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.

ENA-1,9%
USDE-0,02%
HYPE3,73%
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