Odaily Planet Daily News: Odaily Planet Daily reported that Ethena officially announced on X that HyENA, a decentralized perpetual contract exchange built by the Based team, using Hyperliquid’s HIP-3 standard and USDe as margin, has officially launched. Ethena stated that HyENA’s USDe long margin annualized yield can reach 12%, while annualized yields for other types of balances are around 5%. HyENA will also be integrated with Ethena’s points program, with more information to be announced soon.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ethena launches HyENA, a perpetual contract exchange with USDe as collateral
Odaily Planet Daily News: Odaily Planet Daily reported that Ethena officially announced on X that HyENA, a decentralized perpetual contract exchange built by the Based team, using Hyperliquid’s HIP-3 standard and USDe as margin, has officially launched. Ethena stated that HyENA’s USDe long margin annualized yield can reach 12%, while annualized yields for other types of balances are around 5%. HyENA will also be integrated with Ethena’s points program, with more information to be announced soon.