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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
Now the protocol is working on a value accrual mechanism for ENA stakers. Go to Source
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
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating … Read more
$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’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said. Go to Source
The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform. Go to Source
BitMEX co-founder Arthur Hayes disclosed significant holdings in Ether, Ethena and Pendle, expressing confidence about the next ETH bull market. Go to Source
The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion. Go to Source
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
