Binance Square
#ethena

ethena

8.1M views
4,339 Discussing
Sniper-007
ยท
--
Bullish
๐ŸŸข $ENA showing balanced auction inside the value area, with buyers defending key support. Watch for acceptance above value before targeting higher levels. {future}(ENAUSDT) ๐Ÿ”ผ Long Setup ๐Ÿ“ Entry: $0.0811 ๐Ÿ›‘ Stop Loss: $0.08071 (-0.5%) ๐ŸŽฏ TP1: $0.08238 (+1.6%) ๐ŸŽฏ TP2: $0.08307 (+2.4%) โš ๏ธ Not financial advice. Always wait for confirmation and manage your risk. #Ethena #Orderflow #ENA #cryptotrading
๐ŸŸข $ENA showing balanced auction inside the value area, with buyers defending key support. Watch for acceptance above value before targeting higher levels.
๐Ÿ”ผ Long Setup
๐Ÿ“ Entry: $0.0811
๐Ÿ›‘ Stop Loss: $0.08071 (-0.5%)
๐ŸŽฏ TP1: $0.08238 (+1.6%)
๐ŸŽฏ TP2: $0.08307 (+2.4%)

โš ๏ธ Not financial advice. Always wait for confirmation and manage your risk.

#Ethena #Orderflow #ENA #cryptotrading
ยท
--
Keeping an eye on $ENA ๐Ÿ‘€ ENA is trading around the $0.08 range right now. The price is still far from its previous highs, which makes it an interesting coin to watch. If the market stays bullish, ENA could have a nice recovery ahead. Patience is key. Not financial advice! #ENA #Ethena #BinanceSquare
Keeping an eye on $ENA ๐Ÿ‘€
ENA is trading around the $0.08 range right now. The price is still far from its previous highs, which makes it an interesting coin to watch. If the market stays bullish, ENA could have a nice recovery ahead.
Patience is key. Not financial advice!
#ENA #Ethena #BinanceSquare
ยท
--
Bullish
โ€‹$ENA Accumulating Quietly Before the Next Big Wave? ๐ŸŒŠ๐Ÿ“ˆ | Technical Analysis โ€‹Backed by the major news of launching on Monad with USDe support, $ENA is showing some highly promising signs on the hourly chart! Is the launchpad ready? Letโ€™s look at the structure! ๐Ÿ‘‡ {future}(ENAUSDT) Basing at Support: $ENA has been basing quietly at the $0.0816 - $0.0820 support level, flatly refusing to break lower as strong accumulation builds beneath the surface. The News Catalyst: The Monad expansion is bringing fresh eyes and solid fundamentals to #ethena , driving a strong bounce back toward $0.0854. Key Breakout Target: If buyers can push and hold a candle above the immediate $0.0863 local resistance, the bearish structure completely invalidates. The Projection: If history repeats and momentum sustains, a powerful breakout toward the $0.0950 - $0.1100 zone could be the next major leg up for ENA ๐Ÿš€
โ€‹$ENA Accumulating Quietly Before the Next Big Wave? ๐ŸŒŠ๐Ÿ“ˆ | Technical Analysis
โ€‹Backed by the major news of launching on Monad with USDe support, $ENA is showing some highly promising signs on the hourly chart! Is the launchpad ready? Letโ€™s look at the structure! ๐Ÿ‘‡
Basing at Support: $ENA has been basing quietly at the $0.0816 - $0.0820 support level, flatly refusing to break lower as strong accumulation builds beneath the surface.
The News Catalyst: The Monad expansion is bringing fresh eyes and solid fundamentals to #ethena , driving a strong bounce back toward $0.0854.
Key Breakout Target: If buyers can push and hold a candle above the immediate $0.0863 local resistance, the bearish structure completely invalidates.
The Projection: If history repeats and momentum sustains, a powerful breakout toward the $0.0950 - $0.1100 zone could be the next major leg up for ENA ๐Ÿš€
ยท
--
ENA is up 14.69% in 7 days but today's volume is fading. Time to be selective โšก The setup: Price at $0.0843 in a strong uptrend, sitting above all key MAs. The 4H SMA7 at $0.0835 is holding as support. But declining volume on today's candle means we need confirmation before the next leg up. Why this trade matters: - USDe protocol scale keeps growing โ€” the fundamental thesis is intact - 7-day performance crushing it at +14.69% - Still below the 99-day SMA at $0.096 โ€” room to mean revert higher - Stablecoin sector sentiment is positive, fueling ENA's momentum Trade plan: ๐Ÿ“ Entry: $0.080โ€“$0.085 (current range, wait for volume confirmation) ๐Ÿ›‘ Stop: $0.072 (below the 25 SMA support) ๐ŸŽฏ TP1: $0.095 (near the 99-day SMA, 1.2 R:R) ๐ŸŽฏ TP2: $0.11 (if the breakout confirms) ๐ŸŽฏ TP3: $0.094 (partial profit zone) Confidence: 71% | Strategy: Scale In (volume is declining, scale in carefully) ๐Ÿ“‰ Volume is fading on ENA. What's your move? A) Still bullish, scaling in B) Waiting for volume spike C) Taking profits here #ENA #Ethena #BinanceSquare #Stablecoins โš ๏ธ Not financial advice. Do your own research. Trading involves risk.
ENA is up 14.69% in 7 days but today's volume is fading. Time to be selective โšก

