Ethena distribution growth and ecosystem expansion

For Ethena's July recap, the pace is the point, and distribution is the moat. > $200M+ in $ENA assets on Robinhood Chain, $250M+ in the @coinbase USDe vault, both inside 30 days. > Gate shipped its first USDe earn product, Bybit and every onboarded minter got zero-fee USDC minting. > Kraken added USDe on Avalanche, @LidoFinance slotted it into EarnUSD, @OriginProtocol opened the sUSDe ARM, and USDe went live across @monad. Most stablecoins fight for one distribution win at a time. @ethena is stacking them in parallel, across CEXs, DeFi curators and a brand-new consumer chain at once. Each integration makes holding USDe the path of least resistance for a different audience. As I've been tracking RH quite closely, I've seen how Ethena was the first few movers on the chain, and now @meridiandotxyz even has USDe-native prediction markets which is amazing to see. One day, you might see a USDe relation on every app you use.