to ETH recently and are bullish on it. They don't really believe in the fundamental metrics like REV and other onchain numbers as much as I'd thought. They don't think its that relevant to market performance in this stage/current time. They instead just have been trying to focus on winners in their long-biased fund and nailing BTC/USD trades. 3. They are trying to get more and more into crypto. More ETFs, more products, trying to become entrenched. This was the most important part of my time there. They are keen to start more crypto education, more in-person events, and build a community for early stage investing. I think this sentiment is generally accurate broadly across most TradFi/large asset managers who've seen the upside crypto can offer. I'm max bullish.
@ayyyeandy· 14 days agoMet with a large scale, tier 1 asset manager yesterday at their office, here's how they are thinking about crypto: 1. They are all thinking about DATs, but moreso the impact of them on certain crypto asset valuations. In one example, we spoke about how DATs will drive a ton more TVL on Aave, more buybacks for the token, and thus the flywheel. Morpho, Sky, Ethena, and others are in the same boat imo. Anything with clear growth possibilities as a result of 9-fig treasury companies coming onchain to get yield, is likely a winner. Easy win for you guys, just think about the second order consequences of DATs. 2. Bullish on the coins. This particular fund made a point that they actively rotated to ETH recently and are bullish on it. They don't really believe in the fundamental metrics like REV and other onchain numbers as much as I'd thought. They don't think its that relevant to market performance in this stage/current time. They instead just have been trying to focus on winners in their long-biased fund and nailing BTC/USD trades. 3. They are trying to get more and more into crypto. More ETFs, more products, trying to become entrenched. This was the most important part of my time there. They are keen to start more crypto education, more in-person events, and build a community for early stage investing. I think this sentiment is generally accurate broadly across most TradFi/large asset managers who've seen the upside crypto can offer. I'm max bullish.
@blocknative· 15 days agoRT @gasdotnetwork: DeFi protocol @ethena_labs integrates L1 transaction fees into its core operations - and that makes optimizing gas mission-critical. That’s why they partner with @gasdotnetwork by @blocknative. The advanced statistical models and real-time mempool data integrated into our API help Ethena navigate volatility with precision.
@gasdotnetwork· 15 days agoDeFi protocol @ethena_labs integrates L1 transaction fees into its core operations - and that makes optimizing gas mission-critical. That’s why they partner with @gasdotnetwork by @blocknative. The advanced statistical models and real-time mempool data integrated into our API help Ethena navigate volatility with precision.
@crypto_rand· 15 days ago#Ethena TVL has shot up to a new All Time High of $7,8 Billion. $ENA is up 136% in the last 30 days. 👀 https://t.co/DLVKAxDNlD
@CryptoRank_io· 16 days agoEthena reaches new ATH in TVL @ethena_labs TVL reached $7.72 billion, marking over 40% growth since July 1. $USDe is the dominating asset with 73% share. The upcoming launch of @stablecoin_x is fueling the growth. Ethena now ranks as the #8 project by TVL across all crypto.
@hitbtc· 16 days agoEthena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'. $BTC/$USDT: 119 465 $ETH/$USDT: 3 915 Trade $ENA and other assets: https://t.co/qBqBVVT33Y
@fintechfrank· 17 days agoRT @NaveenCypto: In last 24 Hours Ethena has more earnings and Revenue than Circle , cake and Hyperliquid . $ENA https://t.co/k57ukHJ7d8
@PowerTradeHQ· 17 days agoToken unlocks & supply: On 1 Aug, Sui releases ~44 M SUI tokens (~1.27 % of circulating supply) and Ripple unlocks 1 B XRP (most of which is typically re‑escrowed, so past releases have had minimal impact). Ethena will unlock 40.63 M ENA tokens on 2 Aug. These events increase supply and could weigh on prices.
@NaveenCypto· 17 days agoIn last 24 Hours Ethena has more earnings and Revenue than Circle , cake and Hyperliquid . $ENA https://t.co/k57ukHJ7d8
@Dune· 18 days agoRT @primo_data: As an inbox zero fanatic, I HATE email marketing with a passion. Having said that, the @Dune Digest is a superb, quick, data driven recap of this week in crypto. Prob the only email newsletter (I knowingly) subscribe to. Great article on Ethena this week. https://t.co/IQuqvTFAwM
@primo_data· 18 days agoAs an inbox zero fanatic, I HATE email marketing with a passion. Having said that, the @Dune Digest is a superb, quick, data driven recap of this week in crypto. Prob the only email newsletter (I knowingly) subscribe to. Great article on Ethena this week. https://t.co/IQuqvTFAwM
@DeFi_Dad· 18 days agoUSDe is going to reach 100B in supply in a few years. The demand for sUSDE, plus the the launch of @convergeonchain + @etherealdex + @stablecoin_x is one of the most masterful visions ever to be executed in DeFi. @gdog97_ is built different. Ethena is built different. $ENA
@ForteProtocol· 18 days ago🚨 Weekly Watchlist 🚨 Here’s a recap of news we’re watching this week: 📈 Coinbase launches CFTC-regulated perpetual futures for US traders amid growing crypto regulatory clarity https://t.co/lXyWRCfjqn 🏛️ Senate Releases Answer to Clarity Act as It Continues Market Structure Work https://t.co/crK1t4ihPx ✉️ Tokenized equities face resistance from prominent Wall Street firm Citadel Securities in letter to SEC https://t.co/3QdMUiI8vt 💰 Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg https://t.co/vmLvbtri9B 🪙 Anchorage Digital to issue first GENIUS‑compliant stablecoin in US with Ethena Labs https://t.co/y0WQVcb0c9
@BTW0205· 18 days agoRT @BTW0205: 🧐Terminal × Pendle，链上收益市场的生产端终于成型丨用tUSDe撬动60倍积分收益！ 前几天写过Pendle上新了Terminal的三个池子，我自己也参与了一些； 今天回头一看，tUSDe 的 TVL 已经火速超过 4600 万美金，市场的反馈比我预期更快，热情也更高。 如果你对积分倍率和收益结构比较敏感，大概率也会注意到——tUSDe 的激励倍率是所有池子里最重的（60x Root + 50x Sats ）。 光是 50x SATS 积分，就已经接近 10% 的年化，再叠加 Terminal 的 Root 积分、以及未来可能与 $TML （Converge 链的原生 Token）挂钩的空投预期，现在参与 Terminal 预存的性价比，在整个积分赛道里都算是顶配水平！ 1⃣Terminal——目前 DeFi 世界里最接近机构服务平台的存在之一 @Terminal_fi 是Converge链的dex，定位是一个更偏机构侧的流动性枢纽，专注于推广收益型稳定币的使用和资产结构化交易。 简单说一下它的含金量： 它是贝莱德（通过 Securitize）背书的合规收益市场，服务对象是像 Ethena、Maple、Ondo、Centrifuge 这样已经在布局 RWA 或收益型稳定币的 TradFi 参与者。 很多人还没看清楚这几方的关系，你可以这样简单理解—— Ethena：做资产发行，发 USDe 和 sUSDe Converge：做底层结算，提供清算结算和稳定性 Terminal：做交易层，帮这些资产做结构化、做流动性、做通路 再叠加上一层Pendle：做收益层，帮这些资产做初期冷启动和激励落地。 可以想象一下： 如果未来机构的资金真要进 DeFi，他们绝对不是像我们散户这样，直接打开钱包上的Uniswap就挂单交易，而是通过 Terminal 这样的场景，走合规、拆分资产结构，再送到链上去做交易或者结构化收益。 而我们现在看到的 tUSDe，正是来自 Ethena 的结构性收益资产，在 Terminal 上的载体之一。 2⃣为什么 tUSDe池子值得参与？ 先说理解，tETH 和 tBTC 其实更多是补充型资产，真正的机构级核心货币，是 tUSDe，也是三个池子中结构性参与价值最高的。原因—— 1）tUSDe 背后是 USDe / sUSDe，它们是 Ethena 发行、跑了 10 个月就做到 $6B 的收益型稳定币。收益逻辑不是 staking 或波动套利，而是 delta-neutral，对冲后的 funding 结构。 这类结构，是传统资产管理机构最熟悉的，也是他们最愿意参与的收益模型。 2）tUSDe 是第一个 Terminal 大规模引流的资产，冷启动主力。本轮 Terminal 预存总 TVL 超过 1 亿美金，其中70%都集中在tUSDe上。 3） @pendle_fi 是 Terminal 首个合作协议，在这波冷启动里承担了超过 71% 的增长来源，给的积分倍率优于裸持 USDe： 单池60x Root + 50x Sats，同时叠加LP的vependle奖励，相当于同一笔资金，打通了多条激励路径，组合效率极高，很适合散户轻量参与。 3⃣DeFi下半场：稳定币的利差战争，才刚刚开始 DeFi 这两年其实陷入了一个很怪的状态——协议创新还在卷，一直在往复杂玩，但其实整个结构是越来越空的，尤其是在很多资产波动过大预期不足的情况下，真正能带来增量资金的项目越来越少。 真正有规模的流动性、稳定的利差、低波动资产，都还藏在链下。 传统金融那边，其实早就开始盯着这块。 自从 Genis 法案落地，像BlackRock、Securitize 的动作越来越密集，说明一个基本判断： 他们对收益型稳定币的需求正在爆发式增长。 可以预见—— 过去的 DeFi，是 Degen 玩家为主导的收益组合舞台； 接下来的 DeFi，会是机构用稳定币打收益管理战的聚合场。 而Terminal 背后恰好站着 Converge（清算层）和 Ethena（资产发行方），再加上Pendle清晰的结构性收益，等于是做了一次实验演示： 一条传统金融 → 稳定收益资产 → 可组合化入口的链条正在成型，而 tUSDe 池子就是这条路径第一个向用户开放的落脚点。 所以你很难找到一个不去参与的理由！ 现在PT-tUSDE年化收益13%，YT和LP都可以获得60X的Terminal积分和50X的Ethena Sats积分。我建议可以分仓配置点，先上车占个位置再说！ 可以通过以下几个入口👇👇 ✅Pendle存款（推荐，收益更高）：https://t.co/rHFUMmOwEJ ✅官方存款：https://t.co/kWsFiM8gFx 可以进Pendle的中文社区，找找看有没有收益更高的参与方法！https://t.co/VXk5k7lA2Y
@fintechfrank· 19 days agoRT @RyanWatkins_: $ENA offers one of the only pure play exposures to stablecoins and tokenization, and now has the largest bazooka (relatively) of all tokens with a treasury company. Ideal timing with German regulator (BaFin) headwinds now behind us following a June resolution. Ethena is back in growth mode with USDe supply reaching new highs ($7B) and can now execute on a number of big product initiatives (e.g @convergeonchain) that were likely delayed. Bonus is VC supply overhang now practically neutralized.
