Engineering
Why Ethereum Gas Price Estimation Matters for DeFi Gas price estimation is the backbone of efficient Ethereum transactions, directly impacting the performance and cost of decentralized finance (DeFi) protocols like Ethena. For Ethena, a synthetic dollar protocol, precise Ethereum gas price estimation ensures seamless minting and redeeming of USDe, delivering
News
We’re excited to announce that users who supply USDtb to Aave, Morpho, Euler, and Fluid will now be able to earn promotional rewards from Merkl in addition to supply APR. This represents the beginning of a long-term campaign to drive the adoption of USDtb. Money Markets Aave On
News
Ethena Labs is proud to announce the integration of Coinbase International, via Copper’s ClearLoop solution, as a hedging venue for the backing assets of USDe. Coinbase International’s derivatives open interest has recently exceeded >$1bn and represents a fantastic opportunity to diversify the hedging of the backing assets
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fifteenth attestation report from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
News
Wallet in Telegram, Telegram’s custodial wallet app, is today launching yield functionality for dollars held within the application. This gives Telegram’s 1 billion users, and TON’s $750m dollars direct access to savings-like functionality on digital dollars for the first time, natively within Telegram’s Wallet app.
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fourteenth attestation report from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
News
Ethena has launched natively on the TON blockchain, Telegram’s chosen blockchain, with USDe and the new TON Staked USDe (tsUSDe). USDe and tsUSDe has been integrated into all major non-custodial wallets on TON, allowing users to acquire USDe and stake it for tsUSDe to earn rewards. This integration
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our thirteenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
News
Rewards Campaigns To Date Season 1 and Season 2 of Ethena’s rewards campaigns combined to distribute a total of 1.5bn ENA to our users so far, 10% of ENA’s total supply. Below we outline more details on Season 3 distribution size and timing. Since the inception of
Transparency
Ethena Labs is proud to announce the launch of USDe Proof of Reserves. The solution was created & launched in collaboration with the inaugural Proof of Reserve Attestors: Harris & Trotter, Chaos Labs, LlamaRisk, and Chainlink. USDe Proof of Reserves, in combination with our monthly custodian attestations, are a part
Engineering
TL;DR Today, Ethena Labs launches a Proof of Reserves (PoR) system for USDe, Ethena’s synthetic dollar, to cryptographically prove its backing - transparently reserved, governance-approved, and USD-delta-neutral. Built on AWS Nitro Enclaves, it pulls data from custodians, exchanges, and the blockchain, processes it in a tamper-
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our twelfth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.