Ethena Labs
Ethena Proposes Replacing 7-Day sUSDe Unstaking Period With Dynamic Cooldown
As perpetual futures positions shrink to just 11% of USDe's backing, the protocol argues its unstaking delay no longer reflects the liquidity available to meet redemptions.
Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
An analysis from WuBlockchain shows basis trade capital at record lows as hedging crowds out leveraged longs, pushing derivatives markets toward an unusual equilibrium.
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
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
Users were left waiting for over a month after the synthetic dollar protocol’s Season 4 concluded in September.
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.
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
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
Ethena’s stablecoins continue to attract liquidity while the ENA token lags behind.
Ethena Foundation Seeks to Activate Fee Switch
A portion of protocol fees is set to be redirected to ENA holders.
