EconomyEthena targets $120 trillion stock market for yields five times higher than Bitcoin

Ethena plans to extend USDe’s basis-trading strategy into equity perpetual futures, where funding rates have recently been far above Bitcoin’s. The move seeks a new source of returns after falling crypto funding rates weakened the strategy that helped USDe grow, with the synthetic dollar now near $4.04 billion versus a peak of about $15 billion.

EthenaUSDeequity perpetualsfunding yields

CCryptoSlate★★☆☆☆2026-08-28 21:30Original