Key Highlights: Yield Mechanics Differ: While standard lending earns straightforward yield after embedded platform fees, looped vault models carry heightened exposure to fluctuating debt financing costs. Leverage Sensitivity: In an 11x leveraged vault illustration using $10,000 in starting equity, an increase in borrowing APR from 4.5% to 7.5% turns a 9% net gain into a ...
Key Highlights The on-chain supply of Ethena’s synthetic dollar, USDe, on the Avalanche network has surged by 211% over the past 30 days, surpassing $20 million. Avalanche-based USDe has expanded significantly from mid-September 2026 levels of approximately 5.77 million, supported by LayerZero bridging transfers from Ethereum. The milestone follows continuous ecosystem integration, including native mint ...
Ethena ($ENA) is expanding beyond its yield-generating dollar business with Ethena Pay, a consumer finance app designed to package stablecoins into a bank account-like experience….