@Rewkang· 19 days agoTwo fundamental theses 1. Perps are coming to a $120T global equity market that could 30x the yield TAM for Ethena 2. Hey I recognize this pattern https://t.co/9PsRdsSCOt
@MEXC_Official· 19 days agoMEXC x Ethena Labs x TON Foundation: Stablecoin for You & Me https://t.co/1oZ2cB5LbB
@fintechfrank· 19 days agoRT @blknoiz06: $ENA chart confirming weekly breakout of multi-month consolidation tradfi is *just* now waking up to the stablecoin game, now ethena is even more accessible to them + added $260M of buybacks on open market only stablecoin paying 10%+ yields on billions in AUM https://t.co/7o8sd9or9g
@RyanWatkins_· 19 days ago$ENA offers one of the only pure play exposures to stablecoins and tokenization, and now has the largest bazooka (relatively) of all tokens with a treasury company. Ideal timing with German regulator (BaFin) headwinds now behind us following a June resolution. Ethena is back in growth mode with USDe supply reaching new highs ($7B) and can now execute on a number of big product initiatives (e.g @convergeonchain) that were likely delayed. Bonus is VC supply overhang now practically neutralized.
@blknoiz06· 19 days ago$ENA chart confirming weekly breakout of multi-month consolidation tradfi is *just* now waking up to the stablecoin game, now ethena is even more accessible to them + added $260M of buybacks on open market only stablecoin paying 10%+ yields on billions in AUM https://t.co/7o8sd9or9g
@eulerfinance· 19 days agoLend the Ethena PTs on Euler Yield: https://t.co/f4CSRKqllc Use the Ethena PTs as collateral on Euler Yield: https://t.co/2R1ODv6JCH
@mrjasonchoi· 19 days agoWhat people said… When we seeded Ethena 2 years ago: “This is just Luna again” When we seeded liquidity pool: “AI crypto is where it’s at, not DeFi” When we doubled down in growth: “Didn’t we try this on Solana last cycle?” When we 100x’d size in public market: “Tether already won the race” Today: “Stablecoins is the biggest opportunity in crypto and we need exposure any way possible”
@DeFi_Dad· 19 days agoRT @litocoen: ethena is one of the few projects that i could see go to $100b in the next 3-5 years to reach a robinhood/coin like valuation converge being a key piece in driving that outcome these co's are all going for the same thing but approach it from different angles
@Rewkang· 20 days agoThis would be the equivalent of MSTR raising $200B to buy BTC Ethena is one of the few legit projects in crypto that still has massive growth potential Perps will expand beyond crypto and eat finance, and $ENA will be one of the top benefactors
@DeFi_Dad· 20 days agoRT @DeFi_Dad: Join us tomorrow at 12 pm EST for a new Yield Talks on The @edge_pod featuring Ethena Head of Research, @ConorRyder and InfiniFi Founder @RobAnon94. RSVP 👉 https://t.co/XKIAL1WfY8 https://t.co/7V5rCwfLli
@fintechfrank· 20 days agoNew: Anchorage Digital Partners with Ethena Labs to Launch the First GENIUS-Compliant; Federally Regulated Stablecoin
@WuBlockchain· 20 days agoEthena announced a partnership with Anchorage, the only federally chartered crypto bank in the U.S., to transition USDtb from an offshore model to a federally regulated payment stablecoin. Ethena claims that its USDtb is expected to become the first stablecoin with a clear path to full compliance with the U.S. GENIUS Act. https://t.co/ohGvtbzSzK
@ethena_labs· 20 days agoEthena is set to become the first stablecoin developer whose product has a clear path to full compliance with the U.S. GENIUS Act Through our partnership with @Anchorage, the only federally chartered crypto bank, USDtb will move onshore to become a U.S. federally regulated payment stablecoin
@litocoen· 20 days agoethena is one of the few projects that i could see go to $100b in the next 3-5 years to reach a robinhood/coin like valuation converge being a key piece in driving that outcome these co's are all going for the same thing but approach it from different angles
@BTW0205· 20 days ago🧐Terminal × Pendle，链上收益市场的生产端终于成型丨用tUSDe撬动60倍积分收益！ 前几天写过Pendle上新了Terminal的三个池子，我自己也参与了一些； 今天回头一看，tUSDe 的 TVL 已经火速超过 4600 万美金，市场的反馈比我预期更快，热情也更高。 如果你对积分倍率和收益结构比较敏感，大概率也会注意到——tUSDe 的激励倍率是所有池子里最重的（60x Root + 50x Sats ）。 光是 50x SATS 积分，就已经接近 10% 的年化，再叠加 Terminal 的 Root 积分、以及未来可能与 $TML （Converge 链的原生 Token）挂钩的空投预期，现在参与 Terminal 预存的性价比，在整个积分赛道里都算是顶配水平！ 1⃣Terminal——目前 DeFi 世界里最接近机构服务平台的存在之一 @Terminal_fi 是Converge链的dex，定位是一个更偏机构侧的流动性枢纽，专注于推广收益型稳定币的使用和资产结构化交易。 简单说一下它的含金量： 它是贝莱德（通过 Securitize）背书的合规收益市场，服务对象是像 Ethena、Maple、Ondo、Centrifuge 这样已经在布局 RWA 或收益型稳定币的 TradFi 参与者。 很多人还没看清楚这几方的关系，你可以这样简单理解—— Ethena：做资产发行，发 USDe 和 sUSDe Converge：做底层结算，提供清算结算和稳定性 Terminal：做交易层，帮这些资产做结构化、做流动性、做通路 再叠加上一层Pendle：做收益层，帮这些资产做初期冷启动和激励落地。 可以想象一下： 如果未来机构的资金真要进 DeFi，他们绝对不是像我们散户这样，直接打开钱包上的Uniswap就挂单交易，而是通过 Terminal 这样的场景，走合规、拆分资产结构，再送到链上去做交易或者结构化收益。 而我们现在看到的 tUSDe，正是来自 Ethena 的结构性收益资产，在 Terminal 上的载体之一。 2⃣为什么 tUSDe池子值得参与？ 先说理解，tETH 和 tBTC 其实更多是补充型资产，真正的机构级核心货币，是 tUSDe，也是三个池子中结构性参与价值最高的。原因—— 1）tUSDe 背后是 USDe / sUSDe，它们是 Ethena 发行、跑了 10 个月就做到 $6B 的收益型稳定币。收益逻辑不是 staking 或波动套利，而是 delta-neutral，对冲后的 funding 结构。 这类结构，是传统资产管理机构最熟悉的，也是他们最愿意参与的收益模型。 2）tUSDe 是第一个 Terminal 大规模引流的资产，冷启动主力。本轮 Terminal 预存总 TVL 超过 1 亿美金，其中70%都集中在tUSDe上。 3） @pendle_fi 是 Terminal 首个合作协议，在这波冷启动里承担了超过 71% 的增长来源，给的积分倍率优于裸持 USDe： 单池60x Root + 50x Sats，同时叠加LP的vependle奖励，相当于同一笔资金，打通了多条激励路径，组合效率极高，很适合散户轻量参与。 3⃣DeFi下半场：稳定币的利差战争，才刚刚开始 DeFi 这两年其实陷入了一个很怪的状态——协议创新还在卷，一直在往复杂玩，但其实整个结构是越来越空的，尤其是在很多资产波动过大预期不足的情况下，真正能带来增量资金的项目越来越少。 真正有规模的流动性、稳定的利差、低波动资产，都还藏在链下。 传统金融那边，其实早就开始盯着这块。 自从 Genis 法案落地，像BlackRock、Securitize 的动作越来越密集，说明一个基本判断： 他们对收益型稳定币的需求正在爆发式增长。 可以预见—— 过去的 DeFi，是 Degen 玩家为主导的收益组合舞台； 接下来的 DeFi，会是机构用稳定币打收益管理战的聚合场。 而Terminal 背后恰好站着 Converge（清算层）和 Ethena（资产发行方），再加上Pendle清晰的结构性收益，等于是做了一次实验演示： 一条传统金融 → 稳定收益资产 → 可组合化入口的链条正在成型，而 tUSDe 池子就是这条路径第一个向用户开放的落脚点。 所以你很难找到一个不去参与的理由！ 现在PT-tUSDE年化收益13%，YT和LP都可以获得60X的Terminal积分和50X的Ethena Sats积分。我建议可以分仓配置点，先上车占个位置再说！ 可以通过以下几个入口👇👇 ✅Pendle存款（推荐，收益更高）：https://t.co/rHFUMmOwEJ ✅官方存款：https://t.co/kWsFiM8gFx 可以进Pendle的中文社区，找找看有没有收益更高的参与方法！https://t.co/VXk5k7lA2Y
@DeFi_Dad· 21 days agoJoin us tomorrow at 12 pm EST for a new Yield Talks on The @edge_pod featuring Ethena Head of Research, @ConorRyder and InfiniFi Founder @RobAnon94. RSVP 👉 https://t.co/XKIAL1WfY8 https://t.co/7V5rCwfLli
@Wing_Finance· 21 days agoStablecoins are crypto’s quiet superpower, and we’re only just scratching the surface of what they can do. They’re liquid. Trusted. Globally available. From traders to DAOs to people protecting their savings in Argentina, stablecoins are now the reserve currency of crypto and the backbone of DeFi. The market is dominated by USDC and USDT for a reason: 🔹 Fast settlement 🔹 Deep liquidity 🔹 Real-world integrations But DeFi didn’t stop there. Today, we’re seeing an explosion of new stablecoin types: 🧠 Protocol-native (crvUSD, GHO) 📈 Yield-bearing (sDAI, USD+) 📦 RWA-backed (Ethena, Maker) Each with different trade-offs: decentralization, compliance, yield, and utility. The challenge? Most users can’t keep up. Too many options, too much noise, too much risk if you get it wrong. The solution? Aggregation. A stablecoin aggregator can help you: ✅ Capture best-in-class APY ✅ Diversify across stablecoin types ✅ Auto-respond to market shifts (like depegs or rate changes) ✅ Do it all without micromanaging your strategy Whether you prefer the liquidity of USDC or the innovation of sDAI, you shouldn’t have to choose between yield, safety, and decentralization. You can have all three, if you route your capital intelligently. Stablecoins aren’t just stable. They’re programmable, profitable, and powerful. And now, they’re getting smarter.
