Ethena USDe: Earn 24% APY with a Tokenized ETH Basis Trade

Defiant PRO

Ethena launched its public mainnet. Ethena is the protocol powering a new delta-neutral synthetic dollar USDe, backed by ETH staking yield and automated, programmatic delta-neutral hedges (shorting ETH).

By: The Defiant Team •

Ethena USDe: Earn 24% APY with a Tokenized ETH Basis Trade

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Ethena USDe: Earn 24% APY with a Tokenized ETH Basis Trade

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