Defi
Ethena Targets Equity Perpetuals to Boost USDe Yield
TokenPost·August 28, 2026·1 min read
Ethena (ENA), the protocol behind the $4 billion synthetic dollar USDe, plans to expand into equity perpetual futures. The basis-trading strategy targets a market with $6.2 billion open interest, up from under $1 billion in March. Funding rates averaged 14% on Hyperliquid and 17.5% on Binance, boosting USDe yield potential.
Read at TokenPostDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.