The setup: Price at $0.0843 in a strong uptrend, sitting above all key MAs. The 4H SMA7 at $0.0835 is holding as support. But declining volume on today's candle means we need confirmation before the next leg up.

Why this trade matters:
- USDe protocol scale keeps growing โ€” the fundamental thesis is intact
- 7-day performance crushing it at +14.69%
- Still below the 99-day SMA at $0.096 โ€” room to mean revert higher
- Stablecoin sector sentiment is positive, fueling ENA's momentum

Trade plan:
๐Ÿ“ Entry: $0.080โ€“$0.085 (current range, wait for volume confirmation)
๐Ÿ›‘ Stop: $0.072 (below the 25 SMA support)
๐ŸŽฏ TP1: $0.095 (near the 99-day SMA, 1.2 R:R)
๐ŸŽฏ TP2: $0.11 (if the breakout confirms)
๐ŸŽฏ TP3: $0.094 (partial profit zone)

Confidence: 71% | Strategy: Scale In (volume is declining, scale in carefully)

๐Ÿ“‰ Volume is fading on ENA. What's your move?
A) Still bullish, scaling in
B) Waiting for volume spike
C) Taking profits here

#ENA #Ethena #BinanceSquare #Stablecoins

โš ๏ธ Not financial advice. Do your own research. Trading involves risk.
๐Ÿšจ Earned more than four hundred million tooโ€”why did the difference end up being a full nineteen times โ‰๏ธ Many people always thought that the higher the fee, the more โ€œpowerfulโ€ the project would be. But reality directly slaps that idea down ๐Ÿคฏ In the past year, #sky collected about 410 million, and #ethena collected about 360 million They look pretty similar, right? ๐Ÿ‘€ But what actually stays in your own pocket is Skyโ€”about 240 million ๐Ÿ˜Ž Ethena only has a little over 10 million. Thatโ€™s a full nineteen-fold difference ๐Ÿคฏ Everyone knows why this happens: because so much of the money earned gets distributed Some people profit, some receive dividends, and in the end, the protocol keeps only a small amount ๐Ÿ˜ต In the last month alone, Ethenaโ€™s funds shrank by 16% Sky, on the other hand, even went up slightly So whatโ€™s truly impressive isnโ€™t how much you can make Itโ€™s how much you can still keep in the end ๐Ÿ˜ A lot of people only look at the hype. Pros have already been tracking exactly where the money flows ๐Ÿง For the next wave, who might keep pushing? Iโ€™ve already started watching Want to know what other opportunities are coming next? ๐Ÿš€ Click my profile and follow me ๐Ÿ˜Ž Letโ€™s dig up truly valuable opportunities together ๐Ÿ”ฅ
๐Ÿšจ Earned more than four hundred million tooโ€”why did the difference end up being a full nineteen times โ‰๏ธ

Many people always thought that the higher the fee, the more โ€œpowerfulโ€ the project would be. But reality directly slaps that idea down ๐Ÿคฏ
In the past year, #sky collected about 410 million, and #ethena collected about 360 million
They look pretty similar, right? ๐Ÿ‘€

But what actually stays in your own pocket is Skyโ€”about 240 million ๐Ÿ˜Ž
Ethena only has a little over 10 million. Thatโ€™s a full nineteen-fold difference ๐Ÿคฏ

