Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $ 0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $ 1.36 billion at the …
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $ 150 billion mark on March 20, 2024, with an infusion of an additional $ 1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over the last …
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in the last 30 days. Rapid Growth for Ethena’s USDE Currently, Ethena’s USDE […]