🌀 Decentralized finance protocol Ethena plans to distribute 750 million ENA tokens to USDe holders on April 2.

🚀 Aevo's prelaunch futures tied to ENA surged over 20% early Friday.

💹 Prelaunch futures linked to Ethena's upcoming governance token ENA soared on Friday, suggesting a market cap of over $500 million at launch.

💱 The ENA/USD pre-debut futures on Aevo's decentralized exchange traded at 73 cents during Asian hours, marking a 22.29% gain in 24 hours.

💰 Ethena, home to the $1.3 billion USDe token, will airdrop 750 million ENA to USDe holders on April 2, equal to 5% of the total supply. Those who unlock, unstake, or sell USDe before April 1 won't qualify for the airdrop.

📈 The stated airdrop amount and prelaunch futures indicate a potential debut market cap of $547.5 million, with ENA's fully diluted market value surpassing $10 billion.

🔄 The surge in ENA prelaunch futures likely stemmed from Binance's announcement of a launchpool for staking BNB and FDUSD to farm ENA tokens.

📣 Aevo mentioned, "The @ethena_labs prelaunch market on Aevo is up 20% following their Binance Launchpool announcement."

⏰ ENA farming on Binance launchpool will begin on March 30 at 00:00 UTC and run for three days. Binance will list ENA on April 2, enabling trading in various pairs.

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