Ethena’s USDe beats DAI to become 3rd-largest stablecoin
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields. Go to Source
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Amber Group Moves ENA As Pantera Capital Ramps Up Holdings
In a significant transaction, an address linked to Amber Group withdrew 6.92 million ENA tokens from Binance approximately 10 hours ago. The withdrawal, valued at $4.78 million, has been split between two wallet addresses. Notably, the tokens sent to the receiving address have yet to be sold or transferred further. Amber Group 关联地址 10 小时前从 … Read more
Arthur Hayes Ramps Up ENA Holdings As Token Surges Over 21%
BitMEX founder Arthur Hayes has made headlines again, withdrawing 10.36 million ENA tokens worth $7.49 million from Binance. Over the past two days, Hayes has accumulated a total of 16.79 million ENA from Binance, Bybit, and Wintermute Trading. His average purchase price for the tokens is estimated at $0.666, translating to an investment of $11.19 … Read more
Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval. Go to Source
Ethena Foundation Approves $ENA Fee Switch As Whale Eyes $900K Profit
The Ethena Foundation has announced that the proposal by @wintermute_t to activate a fee switch for $ENA has been approved by the Risk Committee. This marks a significant development for the token, with the Foundation now collaborating with the committee to finalize the parameters for activation by November 30. Details on the precise implementation mechanics … Read more
Ethena adopts fee-sharing proposal for ENA token
Now the protocol is working on a value accrual mechanism for ENA stakers. Go to Source
Top Revenue-Generating DApps Of Q3 2024: From Memecoins To DeFi Giants
The decentralized application (DApp) space continued to show impressive revenue growth in Q3 2024, with a range of platforms across various blockchain ecosystems generating millions. Here’s a closer look at some of the highest-earning DApps this quarter. Leading the charge is Pump.fun, a Solana-based platform for minting memecoins, which saw record-breaking growth, generating $262 million. … Read more
Anchorage Digital Boosts $ENA Holdings As Ethena Labs Faces Scrutiny And $USDe Gains Momentum
In a significant move, a newly active wallet, 0xc04—associated with Anchorage Digital—made a notable withdrawal of 10.7 million $ENA (worth approximately $3.96 million) from Binance just 8 hours ago. This transaction stands as Anchorage Digital’s largest single $ENA trade to date, positioning $ENA among its top assets. The fresh wallet 0xc04 (linked with Anchorage Digital) … Read more
$ENA Sees Strong Accumulation As Smart Traders Dive In, Price Surges 55% In A Week
$ENA has entered the Accumulation Zone according to Smart Dex Traders, signaling a strong buy trend. Over the past seven days, these savvy traders have acquired 1.34 million $ENA tokens, worth around $506,100, at an average price of $0.32. As of now, the price of $ENA has surged to $0.40, reflecting a solid return for … Read more
Ethena Revises Airdrop Conditions: Key Changes And Market Implications
Ethena has recently updated the claim conditions for the second phase of its ENA airdrop, introducing several significant changes that may impact both token holders and the broader market. First, the original requirement that 50% of the airdropped ENA tokens must be re-staked has been canceled, allowing participants to withdraw all their airdropped tokens without … Read more
