Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy
Based on current data, the stablecoin market has seen a notable expansion. This week…
Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY
On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7%…
Wintermute proposes fee switch for fair revenue sharing in Ethena protocol
The Ethena community is currently reviewing a proposal from crypto market maker Wintermute to…
The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1)…
Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings
The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45%…
Stablecoin Market Adds $1B in Six Days as Major Tokens Expand
In the past month, the stablecoin market has kept its upward momentum, with four out of the top five…
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT)…
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to…
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic…