Ethena
Arthur Hayes: The USDe Visionary and Fiat Skeptic
Ethena (USDe) has been one of Arthur Hayes' family office’s most prolific investments. It's also a great synthesis of Hayes' fiat-skeptic views.
Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData
Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.
Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
The protocol's rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.
Ethena Labs Proposes SOL for USDe's Collateral
If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.
Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment
The allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.
Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.
Ethena's Yield Machine Sees $1B Outflows as Crypto Market Cools – But There's Good News
The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg.
BlackRock's $500M Tokenized Fund Pitches for Ethena's RWA Investment Plan; ENA Rallies 22%
Ethena's proposal to allocate funds to tokenized real-world assets for yield follows similar actions by crypto lender MakerDAO and Ethereum layer-2 Arbitrum's development organization.
Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.
