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Ethena Labs

HyENA Volume Crosses $50 Million in First 48 Hours

HyENA Volume Crosses $50 Million in First 48 Hours

The Hyperliquid front-end developed by Based is now the second-largest HIP-3 market.
Terminal Finance Shuts Down After Ethena’s Converge Chain Fails to Launch

Terminal Finance Shuts Down After Ethena’s Converge Chain Fails to Launch

The shutdown comes after months of delays on Converge’s mainnet, leaving Terminal Finance without the ecosystem it was built for.
Ethena Season 4 Rewards Go Live

Ethena Season 4 Rewards Go Live

Users were left waiting for over a month after the synthetic dollar protocol’s Season 4 concluded in September.
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Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash

The synthetic stablecoin’s market capitalization has shed over $5 billion in just three and a half weeks.
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ENA Jumps 4% as First Ethena-Native DEX Ethereal Launches Mainnet Alpha

The Ethena community-approved spot and perp DEX launched its mainnet with early access for USDe-based trading.
Ethena Partners With Jupiter to Launch Solana-Native JupUSD Stablecoin

Ethena Partners With Jupiter to Launch Solana-Native JupUSD Stablecoin

The new token will eventually replace $750 million worth of stablecoins in Jupiter’s liquidity pool.
USDe Deposits on Binance Hit $734 Million as Ethena TVL Tops $16 Billion

USDe Deposits on Binance Hit $734 Million as Ethena TVL Tops $16 Billion

Ethena’s stablecoins continue to attract liquidity while the ENA token lags behind.
Ethena Foundation Seeks to Activate Fee Switch

Ethena Foundation Seeks to Activate Fee Switch

A portion of protocol fees is set to be redirected to ENA holders.
Ethena’s USDe and sUSDe Go Live on Avalanche in Major Cross-Chain Push

Ethena’s USDe and sUSDe Go Live on Avalanche in Major Cross-Chain Push

The $13 billion synthetic dollar expands to Avalanche with DeFi integrations and AVAX rewards.
MegaETH Labs Unveils MegaUSD Stablecoin for Real-Time Apps

MegaETH Labs Unveils MegaUSD Stablecoin for Real-Time Apps

Built with Ethena Labs, USDm is designed to power real-time applications on MegaETH while offering low fees.