If you’ve only looked at $ENA as a stablecoin play —

you’re not wrong.

But you’re early to seeing the bigger picture.

Because Ethena didn’t stop at building a stablecoin.

It’s expanding into crypto’s 3 most important verticals:

➢ Stablecoins (@ethena_labs)

➢ Real World Assets (@convergeonchain)

➢ Derivatives (@etherealdex)

The more I dug in, the more I realized this isn't just a DeFi primitive — it's becoming crypto’s full-stack monetary system.

Sharing what I've found soon