Lisbon getting ready to kick off the yearly Sardine Festival 🇵🇹
always good vibes and great food across Lisbon.
absolutely one of my favourite parts of the year.
Introducing O(1)
A zero-knowledge protocol artwork. Its title is its thesis: that the entire history of its ownership — however complex or deep — can collapse to a constant, committed to a single slot of Ethereum storage.
[ 72h Open Edition | .01 ETH | June 10 - 13 ]
1/
Paysages Plausibles by @williamapan will be presented at Art Basel as a three-part series designed to immerse visitors in Mapan's approach to art, a give and take between computational practice and hand painted works.
Explore the three relationships between code and material form that will be on display for @ArtBasel Zero 10.👇
Reading between the lines for the upcoming product launch referenced.
Coinbase x Ethena is bullish because it can turn Coinbase’s ~$19B USDC base, with an implied ~$13B of reward-earning balances, into a funding rail for Ethena.
If sUSDe yields clear baseline USDC rates, Coinbase can offer better USDC lending yields, loopers can lever the spread, and Ethena gets deeper/cheaper funding than native DeFi alone.
Aave mechanics, Coinbase distribution.
We think Ethena will keep finding compelling ways to source yield across all markets, especially as RWAs and more financial activity move onchain. Coinbase gives it a much larger funding base to apply that yield against.
@Delphi_Ventures are investors in @ethena
Six years in the making.
We couldn’t be more excited for the mint tomorrow - June 3rd, 12pm ET.
Quick update: We’re working through the allowlist to make sure everyone is accounted for.
If you don't see your spots live on the wallet checker on https://t.co/g5Dkc3TfSB - please dm our team at @glifsbyefdot, and we will sort it out.
(@efdotstudio's in Lisbon prepping to paint a mural at @nfcsummit! will be slower to reply)
We will give the final update to check on the mint page later today, thank you for you patience and support!
In the meantime, let’s co-create https://t.co/SUwg4BvmOE
Ethena and @coinbase have partnered to grow onchain finance and savings products for their 100m+ userbase, with the first growth initiative launching next week.
Alongside this partnership Coinbase Ventures have also made their first investment into Ethena on the open market.
Must read on recent quantum computing developments.
The one thing I would add is that it’s likely that once the engineering challenges of building a quantum computer get solved then Bitcoin keys will start being solved in a matter of months.
Rather than a situation where people publish Shor results on small fields and then gradually ramp up to BTC
Our @Kickstarter is now LIVE.
Meteors. Satellites. Drones. Aircraft. Auroras. UAP.
SkySphere combines edge AI, trusted timing systems, and real-time detection software to transform raw sky imagery into actionable, trustworthy sky intelligence.
Observe. Replay. Detect. Contribute.
Built for wonder. Designed for real-world awareness.
Back the future of continuous sky observation 👇
https://t.co/bDKrt5E41b
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 @SunriseDeFi.
• 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.