No, Ethena’s USDe Didn’t De-peg
During Friday’s turbulent market sell-off, Ethena’s synthetic dollar, USDe, which maintains its 1:1 peg to the USD through cash-and-carry arbitrage,…
ethena
Read More
MEXC Ventures Raises Ethena Investment to $66M
MEXC Ventures has doubled down on its investment in the Ethena ecosystem, bringing its total exposure to $66 million, according…
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has invested $20 million in Ethena’s governance token, ENA. The…
Ethena Joins Race for Hyperliquid’s Stablecoin With BlackRock-Backed Proposal
Decentralized finance protocol Ethena ENA$0.8164 submitted Tuesday a proposal to issue Hyperliquid’s upcoming stablecoin, joining a bidding race that has…