@GLC_Research· 22 days agoQ2 SyrupUSDC Performance || @maplefinance ▫️SyrupUSDC, Maple’s yield-bearing dollar, delivered strong performance once again this quarter. When comparing the returns of investing an equal dollar amount at the beginning of Q2, SyrupUSDC clearly outperformed its peers, delivering a 1.6% return over the period. For comparison, Aave’s yield, often used as a benchmark, returned 0.85%, while Ethena delivered 1.29%. Despite the fact that loan growth lagged behind TVL growth, which has put some downward pressure on yields, SyrupUSDC still outperformed the competition this quarter. Notably, it also outperformed in Q1, demonstrating consistent relative strength. ▫️Yield Stability and Risk-Adjusted Performance This quarter showed a slight downward trend in USDC yields, as illustrated in the graph below. While SyrupUSDC’s yield did decline modestly, it remained stable throughout the period. The product delivered more consistent returns compared to other DeFi yield options, with a standard deviation of just 0.27% over the quarter. In contrast, Aave’s yield showed a standard deviation of 0.64%, and Ethena’s was more volatile at 1.20%. This level of predictability and consistency is key ! A smoother return profile, combined with a higher overall yield, translates into stronger risk-adjusted performance. These qualities help explain why SyrupUSDC has seen such rapid adoption since the beginning of the year. It is, quite simply, a superior yield-bearing dollar compared to most options in DeFi. ▫️SyrupUSDC Risk Premium is decreasing This is one of the most interesting point of the quarter. We can clearly observe a declining risk premium for SyrupUSDC relative to Aave, which is widely regarded as the benchmark for the safest USDC yield. This suggests that market confidence in Maple is growing, with users increasingly willing to accept a lower yield in exchange for what they now perceive as lower risk. Several factors help explain this shift in sentiment: 🔸Institutional engagements: with firms like @BitwiseInvest and Cantor signal strong external validation. These deals involve deep due diligence by top-tier counterparties, which meaningfully reduces perceived risk for lenders. 🔸Flawless risk management: during multiple liquidation events. Maple has handled these scenarios with no disruptions, reinforcing trust in the platform’s operational resilience. 🔸Instant liquidity on SyrupUSDC: allowing users to withdraw funds quickly and efficiently. This liquidity feature materially reduces the perceived risk associated with locking capital. 🔸Brand momentum: Maple’s visibility and recognition have grown significantly this quarter, bringing greater awareness and confidence from both retail and institutional participants. This analysis is an excerpt from our quarterly report, a comprehensive breakdown of Maple Finance's performance in Q2, produced in collaboration with @OAK_Res_EN ! Quarterly report in the first comment👇
@Ledger· 22 days agoYou can now send, receive, and yield @ethena_labs's USDe directly through Ledger Live! Integration is rolling out gradually, so if you don’t see it yet, hang tight. Secure your Ethena, stake with confidence, and stay in control 🔐 https://t.co/XQn2lGluy6
@Tokocrypto· 22 days agoEthena launching StablecoinX, dan ENA langsung naik 8%! 🚀 USDe kini tembus $6 miliar jadi stablecoin terbesar ke-3 setelah USDT & USDC. Didukung investor top, dan bakal IPO via Nasdaq! Bullish untuk dolar digital? 👀 https://t.co/QntPcKdiAX
@CopperHQ· 22 days agoRT @ethena_labs: sUSDe APY: 10% ✨ For the first time since January, sUSDe APY is back to double digits Setting a new benchmark rate for the industry, there are plenty of Ethena opportunities to take advantage of today https://t.co/Xlod7eal0x
@DeFiTeddy2020· 22 days ago稳定币科普101: 稳定币赛道10问 1. 稳定币是什么？ 2. 谁是第一个稳定币 3. 稳定币怎么赚钱 4. 稳定币优势是什么？ 5. 哪些稳定币规模最大？ 6. 哪些链的稳定币规模最大？ 7. 为什么机构在跑步入场？ 8. 稳定币的监管进展有哪些？ 9. 除了美元稳定币，还有哪些稳定币？ 10. 散户如何参与稳定币的盛宴 1. 稳定币是什么？ 稳定币是在区块链上发行的1:1锚定法币（比如美元）的加密货币，其锚定机制包括法币储备支持（中心化，例：USDT、USDC），加密抵押合约（去中心化，例：DAI），金融对冲机制（衍生品式，例：USDe）和 算法调控型（去中心化，但是没有成功例子）等。 2. 谁是第一个稳定币 第一个稳定币是2014年EOS 创始人BM的BitShares 发行的BitUSD，属于早期的算法稳定币模型，但是由于BitShares 发展受限，所以BitUSD也没有火起来。 同一年Tether在在比特币（基于比特币的Omni）上发行了美元做支撑的USDT，但是由于Omni 协议功能受限、体验差，后面全面转向智能合约的以太坊。 2019年后，ERC-20版USDT迅速成为主流。 在更早的2013年，circle 成立，但是一开始的目标是做比特币钱包和支付服务，直到2018年，Circle 才宣布将推出稳定币USDC，并且与 Coinbase共同治理，目前coinbase 可以获取usdc利息收入的30%-40%。 3. 稳定币怎么赚钱 主要是储备金赚利息，比如USDT 1600亿美金市值，在当前高利率的情况下，比如5%，那么单单利息收入一年就是80亿美金的收入，属于躺着赚钱，据说Tether平均1个员工创造1个亿美金的收入，人效比高的惊人。 此外稳定币提供商还可以赚取链上铸造/赎回费等。 4. 稳定币优势是什么？ 稳定币的优势是转账无kyc，24小时运作，实时到帐，手续费低廉，适合构建1个无国界的全球金融系统，比如在亚洲的你可以用USDT给非洲设计师结账，立刻到帐，然后他用USDT给家人买饭，如果需要美元转账，那么这个非洲家人可能需要饿肚子了。 5. 哪些稳定币规模最大？ 根据defillama数据，目前稳定币总市值2600亿美金，规模超过10亿美金的有 USDT（1600亿美金），USDC（640亿美金），USDE（61亿美金，Ethena 推出的金融衍生品对冲机制稳定币），DAI（44亿美金），USDS（41亿美金，“收益型、跨链友好”的升级DAI），BUIDL（26亿美金，black rock推出的链上货币基金），USD1（22亿美金，特朗普关联的world liberty financial集团推出），USDTB（15亿美金，Ethena 发明的“收益版 USDT”）， FDUSD（12亿美金） 6. 哪些链的稳定币规模最大？ 根据defillama数据，稳定币规模top5的链是以太坊（1300亿美金），Tron（820亿美金），Solana（110亿美金），BNB chain（110亿美金）和hyperliquid（52亿美金），如果打个比喻，以太坊是稳定币的华尔街（合规安全，机构喜欢），Tron是“美元地下铁”（ USDT主场，适合跨境，灰产），Solana是稳定币的“微信支付”（ 快、便宜、适合高频小额支付，个人用户喜欢） 7. 为什么机构在跑步入场？ 美国政府已经把稳定币作为国家重要战略，通过链上布雷顿森林体系，重塑美元的全球霸权。 稳定币就是“以美国国债作为黄金的新布雷顿代币”，背后嵌入了美国财政的信用体系，通过去中心化的区块链基础设施，发行了美国政府强中心化的链上美元。 大家知道Meta之前投入巨大精力做的Libra，也是想做基于区块链的全球稳定币，但是最终失败了，一个重要原因是Libra 最初设想是锚定一篮子法币（美元、欧元、日元等），试图创造“全球货币”，没有受到美国政府支持， 说的直白一些，就是动了美元和国家主权的“奶酪”。 在稳定币已经被美国政府权利支持的前提下，稳定币将是下一个万亿美元的结算基础设施 。目前结算量已经超越 PayPal，下一阶段可能取代 SWIFT、Visa，谁先布局，谁就能吃下美元稳定币的结算红利。 8. 稳定币的监管进展有哪些？ 美国：GENIUS Act 是首次系统联邦立法，将稳定币 从“灰色地带” 变成 “支付工具而非证券／银行产品”，为传统金融机构提供稳定币准入通道。 香港：稳居亚洲发行人中心，制定发行人牌照制度，法规执行力度强。 欧盟：MiCA已落地，欧洲稳定币监管统一成型。 9. 除了美元稳定币，还有哪些稳定币？ 欧元稳定币：Circle已经发布符合MiCA规定的1:1锚定欧元的EURC，目前市值在2亿美金左右，是市值最大的非美元稳定币。 港元稳定币：香港《稳定币条例》将于8月1日即将生效，前期参加稳定币沙盒实验的机构包括京东科技，圆币科技和渣打银行等，蚂蚁数科已经启动申请香港稳定币牌照。期待8月以后能看到大规模流通的港元稳定币。 人民币稳定币：据cointelegraph报道，@Conflux_Network 正在和金融科技公司AnchorX和信息技术安全公司东信和平的合作推出离岸人民币支持的稳定币，新稳定币旨在为离岸中国实体和参与中国一带一路倡议的国家提供服务。 10. 散户如何参与稳定币的盛宴 虽然很多稳定币项目都是机构参与（比如blackrock的BUIDL），但是散户至少有两种方式参与稳定币赛道， 第一种是在TGE之前参与稳定币/RWA赛道的公链，无论是空投交互还是打新，比如 稳定币Layer 1 @PlasmaFDN的打新，之前存过钱的现在可以参与tge，只是要KYC，另外和蚂蚁数科有关系的RWA L1 @pharos_network 也是可以关注； 第二种是和稳定币/RWA 赛道的二级代币，比如$Ondo $Plume。大家看看还有哪些机会和项目？
@buenbit· 23 days ago🔺El equipo de #ENA no pierde el tiempo 🔺 En las próximas 6 semanas, @stablecoin_x comprará 5M diarios de tokens #ENA que equivale a una suma total aproximada del 8 % del supply Además, la Ethena Foundation se aseguró el derecho de vetar cualquier venta de ENA por parte de StablecoinX, lo que aumenta la confianza al largo plazo
@karl_0x· 23 days agoLONG $ENA: Riding the $260M Buyback Wave as Stablecoin Mania Rises 1. Guaranteed Demand Shock: The Ethena Foundation has committed to a $260 million open market buyback of $ENA, representing ~8% of the circulating supply. This translates to a relentless, predictable $5 million in daily buying pressure for the next six weeks, creating a powerful price floor and a constant upward force that shorts will find difficult to fight. 2. Prime Beneficiary of US Crypto Legislation: The "GENIUS Act" has officially legalized stablecoins in the US, recasting them as "essential financial infrastructure." As a leading stablecoin protocol, Ethena is perfectly positioned to capture the ensuing wave of institutional capital and adoption. Influential trader PaikCapital explicitly identifies $ENA as the premier play for "institutional stable yield." 3. Proven Strength and Powerful Backing: $ENA recently hit a 23-week high, demonstrating strong momentum before the full force of the buyback program. High-conviction trader Arthur Hayes is vocally bullish, predicting massive mainstream adoption, stating "Dollar General is about to be stocking $ENA." This combination of price action and influential support signals a high-conviction trade. 4. Favorable Market Structure: Despite the public announcement, the sustained, daily nature of the buyback is a dynamic that the market cannot fully price in at once. Every day, a new, non-discretionary $5 million bid enters the market, providing fresh fuel and creating an asymmetric risk/reward for a long position against a backdrop of increasing retail and institutional interest in the "altcoin season."
