Ethena's USDe Token Gains 8% Boost with Bybit's Backing for Derivatives Trading
Tuesday, 7 May 2024, 16:37
Ethena's USDe Token Increase in Value
Ethena's ENA rose by 8% after Bybit endorsed USDe token for derivatives trading.
Attractive Yield Strategy
The token strategy gathered over $2 billion in deposits.
Risk Scrutiny
Some concerns were raised regarding the potential risks associated with the token.
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