Everyone knows why this happens: because so much of the money earned gets distributed
Some people profit, some receive dividends, and in the end, the protocol keeps only a small amount ๐Ÿ˜ต

In the last month alone, Ethenaโ€™s funds shrank by 16%
Sky, on the other hand, even went up slightly
So whatโ€™s truly impressive isnโ€™t how much you can make
Itโ€™s how much you can still keep in the end ๐Ÿ˜

A lot of people only look at the hype. Pros have already been tracking exactly where the money flows ๐Ÿง
For the next wave, who might keep pushing? Iโ€™ve already started watching
Want to know what other opportunities are coming next? ๐Ÿš€
Click my profile and follow me ๐Ÿ˜Ž Letโ€™s dig up truly valuable opportunities together ๐Ÿ”ฅ
Ethena $ENA + $MORPHO Update! USDe deposits on Morpho just hit ~$324M (+40% recently) with new vaults & liquidity loops pumping yields. Big catalyst ahead: Fee Switch vote (Q3/Q4) โ†’ real revenue to sENA stakers! August unlocks coming but strong fundamentals could absorb them. Longer-term: Ethena Chain & restaking expansion. From ~$0.08, $0.15โ€“$0.50+ possible in bull DeFi summer if TVL & adoption accelerate. Whatโ€™s your ENA target? #CURE #Ethena #Morpho #DEFฤฐ
Ethena $ENA + $MORPHO Update!
USDe deposits on Morpho just hit ~$324M (+40% recently) with new vaults & liquidity loops pumping yields.
Big catalyst ahead: Fee Switch vote (Q3/Q4) โ†’ real revenue to sENA stakers!
August unlocks coming but strong fundamentals could absorb them.
Longer-term: Ethena Chain & restaking expansion. From ~$0.08, $0.15โ€“$0.50+ possible in bull DeFi summer if TVL & adoption accelerate.
Whatโ€™s your ENA target?