@Assemble_io· 23 days agoNEWS FLASH: #Ethena plans to create the company StablecoinX and deploy $260M to purchase Ethena tokens on the open market, boosting Ethena demand. https://t.co/Imx5DF2Adq
@ethena_labs· 23 days agoStablecoinX Inc. @stablecoin_x has announced a $360 million capital raise to purchase $ENA and will seek to list its Class A common shares on the Nasdaq Global Market under the ticker symbol "USDE", which includes a $60 million contribution of ENA from the Ethena Foundation Equity markets will now have direct access and exposure to the most important emerging trend in all of finance: The growth of digital dollars and stablecoins. To bootstrap its acquisition strategy, StablecoinX Inc. will use all of the $260 million cash proceeds from the raise (less amounts for certain expenses) to buy locked ENA from a subsidiary of the Ethena Foundation. Starting today, the Ethena Foundation subsidiary (via third-party market makers) will use 100% of the $260 million cash proceeds from the token sale to strategically purchase $ENA across publicly traded venues over the coming weeks, further aligning the Foundation’s incentives with those of StableCoinX shareholders. The planned deployment schedule is approximately $5m daily from today over the course of the next 6 weeks. At current prices $260m represents roughly 8% of circulating supply. Importantly, the Ethena Foundation has the right to veto any sales of $ENA by StableCoinX at its sole discretion. Ideally, tokens will never be sold with a sole focus on accumulation. To the extent StableCoinX subsequently raises capital with the intent of purchasing additional locked ENA from the Ethena Foundation or its affiliates, cash proceeds from those token sales are planned to be used to purchase spot $ENA. StableCoinX's treasury strategy is a deliberate, multi‑year capital allocation strategy that will enables StableCoinX to capture the enormous value of the secular surge in demand for digital dollars while compounding ENA per share to the benefit of shareholders.
@BTW0205· 23 days agoRT @pendle_grandma: 🔔Ethena Whales 🐳 Time to roll over: the juiiicy Sept @pendle_fi pool is now offering 11% APY for PT. USDe TVL back to ATH >$6bn 🔥 ENA up 47% over the last week 🆙 Converge squad ready to sprint 🏃♂️ Hopefully Aave will raise the cap soon for PT Sept - poke poke mr @lemiscate https://t.co/cEeTIWXqdY
@pendle_grandma· 23 days ago🔔Ethena Whales 🐳 Time to roll over: the juiiicy Sept @pendle_fi pool is now offering 11% APY for PT. USDe TVL back to ATH >$6bn 🔥 ENA up 47% over the last week 🆙 Converge squad ready to sprint 🏃♂️ Hopefully Aave will raise the cap soon for PT Sept - poke poke mr @lemiscate https://t.co/cEeTIWXqdY
@ethena_labs· 27 days agosUSDe APY: 10% ✨ For the first time since January, sUSDe APY is back to double digits Setting a new benchmark rate for the industry, there are plenty of Ethena opportunities to take advantage of today https://t.co/Xlod7eal0x
@pendle_fi· 27 days agoRT @NewPaguinfo: Converge Family Pendle Pool Comparison Although it has been a while, @convergeonchain 's @Terminal_fi has released three pools, tBTC/tETH/tUSDe, on @pendle_fi . All projects backed or led by @ethena_labs on Converge are allocated airdrops to sENA, and a separate pre-deposit program is also being conducted. Currently, there are Ethereal and Terminal, so let's take a look at the efficiency of YT. Ethereal (https://t.co/myPXai6CIu) - 15% airdrop out of total supply has been allocated to sENA. The portion allocated to eUSDe has not yet been disclosed. - eUSDe's TVL has significantly decreased due to Ethereal's delayed launch, dropping from $1.24B to approximately $677M currently. - Even if only 5% is allocated, the efficiency of eUSDe YT compared to sENA YT is 2.65x at the current rate, and 3.99x at 10%. Terminal (https://t.co/ombswGUhrM) - 10% airdrop out of total supply has been allocated to sENA - Allocation for tBTC/tETH/tUSDe has not yet been disclosed - Based on tBTC YT, which is the most efficient in terms of dollar value, the efficiency is 28.96x compared to sENA when 5% is allocated, and 57.9x when 10% is allocated. * YT, especially for products that do not generate interest, is most advantageous when the multiplier is the largest in terms of dollar value, excluding the possibility of recovery in the middle. ** Although sENA is less efficient, it mines Ethena/Ethereal/Terminal/Strata simultaneously. @strata_money is also preparing pre-deposit campaign soon, as I know.
@NewPaguinfo· 27 days agoConverge Family Pendle Pool Comparison Although it has been a while, @convergeonchain 's @Terminal_fi has released three pools, tBTC/tETH/tUSDe, on @pendle_fi . All projects backed or led by @ethena_labs on Converge are allocated airdrops to sENA, and a separate pre-deposit program is also being conducted. Currently, there are Ethereal and Terminal, so let's take a look at the efficiency of YT. Ethereal (https://t.co/myPXai6CIu) - 15% airdrop out of total supply has been allocated to sENA. The portion allocated to eUSDe has not yet been disclosed. - eUSDe's TVL has significantly decreased due to Ethereal's delayed launch, dropping from $1.24B to approximately $677M currently. - Even if only 5% is allocated, the efficiency of eUSDe YT compared to sENA YT is 2.65x at the current rate, and 3.99x at 10%. Terminal (https://t.co/ombswGUhrM) - 10% airdrop out of total supply has been allocated to sENA - Allocation for tBTC/tETH/tUSDe has not yet been disclosed - Based on tBTC YT, which is the most efficient in terms of dollar value, the efficiency is 28.96x compared to sENA when 5% is allocated, and 57.9x when 10% is allocated. * YT, especially for products that do not generate interest, is most advantageous when the multiplier is the largest in terms of dollar value, excluding the possibility of recovery in the middle. ** Although sENA is less efficient, it mines Ethena/Ethereal/Terminal/Strata simultaneously. @strata_money is also preparing pre-deposit campaign soon, as I know.
@NewPaguinfo· 27 days agoConverge Family Pendle Pool 비교 좀 지나긴 했지만, Pendle 에 Converge 의 Terminal 의 세가지 풀 tBTC/tETH/tUSDe 가 나왔습니다. Converge 에서 Ethena 가 Backing 하거나 주도적으로 진행하는 프로젝트들은 모두 sENA 에 에어드랍을 할당 하는데, 또한 별도의 pre-deposit 프로그램도 진행합니다. 현재는 Ethereal 과 Terminal 이 있는데, YT 의 효율을 한번 따져봄 Ethereal (https://t.co/myPXai6CIu) - sENA 에 15% 할당. eUSDe 에는 얼마 할당했는지 아직 밝혀지지 않음 - eUSDe 는 Ethereal 이 하도 런칭 안하니 TVL 이 많이 줄어서 $1.24B 까지 갔다가 현재는 약 $677M - 5% 만 배정한다 해도 지금 기준으로는 sENA YT 대비 eUSDe YT 효율이 2.65x / 10% 시 3.99x Terminal (https://t.co/ombswGUhrM) - sENA 에 10% 할당 - tBTC/tETH/tUSDe 할당은 아직 밝혀지지 않음 - 달러가치 기준 가장 효율이 좋은 tBTC YT 기준, 5% 배정 시 sENA 대비 28.96x 효율 / 10% 배정 시 57.9x * YT는, 특히 이자가 나오지 않는 상품의 경우, 중간에 회수할 것을 배제한다면, 그냥 달러 가치 기준으로 배수가 가장 큰것이 유리 ** sENA 가 효율이 낮긴 하지만, Ethena/Ethereal/Terminal/Strata 를 동시에 채굴함 Terminal / Ethereal 등이 잘될지는 모르겠습니다. 일단 저는 sENA YT 를 몽창 들고있어서, 따로 다른 YT 를 넣지는 않았습니다. 참고...
@DeFi_Dad· 28 days agoRT @Nomaticcap: Alpha for @maplefinance: There's more dominos beginning to fall for $SYRUP that makes me think "you ain't seen nothing yet". Big Domino Last month a "Temp Check" appeared on @aave to onboard syrupUSDC. Why is the proposal so positive sum for both parties? Aave gets: - New collateral type with real-world yield. - Potential for $500M+ institutional inflow into syrupUSDC if loopable on Aave (but I think way more, keep reading). - Boosts TVL, USDC utilization, and interest rates. - Maple will provide $250k in incentives to kickstart adoption. Benefits to Aave: - Supports Aave’s broader strategic goals, like GHO adoption via institutional lending. - Ultimately, this brings in more institutional capital via Maple’s distribution network. - Sets the stage for future listings (a yield-bearing BTC asset 👀). --- Why is this Beneficial to Maple? For starters, I can't say for certain if this will pass or where it's currently at, but I've heard rumors that it's going through a risk assessment. If you ask me my opinion, I think this is a slam dunk to pass (seeing Llamarisk signaling early support in the governance forum): So what does that mean? You simply just need to look at what happened with Aavethena. Ethena's sUSDe has achieved $3.19B in circulation on Aave. If passed, I think syrupUSDC could add $1B and very possibly $2B to the syrupUSDC circulation (that might even be conservative). And I think it could happen very quickly - as in, within this quarter. I think the caps will be the only holdup and that their will be insatiable demand. Then you can imagine how much attention this drives to looping an asset that can attain 7% - 15% APY 👀 --- OK bringing this back to $SYRUP and why this matters? I've heard from reliable sources that $1B of syrupUSDC in circulation adds $15M ARR back to Maple. If they can get $2B in circulation on Aave, that's an extra $30M of ARR to add to their $15M - 20M they are already achieving. This would put them at $45M - $50M ARR. From talking to the team, they are lean and adding people no longer helps scale the business so overhead costs should stay low. Which means, they could be in a position sometime in Q3 to really accelerate token buybacks. One other piece of info. I have it on good authority that whenever you see parabolic hockey stick TVL growth like we're seeing, there's a 30 day to 40 day lag in revenue. Meaning, the TVL growth you see in July, won't be fully reflected in revenue numbers until August or even early September 👀 We're actually only seeing revenues right now from TVL growth in early June...
@layer3xyz· 28 days agoTerminal is now LIVE on Layer3. Explore @Terminal_fi, the liquidity hub to trade yield-bearing stablecoins and institutional assets on Converge, powered by Ethena. https://t.co/TJzVEQRxJF https://t.co/WrSGvirwA1
@lemiscate· 28 days agoWith Maple onboarding + increased ethena rates we will boost it to at least 5 billy in no time. Just use Aave.
