Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
Bullish-0.11%
28 Aug, 12:30
Source: CoinDesk
AI Summary
Ethena plans to shift USDe's backing toward real-world asset perpetuals, potentially eclipsing crypto derivatives within 12-24 months.
The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.