Dear community!🤩

Ethena raises $6.5M funding round for new Ethereum-based stablecoin, USDe. The round was led by Dragonfly, with participation from Arthur Hayes and several major crypto exchanges.

USDe collateralized on Aave on Monad is now eligible for a 1% boost for a total of 5% APY.

@ethena

Recent updates for Ethena (ENA) as of October 2026 center on a major restructuring of its token supply, ecosystem expansion, and new utility for its synthetic dollar, USDe.
Tokenomics and Supply Updates
A significant event occurred on October 5, 2026, when the Ethena Foundation consolidated and released approximately 1.406 billion ENA tokens. binance This move brought forward investor unlocks originally scheduled through March 2028, effectively eliminating the future investor vesting overhang. binance Prior to this, the Foundation had spent several weeks buying out locked tokens from early seed investors who had sold during the October 2025 peak. Yahoo Current remaining future releases are now limited strictly to team and Foundation vesting allocations. binance
Protocol Growth and New Integrations
Ethena is actively expanding the reach of its synthetic dollar, USDe:

Maple has selected Ethena's GENIUS-compliant stablecoin USDtb as a core holding within their USD liquidity buffer supporting syrupUSDC and syrupUSDT.

These products currently hold ~$400m of liquid USD assets within their collateral composition.

@ethena

Ethena assets in the Coinbase DeFi earn product have crossed $300 million, a new all-time high.

@ethena

Ethena-powered dollar savings are now live on Kraken+ in the US.

Up to 4.5% APY on USDe.

@ethena

Ethena has partnered with FalconX.

As part of the partnership, Ethena will invest in stablecoin lending arrangements to FalconX on an overcollateralised basis as part of our institutional lending allocations.

FalconX is able to scale its balance sheet, while Ethena benefits from FalconX's loan origination and secured lending expertise, enabling stronger risk-adjusted terms than are available elsewhere.

@ethena

USDe rewards are now live in the dedicated Ethena ecosystem market on Aave V4 on ethereum.

Find the market here.

@ethena

Starting today: sENA will earn Based Points.

→ Based sits at the core of the Hyperliquid ecosystem, as the largest builder on HyperCore, with mid-8 figures of annualized revenue

→ Based Points will be distributed to sENA and locked sENA holders (higher weighting for locked)

→ Additionally, Pendle has launched a new sENA pool with 40x Sats for YT holders (Pool expires Feb 5th 2026)

Read full details ↓

USDe now backs the full suite of markets on Meridian - perpetuals and predictions, 24/7, on Robinhood Chain.

@ethena

USDe is now live on TRON.

@ethena