@eulerfinance· 28 days agoEuler and Ethena fueling Stablecoin Summer. Lenders of $USDtb now earn $USDtb rewards, including on looped positions. All on top of active rEUL rewards. https://t.co/vb42DUM343
@Nomaticcap· 29 days agoAlpha for @maplefinance: There's more dominos beginning to fall for $SYRUP that makes me think "you ain't seen nothing yet". Big Domino Last month a "Temp Check" appeared on @aave to onboard syrupUSDC. Why is the proposal so positive sum for both parties? Aave gets: - New collateral type with real-world yield. - Potential for $500M+ institutional inflow into syrupUSDC if loopable on Aave (but I think way more, keep reading). - Boosts TVL, USDC utilization, and interest rates. - Maple will provide $250k in incentives to kickstart adoption. Benefits to Aave: - Supports Aave’s broader strategic goals, like GHO adoption via institutional lending. - Ultimately, this brings in more institutional capital via Maple’s distribution network. - Sets the stage for future listings (a yield-bearing BTC asset 👀). --- Why is this Beneficial to Maple? For starters, I can't say for certain if this will pass or where it's currently at, but I've heard rumors that it's going through a risk assessment. If you ask me my opinion, I think this is a slam dunk to pass (seeing Llamarisk signaling early support in the governance forum): So what does that mean? You simply just need to look at what happened with Aavethena. Ethena's sUSDe has achieved $3.19B in circulation on Aave. If passed, I think syrupUSDC could add $1B and very possibly $2B to the syrupUSDC circulation (that might even be conservative). And I think it could happen very quickly - as in, within this quarter. I think the caps will be the only holdup and that their will be insatiable demand. Then you can imagine how much attention this drives to looping an asset that can attain 7% - 15% APY 👀 --- OK bringing this back to $SYRUP and why this matters? I've heard from reliable sources that $1B of syrupUSDC in circulation adds $15M ARR back to Maple. If they can get $2B in circulation on Aave, that's an extra $30M of ARR to add to their $15M - 20M they are already achieving. This would put them at $45M - $50M ARR. From talking to the team, they are lean and adding people no longer helps scale the business so overhead costs should stay low. Which means, they could be in a position sometime in Q3 to really accelerate token buybacks. One other piece of info. I have it on good authority that whenever you see parabolic hockey stick TVL growth like we're seeing, there's a 30 day to 40 day lag in revenue. Meaning, the TVL growth you see in July, won't be fully reflected in revenue numbers until August or even early September 👀 We're actually only seeing revenues right now from TVL growth in early June...
@CryptoDiffer· 30 days ago❗️@Grayscale has added @Wormhole $W to its Assets Under Consideration List Wormhole was selected as #Greyscale's potential investment, alongside projects like Hyperliquid, BNB, Ethena, Plume, Aerodrome, Aptos, Mantle, LayerZero, TON, Jito, and others. 👉 https://t.co/XMIN5rdLi2 https://t.co/FpAVCTSlg2
@pendle_fi· about 1 month agoRT @pendle_grandma: Pendle : the new institutional playbook in DeFi Thriving through different market cycles into its 4th year, @pendle_fi has been quietly evolving from a savvy yield-layer platform into a multi-pronged institutional powerhouse, here’s why you should be ultra bullish. For any DeFi protocol, graduating into institutional-grade infrastructure signals a deeper, more mature phase of growth. With a unique fixed yield primitive and a rapidly growing ecosystem, Pendle is poised to become the foundation for institutional access to DeFi yield. ⛩️Pendle V2: Better, Faster, Stronger As we step into a new growth phase, the revamped V2 with sleeker mechanisms is opening up for all the most popular protocols in DeFi, especially yield bearing stablecoins as the strongest asset, offering more sustainable and competitive yields. With over 100 active pools, Pendle is now the indispensable yield market for all. ⛩️Pendle PT dominance Pendle PTs are reshaping the role of collateral in DeFi. Today, over $2.67B worth of PTs are actively used as collateral—and that number’s growing fast. As of today, @aave alone holds over $2.1B in PTs, a staggering endorsement of the model. The protocol has raised supply caps multiple times to keep up with demand. These assets now represent a core yield-bearing layer for lending protocols, enabling capital efficiency while introducing fixed income concepts familiar to TradFi. With cross-chain PTs on the horizon, PT is set to unlock a new wave of adoption across broader lending markets. ⛩️Boros: the ultimate yield trading monster Unlocking funding rates as a robust new yield source, we are taking bold steps to unleash this new beast as its power will be unparalleled. The very first fully on-chain order book of @boros_fi with unprecedented capital efficiency will offer a wide variety of trading strategies. ⛩️The Ethena Squad :Institutional Synergy in Motion Pendle’s deep integration with @ethena_labs is more than a partnership—it’s a strategic alliance. With over 60% of Ethena’s TVL empowered by Pendle, this partnership is growing stronger by day. As a launch partner, Pendle’s unique yield-trading mechanisms will continue to play a crucial role in the growth of @convergeonchain , designed for institutional plays. This Ethereum-compatible chain blends permissionless DeFi with KYC-compliant tokenized RWAs, such as BlackRock’s BUIDL. With strong liquidity flowing into @etherealdex , @Terminal_fi is also gaining traction, attracting over $60 million in liquidity in the blink of an eye. In a nutshell, Pendle is doing what ETFs, swap desks, and structured product desks do in TradFi—but on-chain, composable, and 24/7. Pendle will keep proactively building the infrastructure to lead the way, as Institutional adoption becomes the next step for DeFi. Job's not done, more actions. Pendle
@pendle_grandma· about 1 month agoPendle : the new institutional playbook in DeFi Thriving through different market cycles into its 4th year, @pendle_fi has been quietly evolving from a savvy yield-layer platform into a multi-pronged institutional powerhouse, here’s why you should be ultra bullish. For any DeFi protocol, graduating into institutional-grade infrastructure signals a deeper, more mature phase of growth. With a unique fixed yield primitive and a rapidly growing ecosystem, Pendle is poised to become the foundation for institutional access to DeFi yield. ⛩️Pendle V2: Better, Faster, Stronger As we step into a new growth phase, the revamped V2 with sleeker mechanisms is opening up for all the most popular protocols in DeFi, especially yield bearing stablecoins as the strongest asset, offering more sustainable and competitive yields. With over 100 active pools, Pendle is now the indispensable yield market for all. ⛩️Pendle PT dominance Pendle PTs are reshaping the role of collateral in DeFi. Today, over $2.67B worth of PTs are actively used as collateral—and that number’s growing fast. As of today, @aave alone holds over $2.1B in PTs, a staggering endorsement of the model. The protocol has raised supply caps multiple times to keep up with demand. These assets now represent a core yield-bearing layer for lending protocols, enabling capital efficiency while introducing fixed income concepts familiar to TradFi. With cross-chain PTs on the horizon, PT is set to unlock a new wave of adoption across broader lending markets. ⛩️Boros: the ultimate yield trading monster Unlocking funding rates as a robust new yield source, we are taking bold steps to unleash this new beast as its power will be unparalleled. The very first fully on-chain order book of @boros_fi with unprecedented capital efficiency will offer a wide variety of trading strategies. ⛩️The Ethena Squad :Institutional Synergy in Motion Pendle’s deep integration with @ethena_labs is more than a partnership—it’s a strategic alliance. With over 60% of Ethena’s TVL empowered by Pendle, this partnership is growing stronger by day. As a launch partner, Pendle’s unique yield-trading mechanisms will continue to play a crucial role in the growth of @convergeonchain , designed for institutional plays. This Ethereum-compatible chain blends permissionless DeFi with KYC-compliant tokenized RWAs, such as BlackRock’s BUIDL. With strong liquidity flowing into @etherealdex , @Terminal_fi is also gaining traction, attracting over $60 million in liquidity in the blink of an eye. In a nutshell, Pendle is doing what ETFs, swap desks, and structured product desks do in TradFi—but on-chain, composable, and 24/7. Pendle will keep proactively building the infrastructure to lead the way, as Institutional adoption becomes the next step for DeFi. Job's not done, more actions. Pendle
@RujiraNetwork· about 1 month agoRT @LiuLangZe: @codehans1 just dropped another alpha and it got me tremendously excited.. 🧵@RujiraNetwork is Building an Ethena Style Stablecoin But With Multiple Times Its Potential. 1/ Ethena showed the power of delta-neutral stables. what if you could tokenize any trade… …and turn funding rates into a decentralized monetary policy? That’s exactly what @RujiraNetwork is building. And it could be one of the most powerful primitives this cycle 🧵👇
@LiuLangZe· about 1 month ago@codehans1 just dropped another alpha and it got me tremendously excited.. 🧵@RujiraNetwork is Building an Ethena Style Stablecoin But With Multiple Times Its Potential. 1/ Ethena showed the power of delta-neutral stables. what if you could tokenize any trade… …and turn funding rates into a decentralized monetary policy? That’s exactly what @RujiraNetwork is building. And it could be one of the most powerful primitives this cycle 🧵👇
@strata_money· about 1 month agoIntroducing Strata A risk tranching protocol built on @Ethena_Labs, offering structured products on USDe and other Ethena-powered assets, designed to deliver risk-optimized crypto-native returns. Building on @ConvergeOnChain (Ethena x @Securitize x @Arbitrum) Let's dive in 👇 https://t.co/cTLcWCSQXD
@pendle_fi· about 1 month agoRT @pendle_grandma: Ethena的ENA今天上了韩国所Upbit以后，昨晚悄咪咪上线Pendle的 @Terminal_fi 的三个池子也很快超过了一千万美金-不愧有泡菜premium的加持 🔥 💫Terminal是啥？ 就是那个先前跟Ethena官宣的很红很红的Converge chain上的DEX。 宏观愿景来说Ethena开始走机构风，Terminal 就是专门为机构资产和收益型稳定币打造的流动性枢纽。 目前Terminal 在预存阶段，在Pendle上可以赚取更高 Roots 积分，同时还可获取 Ethena 的 SATS和EtherFi积分。 Ethena这么多季做下来，口碑也是比较稳重。 Yield trading收益交易在DeFi还处于一个生长和价值发掘期，但是对于传统金融来说已经是很司空见惯的优化收益和风控的常见操作。Pendle作为头部收益协议能为Terminal，Converge和Ethena 构建一个更成熟的收益管理层，同时也能更好开启KYC 限定的机构级访问。 简单来说，中短期的利好奶奶觉得还是值得小小期待一下。 但是耳提面命一下，你的投资必须由你自己负责，请认真学习，DYOR，做好自己的风控。 💫顺提： Ethena的7月Pendle PT在 @aave 还有一丢丢额度，循环贷小能手们走过路过表错过。9月PT已经在投票阶段，预计下周上线。 💫还不会用Pendle么么么？ - 全DeFi最欢乐贴心的中文电报社区（有开新手频道） https://t.co/1jaELLjr49 - 官网中文教学 （从小白到进阶）https://t.co/XPfbGGzj5h
@pendle_grandma· about 1 month agoEthena的ENA今天上了韩国所Upbit以后，昨晚悄咪咪上线Pendle的 @Terminal_fi 的三个池子也很快超过了一千万美金-不愧有泡菜premium的加持 🔥 💫Terminal是啥？ 就是那个先前跟Ethena官宣的很红很红的Converge chain上的DEX。 宏观愿景来说Ethena开始走机构风，Terminal 就是专门为机构资产和收益型稳定币打造的流动性枢纽。 目前Terminal 在预存阶段，在Pendle上可以赚取更高 Roots 积分，同时还可获取 Ethena 的 SATS和EtherFi积分。 Ethena这么多季做下来，口碑也是比较稳重。 Yield trading收益交易在DeFi还处于一个生长和价值发掘期，但是对于传统金融来说已经是很司空见惯的优化收益和风控的常见操作。Pendle作为头部收益协议能为Terminal，Converge和Ethena 构建一个更成熟的收益管理层，同时也能更好开启KYC 限定的机构级访问。 简单来说，中短期的利好奶奶觉得还是值得小小期待一下。 但是耳提面命一下，你的投资必须由你自己负责，请认真学习，DYOR，做好自己的风控。 💫顺提： Ethena的7月Pendle PT在 @aave 还有一丢丢额度，循环贷小能手们走过路过表错过。9月PT已经在投票阶段，预计下周上线。 💫还不会用Pendle么么么？ - 全DeFi最欢乐贴心的中文电报社区（有开新手频道） https://t.co/1jaELLjr49 - 官网中文教学 （从小白到进阶）https://t.co/XPfbGGzj5h
@BSCNews· about 1 month agoGRAYSCALE SLASHES TOKEN WATCHLIST, ADDS BONK, HYPE, AND AI PLATFORMS - Grayscale Investments has trimmed its Q3 “Assets Under Consideration” list to 31 tokens, down from 40 last quarter. - The updated lineup reflects a sharper focus on high-conviction projects with real-world use, strong fundamentals, and alignment with sector trends like artificial intelligence and decentralized finance. Meme Coins and AI Share the Spotlight: - Meme coin $BONK and DeFi platform @HyperliquidX (HYPE) stood out among the new entries. - AI-native assets such as Prime Intellect, Grass, and Story Protocol also made the cut. Smart Contracts and DeFi Are Still King: - Projects like @Arbitrum, Mantle, @Aptos, and Monad reflect confidence in Layer 1 and Layer 2 networks. - On the DeFi side, @pendle_fi, Maple Finance, and Ethena were recognized for pushing innovation in yield generation and collateralized lending. Cross-Chain Projects Gain Momentum: - Protocols like @LayerZero_Core and Wormhole were flagged for their role in connecting siloed blockchains — a challenge that still hampers DeFi and NFT liquidity today. Notable Removals: - TRON, VeChain, and Immutable didn’t make the Q3 list. The exclusions point to Grayscale’s ongoing effort to prioritize quality over quantity, possibly influenced by development activity or compliance risks. SEC Delays Avalanche ETF: - On the regulatory front, the SEC has postponed its decision on Grayscale’s proposed Spot Avalanche ETF. - The delay, though unsurprising, reminds investors of the regulatory gap that still exists between Bitcoin and altcoins when it comes to ETF approval.
