DeFi Platform Earning Yield by Shorting Ether Attracts $300M

Ethena offers a 27{aa99edd08dd66036bd4af6c3dbe8af9b4ab31fcc55a521c2956d094a6dcd3a48} annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.



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