Odaily Planet Daily News Ethena has launched a new feature that allows traders to use their USDe as collateral when trading derivatives, and it also pointed out that there are potential risks in allowing traders to use assets partially supported by derivatives to make more derivatives bets. "We have taken this risk into account, which is why Ethena operates on more than five different platforms," ​​explained Conor Ryder, head of research at Ethena Labs. Guy Young, founder of Ethena Labs, said that the company and its partners have taken adequate precautions. Among the five exchanges that Ethena is working with, Ethena will disperse short bets supporting USDe, with 48% on Binance, 23% on ByBit, 20% on OKX, 5% on Deribit, and 1% on Bitget. Through this move, Ethena aims to minimize the impact of unforeseen events on one of the exchanges. The same theory applies to spreading risk across different supporting assets: 50% of USDe is backed by Bitcoin, 30% by Ethereum, 11% by Ethereum liquidity pledge tokens, and 8% by USDT. (DL News) Earlier, Ethena officially posted on the X platform that it has jointly introduced USDe as a stable margin collateral with @Bybit_Official. Related rewards: Starting from August 2, all Bybit users only need to hold USDe in their Bybit accounts or use USDe collateral to trade derivatives to receive a daily annual interest rate of up to 20%.