Ethena 2025: Convergence – A New Era for DeFi and TradFi
As we reflect on the past year, Ethena has demonstrated remarkable resilience in the face of a challenging market downturn. Despite the obstacles, our team has worked tirelessly to build a better product, and we are grateful for the trust and support of our users.
A Year of Growth and Achievement
In 2024, Ethena achieved several notable milestones, including:
* Becoming the third-largest dollar asset in the field, with a supply of $6 billion * Experiencing the fastest growth in U.S. dollar assets, reaching $5 billion in history * Achieving an annualized revenue of over $1.2 billion * Becoming the second-fastest crypto startup to reach $100 million in revenue
Ethena’s Vision for 2025
Our goal for 2025 is to drive the convergence of funds and interest rates in DeFi, CeFi, and TradFi. We believe that our product, sUSDe, is the logical next step for traditional finance after ETFs. With its yield-earning U.S. dollar, sUSDe has the potential to become the most important savings asset in the world for wealth preservation.
Expanding Ethena’s Ecosystem
In 2025, we plan to launch a dedicated sUSDe application scenario within the Telegram app, allowing users to transfer, spend, and save in an experience similar to mobile digital banking. We also plan to support innovative protocols based on Ethena sUSDe applications through the Ethena Network.
New Applications and Partnerships
We have announced two new applications:
* Ethereal: A perpetual and spot exchange based on its own application chain * Derive: The largest on-chain options and structured product protocol, with sUSDe as the core collateral asset
These applications will be released in the first quarter of 2025, with more to follow.
Conclusion
In 2025, Ethena is poised to disrupt the financial system on a larger scale than ever before. With our focus on convergence, innovation, and user experience, we are confident that we can bring our vision to life. Thank you to our users and supporters for their trust and belief in our vision. We look forward to an exciting year ahead.
Join the Ethena Community
Stay up-to-date with the latest news and updates from Ethena by joining our official community:
* Telegram subscription group: https://t.me/theblockbeats * Telegram communication group: https://t.me/BlockBeats_App * Twitter official account: https://twitter.com/BlockBeatsAsia
Source: M.theblockbeats.info
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