About Ethena
About Ethena
Blog Article
That said, that could also indicate that USDe is exposed to threats regarding exchanges like exchange counterparty threats and external System pitfalls, which traditional stablecoins are not matter to.
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ORBIT is really an open up supply and non-custodial protocol enabling the creation of cash markets. Customers can generate fascination on deposits and borrow property.
Ethena Labs promised to provide an update on new Trade integrations together with UStb timelines Soon.
Change your Bitcoin and its wrapped variants into SolvBTC, only one, unified liquid asset for greatest flexibility and access.
copyright is a US-primarily based copyright exchange the place customers should buy, market and trade various property with rather reduced commissions. Purchasers also can receive rewards by coin staking.
MakerDAO permits the era of Dai, the planet's first unbiased forex and foremost decentralized stablecoin.
Refers to the total sector worth of a copyright’s circulating supply. It is similar on the stock market’s measurement of multiplying price per share by shares readily available out there (not held & locked by insiders, governments)
“There's been two jobs that tried this prior to and each gave up simply because they dropped revenue due to yields inverting,” explained @0xngmi, a co-founder at DeFillama within an X submit. “When yields invert you start losing money, and The larger the stablecoin is the more Ethena money it loses.”
The strategy generates earnings on its backing derivative assets once the perpetual funding costs are positive and passes on some of the profits as yield to traders.
This futures system is similar to the “dollars and have" trade, during which a trader can take a lengthy situation in an asset whilst concurrently offering the fundamental by-product.
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Among the list of vital innovations of Ethena is the web Bond, a financial savings instrument that allows users to get paid benefits in the steady, dollar-denominated asset.