Not known Facts About ethena
Not known Facts About ethena
Blog Article
Arthur Hayes, former CEO of BitMEX and one of copyright’s most infamous marketplace players, just pulled off a shift which has the entire community speaking. He dumped $eight.4 million worth of Ethena’s ENA tokens on copyright, just two hrs just after praising the undertaking inside a tweet.
Central to that eyesight is a brand new Telegram application that will allow end users to send, commit, and save sUSDe in the messaging platform.
Disclaimer. The data offered is just not trading suggestions. Cryptopolitan.com retains no liability for almost any investments created according to the information supplied on this website page.
The sale transpires at a time when ENA open up curiosity is usually trending downward, from over $600M to your $400M range. Most of the ENA leveraged positions are still lengthy, and will be liquidated In case the downward craze continues.
Ethena Labs launched its roadmap for 2025, with ambitions of partnering with TradFi businesses. In past times calendar year, Ethena dispersed its stablecoin to decentralized protocols, displaying it was a dependable asset for lending and collaterals.
MC/TVL is utilized to approximate a protocol’s market place benefit vs. the amount in property it's got staked/locked.
Wintermute experienced Earlier mentioned the protocol lacked a proper framework for profits allocation to its holders.
Threat warning and disclaimer: The contents of this Web-site are meant exclusively for that entertainment and knowledge of readers and do not provide financial investment suggestions or simply a suggestion throughout the context from the Securities Buying and selling Act. The content material of this Web site only reflects the subjective and personal feeling from the authors. Viewers are asked for to type their own individual thoughts on the contents of this Web page and to hunt Expert and impartial assistance before making concrete expenditure conclusions.
We strongly advocate unbiased analysis and/or consultation with an experienced Expert prior to making any investment decision selections.
The launch aligns with broader business developments toward larger institutional involvement in copyright belongings and the development of safer, controlled stablecoin selections.
Market place Cap / TVL Ratio Ratio of industry capitalization around complete price locked of the asset. A ratio of in excess of one.0 refers to its current market cap getting higher than its total price ethena locked.
The synthetic stablecoin protocol aims to cement its place as being a “neobank,” introducing innovative solutions including iUSDe and Telegram-dependent payments in early 2025.
Sponsored In the last 24 hrs, ENA’s buying and selling volume has exceeded $980 million, skyrocketing by 166%. When an asset’s cost rally is accompanied by an increase in buying and selling volume, it signifies powerful investor fascination and current market confidence within the asset’s long term functionality.
The brand new stablecoin operates independently from Ethena’s flagship USDe token and can be utilized like another stablecoin, allowing for seamless and unrestricted transfers.