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Ethena and FalconX have opened a $1 billion secured lending facility that will route assets backing the USDe (USDe) synthetic dollar into overcollateralized institutional loans. Key Points: The facility runs through a special purpose vehicle, with FalconX originating and servicing loans while third-

Ethena (ENA) has notched its strongest monthly earnings since September 2025, even as a negative funding rate threatens to derail a projected 30% rebound. Ethena Earnings, TVL Surge The synthetic dollar protocol generated roughly $605,000 in protocol earnings during the first 17 days of May, marking

South Korea's largest cryptocurrency exchange Upbit listed Ethena's synthetic stablecoin USDe on Tuesday, prompting BitMEX co-founder Arthur Hayes to predict the project's ENA governance token will reach $1. The listing occurred days after Dubai's financial regulator excluded USDe from its approved

BlackRock and Ethena announced plans Tuesday to launch two stablecoin products on the Sui blockchain, sending the cryptocurrency up 8% despite a $143 million token unlock that typically pressures prices downward. The partnership introduces suiUSDe, a yield-generating synthetic dollar, and USDi, back

Ethena's ENA token has posted a 5.5% daily gain and climbed 70% over the past three months, driven by strong technical indicators and renewed investor confidence following the launch of its BlackRock-backed USDtb stablecoin. The token's momentum reflects both fundamental improvements in Ethena's eco