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Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra

"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.

Updated Apr 12, 2024, 4:00 a.m. Published Apr 12, 2024, 4:00 a.m.
Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)
Ethena's total value locked surged 12-fold in 60 days. (DefiLlama)