According to @milesdeutscher, Ethena's stablecoin, USDe, holds 2.3% of the total stablecoin market. The revenue model involves a unique strategy of backing USDe with delta-hedged positions on staked Ethereum (such as stETH) and short perpetual futures, providing stability and potential profit avenues for traders.

According to @Tokenomist_ai, Ethena unlocked 2.07B $ENA ($740.71M), representing 39.17% of the circulating supply. In the past two days, 12 wallets have deposited 125M $ENA ($45M) to major exchanges including Binance, Bybit, and FalconX, indicating a significant movement of tokens potentially affecting market dynamics.

According to @Tokenomist_ai, Ethena unlocked 2.07B $ENA tokens, valued at $740.71M, which constitutes 39.17% of the circulating supply. Over the past two days, 12 wallets have deposited 125M $ENA, worth $45M, into major exchanges including Binance, Bybit, and FalconX. This significant movement of tokens could indicate potential trading activity or strategic positioning by large holders.

According to Lookonchain, three wallets associated with the Ethena team have deposited 38.36 million ENA, worth approximately $14.4 million, into Binance within the past hour. This significant transaction may indicate a potential increase in trading activity or liquidity provision on the exchange, which traders should monitor closely for price movements and market impact. Source: Lookonchain.

According to Lookonchain, three wallets associated with the Ethena team deposited 38.36 million ENA, valued at $14.4 million, into Binance within the past hour. This significant movement of ENA tokens could indicate potential trading or liquidity strategies, as Binance is a major cryptocurrency exchange platform.

According to IntoTheBlock, Ethena's $USDe stablecoin successfully maintained its peg and processed large redemptions quickly following the Bybit hack. The stablecoin's recovery from a brief discount has reinforced market confidence, indicating its robustness in crisis scenarios.

According to IntoTheBlock, the recent Bybit hack resulted in a loss of approximately $5 million, impacting trading volumes as traders reassess security measures on the platform. Additionally, Ethena's USDe stablecoin has maintained its peg, with trading volumes showing resilience despite market volatility, as reported by IntoTheBlock.

According to Ai 姨 (@ai_9684xtpa), Ethena has announced that all spot assets supporting USDe are held in custody solutions outside of exchanges, with no funds stored on any exchange, including Bybit. This indicates a secure approach to asset management.

According to Ai 姨, Ethena has 21% of its USDe engaged in a Delta neutral hedging strategy on Bybit, with the ETH portion valued at $227 million. Following Bybit's confirmation of a breach, ENA has fallen by 11.5%, erasing today's gains.

According to Nic Carter, renowned for his insights into the cryptocurrency market, several cryptocurrency projects including Solana, Monad, Ethena, Lulo, and MapLe are gaining attention. Solana is noted for its high transaction speed, which can be attractive for traders looking for efficiency in trading. Monad offers a unique consensus mechanism that could impact its market performance. Ethena's innovative approach in decentralized finance is drawing interest from investors. Lulo and MapLe are also emerging as potential players with their distinct features, suggesting they may offer new opportunities in the trading sector.

According to Ai 姨, Ethena has rapidly become the third-largest USD asset in the cryptocurrency market, achieving a supply of $6 billion within 10 months. It is also the second-fastest cryptocurrency startup to reach $100 million in revenue, highlighting its significant growth potential and market impact.

According to Santiment, the cryptocurrency market experienced an overreaction to Trump's tariffs early Monday, but quickly reversed later in the day. This reversal resulted in significant gains for assets such as Mantra (+23%), DeXe (+18%), Ethena & Staked Ethena (+17%), and Mantle. Traders who initially panicked by selling off their assets found themselves at a loss as the market corrected itself. This highlights the importance of staying informed and avoiding knee-jerk reactions in volatile markets.

According to Ai 姨 (@ai_9684xtpa), Ethena, one of the most popular projects in the first half of the current bull market, has successfully maintained its fully diluted valuation (FDV) in the multibillion range by consistently introducing compelling narratives that attract market interest. This strategy highlights Ethena's ability to leverage its core assets effectively, setting it apart from other projects with similar valuations. Ai 姨 notes that few projects manage to sustain their market appeal in this manner.

According to Ai 姨 (@ai_9684xtpa), Ethena is one of the most popular projects in the first half of the current bull market. The project's ability to maintain a high fully diluted valuation (FDV) while continually crafting new narratives that attract market interest is notable. This suggests Ethena's strong market positioning and effective marketing strategies, which are crucial for traders to consider when evaluating investment opportunities.

According to Ai 姨 (@ai_9684xtpa), Ethena has managed to sustain its fully diluted valuation (FDV) in the hundreds of billions by continuously engaging the market with new narratives, a feat not commonly seen among projects of similar scale.

According to @OnchainDataNerd, the address claimed to be for Babylon is actually for Core, and SolvProtocol offers a clear UI for users to check the number of Solv's $BTC LST products across platforms like Babylon, Core, Ethena, and Jupiter Exchange.

According to Ai 姨, a new project has emerged this year that is generating excitement similar to Ethena. The project features an innovative protocol mechanism that has been preliminarily validated by Ethena's founder and market data. It offers a smooth product interaction experience with a comfortable, medieval classical style UI/UX. The complex point system is well-thought-out and effectively filters out non-serious participants. The team is skilled in operations and has partnered with the popular project Hyperliquid. The hope is for this to be a significant opportunity in 2025.

According to Ai 姨, a new project has emerged this year that is as exciting as Ethena, featuring innovative protocol mechanisms that have been preliminarily validated by Ethena's founder and market data. The project offers seamless product interaction with a comfortable medieval classical UI/UX design. Although the point system is complex, it is well-thought-out, effectively filtering out non-serious participants. The team shows expertise in operations and has partnered with the popular project Hyperliquid. There is hope that this will be a major success by 2025.

According to Ai 姨, the new stablecoin protocol Resolv is gaining attention and could potentially become the next Ethena. Resolv introduces risk stratification through over-collateralization and has launched a dual-token model with USR and RPL. Since December, its Total Value Locked (TVL) has surged by 915%, now exceeding $342 million. Additionally, Resolv's NFT Blueprint ranks fifth in 24-hour trading volume. With notable projects like Ethena and Hyperliquid marking the year, traders should not miss out on Resolv.

According to Ai 姨, the new stablecoin protocol Resolv is gaining attention as a potential successor to Ethena. The protocol introduces a dual token model, USR and RPL, leveraging over-collateralization to manage risk. Since December, Resolv's total value locked (TVL) has surged by 915%, now exceeding $342 million. Additionally, Resolv's NFT Blueprint ranks fifth in 24-hour trading volume. Traders should consider Resolv as a notable opportunity at the end of the year.