Every Zipp story tagged $ENA, newest first.
Combined with buying out early sellers and ending monthly investor unlocks, the proposal compresses ENA's supply overhang and gives holders a direct claim on USDe revenue.
The pivot widens Ethena's collateral universe from $2.5T of crypto to $120T of equities, but the test is whether USDe can rebuild to the $7.5B threshold for ENA buybacks before the new trade gets…
Equity perpetuals carry a 70-times-larger underlying market than crypto and funding that rarely turns negative.
Killing the VC unlock schedule and routing 95% of net protocol revenue to ENA buybacks targets the two structural overhangs, but the buyback only fires once USDe regrows past $7.5 billion.
The cash cost is small at ~$344K; the real story is the ~7.62M warrants sitting 45% to 58% out of the money, waiting on an $ENA-driven USDE recovery above strike before they print dilution.
The snapshot shows a concentrated performance split, with three standout gainers set against the only two tokens in negative territory.
With $250M+ in ENA concentrated in one Nasdaq-listed vehicle, StablecoinX is the cleanest public-market bet on Ethena's USDe ecosystem and a template for future DeFi treasury companies.
Seven tokens unlock over $115M this week, with BEAT alone accounting for more than the other six combined and resuming supply-side pressure on SUI and ENA.
The integration hands Aladdin banks, insurers and pensions direct access to Ethena's synthetic dollar, while BUIDL becomes the reserve asset for a new white-label product, deepening BlackRock's…
The Aladdin endorsement slots Ethena into the operating layer US asset managers already use to move trillions, not just onto their watchlist.
A $480B TradFi shop investing in a DeFi governance token and mulling a yield-bearing stablecoin for treasury cash is the kind of signal that moves the sector's legitimacy needle, not just one…
Janus Henderson, the $370 billion global asset manager, has taken a position in ENA — the governance token of Ethena…
Coinbase Ventures buying ENA on the open market is the headline; the real signal is the distribution channel — a yield product wired into the exchange's 100M+ user base and a USDC ecosystem worth…
The investment is a footnote; the partnership is the real signal — a synthetic-dollar distribution channel into 100M+ Coinbase users starting next week.
Ethena has selected Anchorage Digital as its custody partner for offchain collateral, marking a significant step in the…
Coinbase has taken a direct stake in Ethena through an open market purchase of ENA tokens, simultaneously announcing a…
The seven-day calendar is front-loaded with HYPE, ENA, SXT, RED and OPN one-off cliffs, plus daily linear unlocks across RAIN, SOL and CC that together exceed $229 million in new supply.
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