ENA's 24-hour price gain has widened to 25.6%, hitting $0.28.
42 minutes ago
According to HTX market data, ENA (Ethena) has seen its 24-hour gain widen to 25.6%, hitting $0.28. On September 25, synthetic dollar protocol Ethena announced a partnership with Binance to expand USDe’s basis strategy from crypto perpetual contracts to stock perpetuals. The move involves spot buying tokenized stock certificates bStocks issued by Binance’s affiliate, while hedging by shorting USDT-denominated stock perpetuals on the same platform. For more analysis, see "Behind ENA’s Surge: How Significant is the Impact of Ethena’s Integration with US Stock Perpetuals?"
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