Ethena (@ethena): Here's what happened @ethena in March:
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Here's what happened @ethena in March: • @krakenfx enabled USDe rewards, becoming the first US exchange to offer Ethena-powered savings. • Launched a dedicated ecosystem environment on @aave V4 with two Spokes, more than any other ecosystem. • @privy_io integrated Ethena-powered savings into its wallet infrastructure, bringing access to 120m+ accounts. • Went live on @WalletConnect Pay, enabling merchants to accept USDe at checkout. • $2m+ in USDe rewards distributed to traders on @etherealdex and @hyenatrade. • @etherealdex crossed $120m in open interest backed by USDe. • @hyenatrade crossed $3b in total volume. • Crossed $150m+ in total Ethena Whitelabel stablecoin supply across three native stablecoins. • @BasedOneX confirmed a portion of their token supply will go to sENA holders. • Reduced sUSDe unstaking period from 7 days to 1 day. • Added USDe as collateral on @Compound_xyz V3. • Added fixed-rate borrowing for PT-sUSDe on @lista_dao for $USD1 and $U. • @KappaLab_io listed an open-term USDe market on Wildcat with up to 1m USDe capacity at 10% APR. • Rolled out Ethena incentives on @hyperion_xyz and @the_goblin_fi. • Integrated with @lifiprotocol Composer for single-transaction access to Ethena vaults from any chain. • Presented at @blockworksDAS. • Launched USDe Learn & Earn on @HTX_Global. • @strata_markets USDe market reached $250M in TVL. • Published an engineering blog on the Resolv USR incident and how Ethena's issuance mechanics are built to prevent similar outcomes.