🚀 Hold onto your crypto hats! Deribit, a leading crypto derivatives exchange, is shaking things up by integrating Ethena’s synthetic dollar, USDe, as margin collateral. Users can now earn rewards while using USDe in a cross-collateral pool. 🎉

This integration, set for early January (pending regulatory nods), promises to unlock exciting new structured product use cases, according to Ethena Labs’ Guy Young. With Deribit holding over 85% market share in options, USDe is poised for big things!

Ethena’s ENA token is riding the wave, surging 13% on the news. Share your thoughts below! 💬