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DeFi Platform Earning Yield by Shorting Ether Attracts $300M

Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.

Updated Mar 8, 2024, 9:47 p.m. Published Feb 20, 2024, 10:21 a.m.
(Pixabay)
(Pixabay)