Alpha Recap #25: Reviewing HIP-4, Strategy Ready to Sell BTC, and Changes to Ethena’s USDe
BT
US
HYEthena USDe (USDE) Price and Market Data
Explore real-time Ethena USDe (USDE) price information, market cap, trading volume, and price changes. View the live price chart, read our in-depth analysis, and stay updated with the latest Ethena USDe news and market trends.
Ethena USDe price chart+0.12%
Ethena Labs is a decentralized finance (DeFi) protocol on Ethereum whose main product is USDe, a synthetic stablecoin backed by the US dollar. It aims to be a sort of "Internet bond" with a specific collateral mechanism secured by the cryptocurrencies stETH, WBETH, mETH, WETH, and USDT. Specifically, when a user deposits any of these cryptocurrencies, the protocol opens an equivalent "short" position to hedge against potential declines.
Related alpha
Alpha Drop
Last monthCoinbase Partners with Ethena and Invests in ENA
Bullishinsight
EN
USUS
COPremium subscribers onlyRead alpha →
Alpha Drop
2 months agoUp to 42% APY with USDe on Kamino and Jupiter Lend
Neutralyield
US
KA
JUPremium subscribers onlyRead alpha →
Alpha Drop
2 months agoUSDe: How Gold Could Become Part of Ethena’s Collateral Framework
Bullishinsight
USPremium subscribers onlyRead alpha →
Alpha Drop
3 months agoAn Analysis of Ethena's New USDe Model
Bullishinsight
USENPremium subscribers onlyRead alpha →
