#ena #ENALAUNCHPOOL
A Look at Ethena and Its Supporters
For your information, Ethena is famous for its USDe synthetic dollar which offers yields.
According to DefiLlama data, USDe's market cap or market capitalization has reached around US$1.37 billion. Meanwhile, the collateral assets that support USDe are currently in the form of stETH, WBETH, mETH, ETH, and USDT.
Ethena Labs began to steal attention on February 16 after announcing that it had raised funding of US$14 million led by Dragonfly and Arthur Hayes, the founder and former CEO of crypto exchange BitMEX.
Ethena's new investors include Brevan Howard Digital, Franklin Templeton, Galaxy Digital, Hashed, Nic Carter, and CIV.
The project also has ongoing support from major crypto exchanges such as Binance Labs, Bybit via Mirana Ventures, OKEx Ventures, Deribit, Kraken Ventures, and Gemini.
Apart from that, sophisticated market players also support liquidity for the Ethena project. They include Delphi Digital, Nascent, Lightspeed Faction, Wintermute, GSR, Amber, and Manifold Trading.