#CURE #Ethena #Morpho #DEFฤฐ
ยท
--
Verified
โ€‹๐Ÿš€ Ethena ($USDe) is taking over high-performance blockchains: launches on Monad, Robinhood Chain, and more! โ€‹The Ethena ecosystem is scaling at an insane pace. Today, its synthetic dollar USDe and its staking version sUSDe have officially launched on the Monad network! โ€‹This happened just a few days after Ethena provided liquidity on the Robinhood Chain. โ€‹๐Ÿ”ฅ Key points of the Monad launch: โ€‹Cross-chain bridge: Assets are integrated via the Stargate protocol. โ€‹Utility: USDe and sUSDe are already available as collateral on Aave for recursive borrowing. โ€‹๐ŸŒ Ethena expansion continues: โ€‹The project is aggressively rolling out its infrastructure on the most promising and fastest next-generation networks. Currently, the expansion covers: โ€‹Monad โ€‹Robinhood Chain โ€‹Avalanche โ€‹TON โ€‹Ethena is steadily turning into a universal liquidity layer for the entire Web3 industry. We'll be watching the TVL dynamics! #ethena #DTCCProcessesFirstLiveTokenizedTrades #IraqSyriaToRebuildCrossBorderOilPipeline #SenatePassesResolutionOpposingSBFPardon $ENA {future}(ENAUSDT)
โ€‹๐Ÿš€ Ethena ($USDe) is taking over high-performance blockchains: launches on Monad, Robinhood Chain, and more!
โ€‹The Ethena ecosystem is scaling at an insane pace. Today, its synthetic dollar USDe and its staking version sUSDe have officially launched on the Monad network!
โ€‹This happened just a few days after Ethena provided liquidity on the Robinhood Chain.
โ€‹๐Ÿ”ฅ Key points of the Monad launch:
โ€‹Cross-chain bridge: Assets are integrated via the Stargate protocol.
โ€‹Utility: USDe and sUSDe are already available as collateral on Aave for recursive borrowing.
โ€‹๐ŸŒ Ethena expansion continues:
โ€‹The project is aggressively rolling out its infrastructure on the most promising and fastest next-generation networks. Currently, the expansion covers:
โ€‹Monad
โ€‹Robinhood Chain
โ€‹Avalanche
โ€‹TON
โ€‹Ethena is steadily turning into a universal liquidity layer for the entire Web3 industry. We'll be watching the TVL dynamics! #ethena
#DTCCProcessesFirstLiveTokenizedTrades
#IraqSyriaToRebuildCrossBorderOilPipeline
#SenatePassesResolutionOpposingSBFPardon
$ENA
๐ŸŸข $ENA {future}(ENAUSDT) Short Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $7.475K ๐Ÿ“ Liquidation Price: 0.08311 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook ๐ŸŽฏ Target: 0.08470 ๐Ÿ“ฅ Entry Zone: 0.08345 ๐Ÿ“ˆ Take Profit: 0.08435 ๐Ÿ›‘ Stop Loss: 0.08255 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก Recent short liquidations suggest buyers are gaining traction as upside liquidity becomes the next potential objective. Confirmation of bullish market structure can provide a stronger entry, while maintaining strict risk controls helps navigate volatility. #ENA #Ethena #DeFi
๐ŸŸข $ENA
Short Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$7.475K
๐Ÿ“ Liquidation Price:
0.08311 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
๐ŸŽฏ Target: 0.08470
๐Ÿ“ฅ Entry Zone: 0.08345
๐Ÿ“ˆ Take Profit: 0.08435
๐Ÿ›‘ Stop Loss: 0.08255
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
Recent short liquidations suggest buyers are gaining traction as upside liquidity becomes the next potential objective. Confirmation of bullish market structure can provide a stronger entry, while maintaining strict risk controls helps navigate volatility.
#ENA
#Ethena
#DeFi
ยท
--
Bearish
๐Ÿ”ด $ENA {future}(ENAUSDT) Long Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $5.3553K ๐Ÿ“ Liquidation Price: $0.08242 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook Market Bias: Bearish Liquidity: Downside Liquidity Sweep ๐ŸŽฏ Target: $0.08070 ๐Ÿ“ฅ Entry Zone: $0.08210โ€“$0.08190 ๐Ÿ“ˆ Take Profit: $0.08040 ๐Ÿ›‘ Stop Loss: $0.08310 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก The liquidation of leveraged long positions highlights growing selling pressure around the current price area, keeping lower liquidity zones in focus. Waiting for additional bearish confirmation before entry can improve execution quality, while disciplined risk management remains essential during volatile conditions. #ENA #Ethena #Stablecoin
๐Ÿ”ด $ENA
Long Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$5.3553K
๐Ÿ“ Liquidation Price:
$0.08242 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
Market Bias:
Bearish
Liquidity:
Downside Liquidity Sweep
๐ŸŽฏ Target:
$0.08070
๐Ÿ“ฅ Entry Zone:
$0.08210โ€“$0.08190
๐Ÿ“ˆ Take Profit:
$0.08040
๐Ÿ›‘ Stop Loss:
$0.08310
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
The liquidation of leveraged long positions highlights growing selling pressure around the current price area, keeping lower liquidity zones in focus. Waiting for additional bearish confirmation before entry can improve execution quality, while disciplined risk management remains essential during volatile conditions.
#ENA #Ethena #Stablecoin
ยท
--
Chasing a mid-session green candle feels a bit like grabbing the last pastry in a bakery window โ€” the urge shows up before the reason does. I just checked the movers list and caught $ENA near $0.085 after roughly a 7% bounce today. Nothing there looked like a clean new story to me; it looked more like money rotating into whatever was already loud and green. I've been sitting with that itch carefully โ€” the part where one uptick starts asking for an explanation, a take, a reason to lean in before the board even settles. Still near $0.0846 after that move. Loud enough to notice. Not loud enough for me to treat it like a thesis. #ENA #Ethena #Discipline
Chasing a mid-session green candle feels a bit like grabbing the last pastry in a bakery window โ€” the urge shows up before the reason does.

I just checked the movers list and caught $ENA near $0.085 after roughly a 7% bounce today. Nothing there looked like a clean new story to me; it looked more like money rotating into whatever was already loud and green. I've been sitting with that itch carefully โ€” the part where one uptick starts asking for an explanation, a take, a reason to lean in before the board even settles.