@WuBlockchain· about 1 month agoSouth Korea's largest crypto exchange, Upbit, will list ENA trading pairs with KRW, BTC, and USDT, with trading starting at 5:00 PM local time on July 11. Ethena is a Delta-neutral stablecoin protocol based on ETH. https://t.co/5B4cYg56UK
@BTW0205· about 1 month ago⚡️发现 Pendle 上线了 Terminal 的新池子，先放点进去试试水—— 看了下上线的几个资产：tUSDe、tETH、tBTC，尤其是 tUSDe，天然适合 PT/LP 玩法。 现在正值预存阶段，有额外的积分加成，性价比比较高： 🔺Terminal 自家 60x Root 积分 🔺叠加 50x Ethena Sats 🔺存 tETH 还能撸 Etherfi 积分 Terminal 这个项目可能很多人不了解，它主打的是给机构资产配流动性的 yield trading DEX，挂在 Converge 上，定位偏向 TradFi 接入。 说实话，现在像 @pendle_fi 这种已经把收益拆得很细的协议，后续能走得更远的关键，就是怎么把自己嵌进更大体量的金融体系中。这点上，Terminal 的定位还蛮对味的。 我这边先搞了点 PT 和 LP，如果后面 Terminal 起量，有机会吸引一波机构流动性进来。 到时候如果再开放抵押借贷，就可以直接接 Morph 的杠杆搞理财了！ 现在tUSDE PT利率8.8%，LP利率21.6%，可以关注一下：https://t.co/808Qiwrw1U @tn_pendle
@WuBlockchain· about 1 month agoGrayscale updated its list of assets under consideration on July 10, 2025, structured according to its Crypto Sectors framework. Newly added candidates include smart contract platforms such as Celo, Mantle, Toncoin, MegaETH, and Monad; financial assets like Aerodrome, BNB, DeepBook, Ethena, Euler, Hyperliquid, Jupiter, Kamino Finance, Lombard, Maple Finance, Morpho, Pendle, and Plume Network; consumer and culture assets Bonk and Playtron; AI-related assets Aixbt, Grass, Prime Intellect, Story, and Virtual; and utility-focused assets Jito, LayerZero, Walrus, and Wormhole. https://t.co/b1IElP4aNp
@detf_official· about 1 month agoNew Listings 🎉 We’re excited to announce the new listings of: ⚡️ Injective | $INJ ⚡️ Ethena | $ENA ⚡️ Immutable | $IMX Start trading them now: https://t.co/B9Mx5CoAT3 $DETF #RWA #crypto #listing
@lifiprotocol· about 1 month agoBridge Usage Patterns for @ethena_labs: June 2025 📆 We analyzed all bridging processed through LI.FI for Ethena last month. The goal was simple: understand how volume was distributed across bridges. Key findings: > @glacislabs: 77.94% > @RelayProtocol: 16.26% > Others: 5.7% spread across 8 other bridges Why did Glacis outperform others? No slippage and same fees across all routes, a result of mint-and-burn model. It gives it an edge when solvers either lack inventory or add markups for the same execution. But none of this was pre-set. Bridge selection is dynamic: based on cost, availability, and asset coverage at execution time. That’s what LI.FI enables behind the scenes. Whatever the path, LI.FI gets users where they need to go. All interop out of the box — powered by LI.FI 🫡
@Securitize· about 1 month agoRT @ayyyeandy: RWA Tier List Q3 2025: S: BlackRock Securitize Tether Circle A: Ondo Paxos Sky Ethena B: Superstate Tradable Spiko C: Centrifuge Backed Finance Mercado Bitcoin D: Tron Stellar F: Ripple
@blockchain· about 1 month agoIs the four year cycle over 🤔 @ethena_labs Head of Research @ConorRyder joins this episode of Blockchain Bylines to discuss the Ethena roadmap, the synthetic dollar and macro economic bets. 🎧 Watch here: https://t.co/63f8orUnmt https://t.co/yZAszRfAdM
@ayyyeandy· about 1 month agoRWA Tier List Q3 2025: S: BlackRock Securitize Tether Circle A: Ondo Paxos Sky Ethena B: Superstate Tradable Spiko C: Centrifuge Backed Finance Mercado Bitcoin D: Tron Stellar F: Ripple
@panamaXBT· about 1 month agoRT @ayyyeandy: Tokenization mania incoming. Stablecoin supercycle is in progress. Powered by Circle, Tether, Ethereum, Aptos, zkSync, Ethena, Sky, Aave, Chainlink, Morpho, Frax, RedStone, Maple, Securitize, Paxos, Ondo, Plasma, and many more. https://t.co/zwbqenR2D5
@ayyyeandy· about 1 month agoTokenization mania incoming. Stablecoin supercycle is in progress. Powered by Circle, Tether, Ethereum, Aptos, zkSync, Ethena, Sky, Aave, Chainlink, Morpho, Frax, RedStone, Maple, Securitize, Paxos, Ondo, Plasma, and many more. https://t.co/zwbqenR2D5
@pendle_fi· about 1 month agoRT @ethena_labs: Ethena x @Aave x @pendle_fi update: - July USDe PT capacity has increased by $50 million - September sUSDe PT has been approved for the coming week https://t.co/i5VtCYNW2o Ethena PTs are in the 8% range while Aave borrow rates are steady at ~2.5-5% across USDtb, USDC and USDT https://t.co/dVS4sskRDg
@ethena_labs· about 1 month agoEthena x @Aave x @pendle_fi update: - July USDe PT capacity has increased by $50 million - September sUSDe PT has been approved for the coming week https://t.co/i5VtCYNW2o Ethena PTs are in the 8% range while Aave borrow rates are steady at ~2.5-5% across USDtb, USDC and USDT https://t.co/dVS4sskRDg
@pendle_fi· about 1 month agoFast track you sUSDe LP yields + Ethena Sats 👇 🔹LP-sUSDE-25SEP2025 / USDC: https://t.co/pT7b9k05wC 🔹LP-sUSDE-31JUL2025 / USDC: https://t.co/f7p8v4rnHK https://t.co/MpJRJ3bzuf
@notsofast· about 1 month ago"I'll just go over the ethena docs I guess, and figure out the nature of the geoblock" "...oh" https://t.co/XrluN2IszT
@notsofast· about 1 month agopendle. pendle is also goated. I am dumb though, I worked through what it was/did early on when grinding ethena points and then forgot to make a position now I forget what pendle does and have to relearn lol
@eco· about 1 month agoFor years stablecoin experimentation stalled, until @ethena_labs reignited the spark. On @therollupco, @eco_incorp CEO @rynesaxe credits Ethena with catalyzing a new wave of stablecoin innovation and opening the door for fresh models like USDe. https://t.co/5oietyOcCc
@pendle_fi· about 1 month agoRT @PendleIntern: Ethena PTs are serving up 7.5%–8.5% Fixed APY. To put that into TradFi terms, that’s right between bond yields with a B rating (~6.8%) and CCC rating (~12%): B-rated bonds: Speculative, non-investment grade, high credit risk. CCC-rated bonds: Basically junk. Poor quality, default risk very real. Now compare that to Ethena PTs. Instead of relying on “hehe IOU” paper contracts issued by shaky corporations, Ethena PTs are permissionless and enforced by smart contracts. No counterparty risk, no fine print tricks. Yes, DeFi has its own risks - smart contract bugs, depegs... But are they really worse than betting on junk bonds issued by a dying mall chain or overleveraged real estate play? Since launch, over $6.2 BILLION of Ethena TVL has matured, and every single PT has been redeemed without issue. Ethena assets are undergoing battle-tests on a daily basis, especially in these volatile times and are still bravely trudging on, with not a hiccup in sight 🤞 The point is, this is why whales and institutions are circling around PTs: on a risk-adjusted basis, they’re some of the most attractive yield instruments available, onchain or off. If TradFi is still willing to bet on some poor soul issuing debt at CCC just to make payroll next month, then surely it’s time they take a closer look at DeFi’s top-tier bluechips. Pendle works. And that’s why we’re working tirelessly to make “TradFi Citadel” a reality. Because when you show institutions that yield doesn’t have to come from a sinking ship, but from a self-executing vault built on code—they’ll start to see PTs not as a gamble, but as a new standard. It’s not junk. It’s yield, redefined.
