The LIGHTER, BCH and XMR perpetual markets are being delisted.
On July 15, each market enters delisting pricing, with LIGHTER beginning at 11:00 UTC, BCH at 12:00 UTC and XMR at 13:00 UTC. The mark price converges to a 1-hour time-weighted average of the oracle price, settling shortly thereafter.
Trading then halts and open positions settle at the final mark. If desired, close or adjust positions before then.
The IP perpetual market is being delisted.
Starting 12:00 UTC on July 1, IP enters delisting pricing: the mark price converges to a 1-hour time-weighted average of the oracle price, settling shortly thereafter. Trading then halts and open positions settle at the final mark.
If desired, close or adjust IP positions before then.
The Ethena Exchange Rewards distribution has been released. Eligible wallets can now claim rewards across @hyenatrade and @etherealdex.
Goes without saying. Be careful when clicking any links. Make sure it comes from an official source.
Here's what happened @ethena in May:
• Crossed $500m+ in total Whitelabel supply across @JupiterExchange, @megaeth, and @SuiNetwork.
• Launched dedicated Ethena markets on @JupiterExchange and @KaminoFinance. Combined market size crossed $1b within days of launch.
• ENA went live on @Solana via @sunrise.
• Ethena's TVL on @Solana crossed $500m, up from $50m a month ago, making it Ethena's second-largest chain outside of Ethereum.
• USDe supply grew over 15% in the last 30 days.
• USDtb supply is back above $1 billion, up over 70% in the last 30 days.
• Surpassed $33b in cross-chain transfer volume across all Ethena assets via @LayerZero_Core.
• PT-srUSDe by @Stata_Markets hit $45m supplied on @aave.
• @hyenatrade crossed $2m in all-time USDe rewards to traders.
• @ManifestFinance chose Ethena to back USH, its real estate-backed token.
• @etherealdex expanded user testing for Ethereal Predict, a USDe-native prediction market that lets users combine outcomes into multi-leg positions.
• Published an analysis of the basis trade on gold perpetuals, following the recent post on USDe backing diversification.
• Updated the transparency page with a more detailed breakdown of USDe's backing reserves.
• Published a security post on the recent rsETH incident, covering what happened, the response, and the design decisions that protect USDe.
• Deprecated USDe and sUSDe bridging for several chains focusing security and operational resources where USDe activity is most meaningful.
Weekly HyENA points and Boosted Rewards are now live
100M points have been distributed to HyENA traders. Boosted Rewards are also now claimable for all eligible users.
Dashboards updated.
HyENA has listed BASED-USDE perps.
You can now long or short $BASED with up to 3x leverage and earn up to 12% rewards on your USDe collateral.
Trade now: https://t.co/ZTtfTJiRRx
Crossing $3B in volume says more about behaviour than hype
It shows traders are engaging with @hyenatrade as a system that actually fits how they operate daily
The fact that rewards are flowing back changes the dynamic from pure extraction to something more sustainable over time
What’s been your experience with it?
HyENA has reached $3B in total volume.
Over $1 million in USDe rewards have been distributed to traders since launch. Thank you for making productive margin the standard.