By Marco Piccolo Key highlights: M2 Capital has invested $20 million in ENA, the governance token of Ethena, a crypto-native synthetic dollar protocol. The deal supports the integration of Ethena’s products into M2’s regulated wealth management offerings via M2 Global Wealth. Ethena’s USDe stablecoin and sUSDe yield-bearing token have helped the protocol surpass $14 billion […]
Tag: TVL
By Marco Piccolo Key highlights: Flare Network has launched FXRP v1.2, enabling XRP to be used directly in DeFi applications. FXRP is backed by an overcollateralized system and supported by audits and real-time monitoring. Liquidity pools offering up to 50% APR are live as part of FXRP’s incentivized rollout. Trade Crypto on Kraken FXRP brings […]
By admin Key Points: Ethena’s native token ENA failed to break past $0.85 resistance, triggering a 35% decline over two weeks USDe, Ethena’s synthetic dollar, has surpassed $13 billion in supply, securing its place as the third-largest stablecoin by issuance Total value locked (TVL) across Ethena protocols reached $14.22 billion, with Q3 returns hitting $9.25 […]