@PendleIntern· about 1 month agoEthena PTs are serving up 7.5%–8.5% Fixed APY. To put that into TradFi terms, that’s right between bond yields with a B rating (~6.8%) and CCC rating (~12%): B-rated bonds: Speculative, non-investment grade, high credit risk. CCC-rated bonds: Basically junk. Poor quality, default risk very real. Now compare that to Ethena PTs. Instead of relying on “hehe IOU” paper contracts issued by shaky corporations, Ethena PTs are permissionless and enforced by smart contracts. No counterparty risk, no fine print tricks. Yes, DeFi has its own risks - smart contract bugs, depegs... But are they really worse than betting on junk bonds issued by a dying mall chain or overleveraged real estate play? Since launch, over $6.2 BILLION of Ethena TVL has matured, and every single PT has been redeemed without issue. Ethena assets are undergoing battle-tests on a daily basis, especially in these volatile times and are still bravely trudging on, with not a hiccup in sight 🤞 The point is, this is why whales and institutions are circling around PTs: on a risk-adjusted basis, they’re some of the most attractive yield instruments available, onchain or off. If TradFi is still willing to bet on some poor soul issuing debt at CCC just to make payroll next month, then surely it’s time they take a closer look at DeFi’s top-tier bluechips. Pendle works. And that’s why we’re working tirelessly to make “TradFi Citadel” a reality. Because when you show institutions that yield doesn’t have to come from a sinking ship, but from a self-executing vault built on code—they’ll start to see PTs not as a gamble, but as a new standard. It’s not junk. It’s yield, redefined.
@BTW0205· about 1 month ago🧐降息一来，链上收益市场就要重估了丨Pendle 可能是稳定币浪潮中的最大受益者！ 这几年，我们见过太多“未来属于稳定币”的叙事，更多是在技术灰区里的合规尝试。 但从去年下半年开始，稳定币正在进入一个全新的阶段——制度化的共识开始确立： 1）美国的《GENIUS Act》已经在众议院通过，首次为美元稳定币设立联邦监管框架； 2）韩国 FSC 发布稳定币发行指南，鼓励银行参与； 3）欧盟 MiCA 法案正式生效，要求稳定币必须具备储备披露与托管机制。 香港也在跃跃欲试。这些动作背后释放一个核心信号： 稳定币在特朗普这一任期中，一定会成为国家级金融架构的组成部分。 接下来必然会发生的两件事—— --实体机构（沃尔玛、富国银行、Revolut）开始试水发行稳定币 --TradFi 会用稳定币管理浮动资金、参与链上收益产品 但这些稳定币本身不是价值创造者，如果只是链上躺着吃利率，那依然是低效的资本。它们需要结构、需要流动性、需要市场参与。 所以一个关键问题来了： 在这样一个制度化进程中，谁能成为稳定币收益市场的承载者？ 1⃣降息周期下的稳定币新价值锚 我觉得这个问题需要结合大环境来看—— 最近市场对降息的预期越来越强，尤其是在美联储释放出“今年可能降息 1-2 次”的信号后，链上的资金结构也悄然发生变化。 我们需要一个逆向视角： 从传统金融的角度看，降息往往意味着风险偏好上升，现金回报下降，也会压缩掉部分固定收益类资产的吸引力。对RWA类资产尤其敏感——因为它们直接依赖于链下利率曲线，对链上用户来说玩法空间变得更窄。 但对于DeFi原生稳定币不同，它们不靠“息差”吃饭，降息反而是一次难得的窗口期： --没有链下债务负担，不受Fed利率掣肘 --灵活部署、组合各种链上收益 --更容易吸引寻求弹性配置的TradFi用户 换句话说，降息 = TradFi 收益缩水，DeFi 相对更香。 所以，这一轮降息真正的受益者，不会是那堆 token 化国债。而是DeFi 原生的稳定币协议，以及，能把这些稳定币“做活”的结构化协议。 这才是 @pendle_fi 这种结构协议在这个阶段的关键角色——承接结构性收益的锚定需求。 2⃣Pendle：当下链上稳定币市场最强的流动性场景 过去一年，Pendle经历了重要转型和突破。根据 @tn_pendle 发布的报告—— 1）TVL 创下新高（52.9 亿美元），其中 87% 都是稳定币资产 2）主力池稳定币化趋势明显（USDe / USDO / AID / USDF） 3）用户数突破 7 万，交易量超过 160 亿美金 不止是DeFi农民工散户在搞锁息撸分，现在连机构也开始把Pendle当作结构化收益前端来用—— 🔺Republic、Spartan、Amber 等开始用 PT 进行稳定币策略管理 🔺Edge Capital 等部署 Pendle 作为套利产品前端 🔺Converge 把 Pendle 纳入 RWA-Fi 收益市场基础设施 在稳定币上收益赛道上，Pendle 已经是一个能进行「标价 + 做市」的协议层。它连接的是： 来自传统金融的浮动资金 来自 DeFi 的收益激励 + 积分价值预期 来自机构的风险控制与对冲需求 目前 Pendle 上有超过 25 亿美金的 PT 被用作 DeFi 抵押品，除此之外，Morpho 和 Silo 也已经开始支持 Pendle的 LP 资产抵押了，其他借贷平台也在推进部署，未来可以释放更大杠杆空间。 这种收益 + 抵押 + 杠杆的复合组合能力，对机构来说能显著提升策略回报。所以，如果你从这个角度去理解： 为什么Pendle 的主力池大部分都是稳定币、为什么机构抢着接入 PT，Ethena 为什么 TVL 暴涨——就会显得非常合理了。 3⃣「收益」本身，能不能成为链上的新资产类别？ 我们今天讨论稳定币，大多数时候还是在看它的支付功能、锚定机制、储备质量。 但当稳定币成为主权框架的一部分，它的用途会发生变化： --TradFi 会用它购买链上结构产品，而非只是跨境结算 --DAO 金库会将它作为收益底座，而非只是静态储备 --Maker、Ethena等协议会围绕它叠加复合收益 未来可能会出现很多合法发行的稳定币，很多 RWA 类的高息产品，很多做市商用 PT 套利的结构策略。这个趋势如果持续推进，我们可能真的会看到： 「收益」本身，将会成为链上的新资产类型。 这也是Pendle 正在慢慢完成的一件很难但非常关键的事，当下能确认的是，它结构性的设计就天然契合这个趋势—— ✅vePendle 模型能稳定吸纳平台价值回流（上半年已回馈1310万美元） ✅主力资产稳定币化，天然具备抗波动、可组合、易估值的优势 ✅结构组合玩法极度适合大资金和机构部署（对冲+锁息+收益交易） ✅如果未来 LP 作为抵押品大规模开放，会释放出新一轮杠杆空间 所以，再次回到开头的问题： 谁能连接 TradFi 资金与 DeFi 收益市场？ 谁能提供标准化收益结构的交易与清算？ 谁能成为这个稳定收益结构里的价格发现地？ 我认为，Pendle 正在接近这个答案。 我建议你们现在都要开始体验一下Pendle，至少开始学习，可以看下他们的中文教学指南： https://t.co/ms9maQeMcJ 感兴趣的可以进Pendle的中文社区，里面有很多关于当下理财的策略可以参考：https://t.co/VXk5k7lA2Y
@eco· about 1 month agoRT @tokenterminal: 🚨 BREAKING: The total stablecoin supply on @ethereum is at an all-time high of $135.4 billion. Some of the biggest contributors to Ethereum's stablecoin economy are: Tether, Circle, Sky, Ethena, First Digital, PayPal, Ripple, Aave, Global Dollar Network, and more. https://t.co/5LL9fEFbqj
@Wise_Token· about 1 month agoRT @tokenterminal: 🚨 BREAKING: The total stablecoin supply on @ethereum is at an all-time high of $135.4 billion. Some of the biggest contributors to Ethereum's stablecoin economy are: Tether, Circle, Sky, Ethena, First Digital, PayPal, Ripple, Aave, Global Dollar Network, and more. https://t.co/5LL9fEFbqj
@CoinDesk· about 1 month agoMARKET: 📊 Year over year, stablecoin issuers have generated nearly $10B in revenue. Tether leads with $6.56B, Circle earns $1.89B, Sky Protocol $384M and Ethena $332M. (Source: @CoinDeskData) https://t.co/bBS8bm06g7
@tokenterminal· about 1 month ago🚨 BREAKING: The total stablecoin supply on @ethereum is at an all-time high of $135.4 billion. Some of the biggest contributors to Ethereum's stablecoin economy are: Tether, Circle, Sky, Ethena, First Digital, PayPal, Ripple, Aave, Global Dollar Network, and more. https://t.co/5LL9fEFbqj
@ayyyeandy· about 1 month agoETHCC takeaways: - stablecoins, stablecoins, stablecoins - robinhood & arbitrum won the mindshare of the entire week - polygon brand feels “back” with Katana and just general feel - ethereum DeFi is in its strongest form since inception - nfts…well, haven’t heard a single thing about them - aave, ethena, etherfi are winning mindshare & real adoption - everyone wants to focus on institutional & compliant DeFi…feels like a necessary evil - haven’t heard any ETH to $10K targets, probs bullish - ppl are relaxed but focused, even being in Cannes - lots of new projects I’ve not heard of
@alliancedao· about 1 month agoCongrats to @liquifi_finance (ALL8) on their acquisition by Coinbase. Liquifi is the leading token management platform, with customers including Ethena, Uniswap, Optimism, and more.
@sgoldfed· about 1 month agoWhat do the following have in common? Bitso/MXNB BlackRock Circle/USDC Ethena Franklin Templeton Gemini Invesco Paxos Robinhood Securitize Standard Chartered Bank UBS USDT0 Wisdom Tree They’re all building financial products on Arbitrum.
