What Is Ethena USDe? A Synthetic Dollar Explained
Ethena's USDe pays yield through ETH perp funding rates, not bank deposits. The mechanism is clever but the trade has real failure modes that can collapse headline APY.
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Ethena's USDe pays yield through ETH perp funding rates, not bank deposits. The mechanism is clever but the trade has real failure modes that can collapse headline APY.
Ondo Finance tokenizes US Treasuries into USDY and OUSG, gated to verified investors. Here's how each product differs and what ONDO the token actually does.
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WLFI raised hundreds of millions in a presale promising governance over a treasury tied to USD1. Here is what the token actually does, and what it does not.
Ethena's USDe dollar posts double-digit yield by going long spot ETH and short ETH perps, but the trade depends on funding rates staying positive and counterparty solvency holding.
KAITO is the InfoFi token behind Kaito AI, with 1 billion supply and roughly 20% circulating at launch. Here is how attention, Yap leaderboards, and unlocks actually work.