As of March 26, Ethena (ENA) price increased 14.98% to $0.10898, with a market cap of approximately $925 million. Ethena is a synthetic dollar protocol based on Ethereum, launching USDe and sUSDe products, supporting multi-chain deployment, and offering 3.5% APY yield.

Gate News reported that on March 17, Ethena announced that WalletConnect has added support for USDe payment functionality. USDe is a synthetic US dollar stablecoin launched by Ethena.

Gate News reported that on March 13, stablecoin protocol Ethena announced an update to the sUSDe unstaking mechanism. The new mechanism will adjust the unstaking cooldown period from the previously fixed 7 days to a dynamic model, with the cooldown period floating between 1 to 7 days, depending on the proportion of liquid stablecoins in USDe reserve assets.

Gate News Report: On March 12, Ethena announced on March 13 an adjustment to the sUSDe unstaking mechanism. The new mechanism will change the cooldown period from a fixed 7 days since the project's launch to a dynamic model, linked to the amount of liquid stablecoins available in the USDe reserve. According to current reserve conditions, the sUSDe unstaking cycle has been shortened to 1 day. In the future, the cooldown period will dynamically adjust between 1 day and 7 days based on the composition of liquid assets in the USDe reserve.

Gate News Announcement: On March 10, the Compound Foundation announced via social media that USDe has been added as collateral for USDC and USDT Comets in the Compound v3 mainnet.

BlockBeats News, January 30 — According to official sources, Lista DAO announced that its smart lending platform has officially launched on Ethereum, introducing an LP-based lending model where users can earn LP fee income while borrowing. The initial offering includes a USD1 Vault supporting LP collateral asset combinations such as USDT/USDC, USDT/USDe, USDT/USD1, USDC/USDe, and wBTC/cbBTC.

Gate News bot message, a loop-borrowing whale purchased an additional 985.5 XAUT for $4.98M USDe in the past 24 hours. The whale currently holds 11,029.5 XAUT valued at $55.98M, with a floating profit of $5.86M. Address: 0x85220e6aa75238ba9c80353c6330ebee5142230e Source: Onchain Lens

On January 24th, BlockBeats reported that a whale employing a cyclical lending strategy purchased 604.65 XAUT with $3 million USDe within 24 hours after gold briefly surged past $5000. Currently, the whale holds 10,444 XAUT, valued at approximately $50.2 million, with an unrealized profit of $5.07 million.

Foresight News reports that, according to Onchain Lens monitoring, a whale has spent 42.13 million USDe to purchase 9439 XAUT over the past 25 days through circular lending at a price of $4,463, currently with an unrealized profit of approximately $3.45 million.

Safe Foundation and Ethena Labs have reached a strategic partnership to promote the use of on-chain synthetic USD USDe. Transaction gas costs will be reduced or even waived, and USDe in Safe multi-signature wallets will receive 10x points bonus. This move helps to guide the stablecoin economy towards self-custody.