@BanklessHQ· about 1 month agoLIVE NOW -- What the Onchain Data Says About Crypto's Next Move @JustDeauIt of the DeFi Report returns to unpack what onchain data says about Bitcoin, ETH, and altcoins. We dive into why the market may be coiling beneath the surface, whether altcoins are due for a “hate rally,” and how valuation metrics reveal surprising accumulation trends. Michael also shares his current portfolio moves, including high-beta bets like Pepe and ENA, and lays out the macro triggers that could spark the next leg up. [TIMESTAMPS] 0:00 Intro 2:19 The HODLer's Fallacy: Rethinking Conviction in a Naturally Extractive Market 7:03 BTC Onchain Data & Price Explanation 15:23 Altcoin Season Index 23:24 ETH & Solana Onchain Data 32:30 Beta Assets Bull Case 38:46 Ethena Memo 51:14 Crypto Equities 55:45 Liquity & The Macro Setup 1:00:53 Michael’s Portfolio Today 1:02:31 How to Value an L1 1:02:53 Quarterly Reports 1:04:40 Closing & Disclaimers
@BTW0205· about 1 month ago🧐 #Binance HODLer空投现第24期 Newton Protocol ( $NEWT ) 投资挖掘和价格分析—— HODLer 空投类项目，我一直当作“低成本布局优质项目”的专属福利通道在对待。 上线 HODLer 空投一般就是踏入了币安现货的门槛，不管是从含金量到优质程度，都还是强于 Alpha 空投的，所以值得研究一下后期的布局可能和走向； 这次币安 HODLer 空投 + 同步上线 Alpha 和现货的 $NEWT Newton Protocol @MagicNewton 是我近期看到最有“基础设施层野心”的项目之一， 说实话，我一开始看到它是“链上自动化 + 授权代理”这种设定时，脑海里第一个冒出来的是：这不就是链上版的“权限触发器”吗？ 但细看之后发现它的野心比我想象的大得多： $NEWT 是否值得关注主要看以下几点： 1️⃣ 它是链上自动化“信任问题”的解法—— DeFi 这些年跑得飞快，但链上“自动化”一直是个灰色地带。 不是靠中心化机器人，就是外部脚本服务。一出错就“权限被滥用”，出了问题还没人背锅。 NEWT 想做的就是把这层基础设施完全链上化，透明、可验证，且可组合。 使用 TEE + zk 技术栈，代理行为可审计、可证明； 自动执行逻辑与权限控制彻底分离，像搭乐高一样拼出个性化策略；用户授权代理后，仍然拥有撤销权，真正做到了“权限可编程”。 举个例子，之前我们链上搞个定投、金库发钱、DAO 执行个操作，全靠机器人或者脚本，中心化 + 不透明得一批。 Newton Protocol 就是搞了个全链上的授权框架，TEE + zk 加持那种，可以定义权限、授权执行，甚至撤销权限，全程可审计。 ——有点像链上的“操作系统 + 审计记录 + 自动交易”合体版本。 2️⃣ 初始流通结构健康，散户空投占比大—— NEWT 初始流通 21.5%，其中空投部分占据 10%，另有 7.1% 做 CEX、DEX 的流动性支持。 也就是说，当前散户可交易的流通筹码相对集中，没有太多机构压力 + 没私募成本盘 dump 压力。 同时 $NEWT 完全没有做过公开融资，连私募轮都还没开，空投直接成了首批原始持仓。 整体看起来结构很干净。 3️⃣ 自动化 = 新基础设施，估值有想象力—— 它不像 $ETHENA 那样是金融收益类逻辑，而是更靠近 Layer 层和 Intent Infra 的通用范式。 自动化、授权、权限、验证、TEE、zkPermission，这套组合拳意味着： 能成为各种链上 AI 代理的操作底层； 能对接自动交易、金库运维、DAO 治理； 甚至能服务未来的 AI Agent 和 AI 经济体。 现在全链已经有 110 万注册用户，60 万次验证代理行为，已经在跑 demo 版本了。 这样的数据、这样的方向、这样的架构，如果不是出现在牛市启动阶段，很容易被市场错过。 4️⃣需要注意的风险： 1）这个产品复杂度较高，前期用户理解和采纳可能较慢； 2）主打 infra 属性，初期可能缺乏直接现金流； 3）技术高度依赖 TEE 和 zk，后续落地进度和跨链支持值得跟进。 5️⃣行情相关： 最新价格：约 $0.428 6.24 $NEWT 已经上线币安 Alpha 和现货，高开低走后这几日开始回暖，小幅反弹说明市场反应向好。 空投激励下短期关注度集中，造成高振荡行情。6/27解锁+抛盘压力后见底，反弹符合技术修复节奏。 成交量看数亿美元成交量，资金介入力度不弱，对于追涨杀跌的交易者是机会，但不适合情绪化参与。 短线的话可以看机会波段，长期来看的话，最好在主要解锁节点前布局（如 7 月初），看后续生态和链上使用数据支撑，注意风险去做布局！ 5️⃣总结—— Newton Protocol 不止是“自动化”工具，更是为链上 AI 与金融 Agent 建设通用的“可信协调层”。 总之，如果你也在找下一个类似“基础设施 + 自动化叙事”的空投项目，这个 $NEWT 可能值得看一眼。 但是同时也要注意风险，保持节奏！
@DeFi_Dad· about 2 months agoRT @smykjain: When starting the work around Fluid about 3.5 years ago. The first question was how can we make a DeFi protocol 10x better than anything out there. We were not a great salesman but a team of cracked 10x engineers who loves finance & maths. Since then every design principles on Fluid has been in line to achieve that. - Created an infra (liquidity layer) which can host 100s of DeFi protocol. - Algorithmic innovation to make liquidation 100x better liquidation allowing highest LTVs for end user. - Introduced new financial primitives with smart collateral & smart debt. On going developments: - Jupiter Lend (Fluid on Solana): bringing all the innovation did on Ethereum to Solana (going live in 1-2 months) - DEX v2: Creating the most advanced DEX, will be launching on Ethereum first in 1-3 months) - Lite USD vault in works. Doing research on: - Sophisticated LP strategies to be build on DEX v2 (how Ethena tokenized basis trading can we tokenize LP strategy while eliminating all the economic risk for end users?) - Most advanced perp market (rethinking how the whole perp should work) Fluid! 🌊🌊🌊🌊🌊
@smykjain· about 2 months agoWhen starting the work around Fluid about 3.5 years ago. The first question was how can we make a DeFi protocol 10x better than anything out there. We were not a great salesman but a team of cracked 10x engineers who loves finance & maths. Since then every design principles on Fluid has been in line to achieve that. - Created an infra (liquidity layer) which can host 100s of DeFi protocol. - Algorithmic innovation to make liquidation 100x better liquidation allowing highest LTVs for end user. - Introduced new financial primitives with smart collateral & smart debt. On going developments: - Jupiter Lend (Fluid on Solana): bringing all the innovation did on Ethereum to Solana (going live in 1-2 months) - DEX v2: Creating the most advanced DEX, will be launching on Ethereum first in 1-3 months) - Lite USD vault in works. Doing research on: - Sophisticated LP strategies to be build on DEX v2 (how Ethena tokenized basis trading can we tokenize LP strategy while eliminating all the economic risk for end users?) - Most advanced perp market (rethinking how the whole perp should work) Fluid! 🌊🌊🌊🌊🌊
@EmberCN· about 2 months ago. @CryptoHayes 这 "前脚奶，后脚卖" 的招式屡用不爽啊😂： 他在过去 5 小时里将 246.8 万枚 $ETHFI ($2.21M) 枚进币安跟 Galaxy Digital (也进入了币安)，获利 $102 万。 而他最新的推文还是前天转发的项目方 @ether_fi 的推文奶了一口 (我引用的这条)😂 奶完就卖是他的惯用伎俩了，去年 12 月份的时候，他前脚转发了一篇 Ethena 的奶文，后脚就把 ENA 解质押转进了币安👉：https://t.co/pM8jmOHZ2b 这次的 $ETHFI 是 Arthur Hayes 在 4 月份低点时通过 @flowdesk_co 以 $0.5 的价格购买了 237.6 万枚 $ETHFI ，今天以 $0.89 的价格转进 CEX，赚到 $102 万。 地址链接🔗👉：https://t.co/xUaSGPsDyV 本文由 #Bitget｜@Bitget_zh 赞助
@wublockchain12· about 2 months ago吴说获悉，Ethena Labs 表示，Terminal 正在构建一个以 sUSDe 与机构资产为核心的流动性枢纽，并开启早期存款计划，支持 USDe、WBTC、ETH 存入。sENA 持有者将开始累计 Terminal 奖励，或与未来空投挂钩。此外，Terminal 积分将新增至 sENA 页面，作为与 Ethena 及其他协议共同组成的奖励分类之一。https://t.co/eURlGZRQeq
@hellosuoha· about 2 months ago6.27梭哈晨报： 只能说真实的crypto圈子很难玩，虚构的crypto圈子真简单。 1. $BTC 很稳定，基本上没怎么跌，确实是已经脱离crypto的存在了，作为web3在美股的代表了； 2. $ETH 冲高回落，暂时也找不到上涨或者下跌的理由，估摸着就是震荡吧； 3. $SOL 弱的可怕，昨天早上冲高后就一路向下，可能是因为我持有sol的原因吧，不然我也不知道为什么自从我买入后就一直表现弱； 4.Coinbase CEO：公司每周都在增持比特币； Coinbase 股票创下历史新高收盘价，过去一个月飙升 40%； 5.DWF Labs 合伙人：将推出加密资产抵押借贷服务平台 Nex meta； 6.Bakkt 提交 10 亿美元募资计划，拟部分资金投资比特币等数字资产； 7.路透社：提供代币化股票交易的平台Dinari 率先获得美国许可提供代币化股票； 8.与特朗普有关联的World Liberty向阿联酋基金出售了价值 1 亿 美元的WLFI代币； 真好，又赚1个亿； 9.白宫数字资产政策顾问：美国正在着手建设战略Bitcoin储备基础设施； 10.美国参议员Lummis透露加密市场结构法案将于八月前公布； 11.Ripple 通过 Wormhole 集成扩展 XRPL 互操作性； 12.Ethena Labs 公布 USDe 代币持有者赎回计划详情； 13. @SaharaLabsAI 上线，一路向南，不回头； 买入的和项目方都懵了，怎么做空的这么强大； ----------- 确实是做空赚钱的概率比做多更高，但是做空确实是赚不到啥钱，一个1500%的收益率，也就赚点生活费，还不如隔壁做多-20%亏的多😂。 #Bitcoin #Ethereum #Solana #Crypto
@pendle_fi· about 2 months agoThe Pendle x @ethena_labs x @Re special: 🔹reUSD (18 Dec 2025) 🔹reUSDe (18 Dec 2025) Earn high-yield reinsurance contracts + 5x Ethena Sats for reUSDe 👇 https://t.co/fgCSqbpjxF
@SiloFinance· about 2 months agoRT @PendleIntern: Because my good man @SiloIntern is literally on his hands and knees begging for it... gargling on it... SCHLUCKING on it even... Here's a snapshot of the highest yielding (and pointing) strategies on Silo. Enjoy up to: 👉 80% APY on stablecoins 👉 424x Ethena Points https://t.co/hotsuDJoSy
@PendleIntern· about 2 months agoBecause my good man @SiloIntern is literally on his hands and knees begging for it... gargling on it... SCHLUCKING on it even... Here's a snapshot of the highest yielding (and pointing) strategies on Silo. Enjoy up to: 👉 80% APY on stablecoins 👉 424x Ethena Points https://t.co/hotsuDJoSy