Ethena's price has stabilized while developers continue to attract USDe integrations. ENA was trading at $0.58 on Thursday, 12.5% ​​above this month's low but still 48% below its all-time high. 📉

Ethena announced several integrations, including partnerships with Bitget and Symbiotic, allowing users to earn rewards for staking the ENA token.

However, there are concerns about whether Ethena can maintain its high yield, especially during periods of high volatility.

Despite the growth and integrations of USDe, the ENA Ethena token has not performed well, losing almost half of its value from its all-time high.

Ethena trading volume and futures market open interest continue to decline after peaking in April.