Still near $0.0846 after that move. Loud enough to notice. Not loud enough for me to treat it like a thesis.
#ENA #Ethena #Discipline
ยท
--
๐Ÿšจ ENA Update - July 2026 {spot}(ENAUSDT) Ethena ($ENA ) making moves: โ€ข $0.08 (+3.65% 24h) โ€ข $4.31B TVL โ€ข Integrated into BlackRock's Aladdin platform โ€ข Coinbase Ventures bought ENA โ€ข Now live on Solana via Sunrise DeFi Synthetic dollar protocol gaining serious institutional traction. #ENA #Ethena #DeFi #USDe
๐Ÿšจ ENA Update - July 2026

Ethena ($ENA ) making moves:
โ€ข $0.08 (+3.65% 24h)
โ€ข $4.31B TVL
โ€ข Integrated into BlackRock's Aladdin platform
โ€ข Coinbase Ventures bought ENA
โ€ข Now live on Solana via Sunrise DeFi

Synthetic dollar protocol gaining serious institutional traction.

#ENA #Ethena #DeFi #USDe
ยท
--
Something strange is happening with $ENA. Price hit an all time low near $0.07, yet whales quietly added ~20M tokens in 24h. Coinbase Ventures and Janus Henderson just moved in too. Buying the fear or ahead of something bigger? #ENA #Ethena #Crypto
Something strange is happening with $ENA . Price hit an all time low near $0.07, yet whales quietly added ~20M tokens in 24h. Coinbase Ventures and Janus Henderson just moved in too. Buying the fear or ahead of something bigger? #ENA #Ethena #Crypto
#Ethena price prediction: Will the $0.08 zone keep ENAโ€™s recovery alive? $ENA {future}(ENAUSDT) Swing traders and investors can wait for an ENA bounce toward $0.105-$0.125 before acting with conviction. Ethena [ENA] has been moving upward since the 8th of July. The altcoin has made a 14.11% move from the $0.072 low on that day to the current market prices of $0.082 after reclaiming the short-term resistance zone at $0.08. However, the token has been falling lower since the attempted rally beyond $0.10 in early June. Despite the recent gains, the downtrend has yet to be broken. The Robinhood Earn feature, launched on the 1st of July, has also been a big plus for Ethena. The network observed in a post on X that Ethena represented over 70% of the asset allocation from Robinhood user deposits. Ethena seeded $50 million into a USDG vault on Morpho, chosen by Steakhouse Financial. This inflow pushed the Robinhood Chainโ€™s TVL up by 160%. Contrasted against this positive news for the synthetic dollar protocol was the Whale Alerts post on X that showed a 1.231 billion ENA transfer, worth $94 million, between two unknown wallets. Should ENA traders wait before selling? The 1-day swing structure broke bearishly at the start of June (white). The ongoing price bounce from the 0.08 zone requires the OBV to continue going higher to signal steady buying pressure. Such a bounce is technically possible, but the broader market sentiment needs to support ENAโ€™s bullish shift, if it comes. Even then, the $0.105 round number and 50% retracement level would be a key resistance zone to overcome. A bounce to $0.105-$0.125 could be sold with conviction. At current prices, neither buying in expectation of a bounce nor selling ahead of a price slide had a good enough risk-to-reward for swing traders. Final Summary A $94 million ENA token worth alongside the bullishness around the Robinhood Earn news presented mixed signals for market participants. The long-term price action was bearish, and the $0.105-$0.125 pivotal resistance zone was one to watch.
#Ethena price prediction: Will the $0.08 zone keep ENAโ€™s recovery alive?
$ENA

Swing traders and investors can wait for an ENA bounce toward $0.105-$0.125 before acting with conviction.

Ethena [ENA] has been moving upward since the 8th of July. The altcoin has made a 14.11% move from the $0.072 low on that day to the current market prices of $0.082 after reclaiming the short-term resistance zone at $0.08. However, the token has been falling lower since the attempted rally beyond $0.10 in early June. Despite the recent gains, the downtrend has yet to be broken.

The Robinhood Earn feature, launched on the 1st of July, has also been a big plus for Ethena. The network observed in a post on X that Ethena represented over 70% of the asset allocation from Robinhood user deposits. Ethena seeded $50 million into a USDG vault on Morpho, chosen by Steakhouse Financial. This inflow pushed the Robinhood Chainโ€™s TVL up by 160%.

Contrasted against this positive news for the synthetic dollar protocol was the Whale Alerts post on X that showed a 1.231 billion ENA transfer, worth $94 million, between two unknown wallets.

Should ENA traders wait before selling?

The 1-day swing structure broke bearishly at the start of June (white). The ongoing price bounce from the 0.08 zone requires the OBV to continue going higher to signal steady buying pressure.

Such a bounce is technically possible, but the broader market sentiment needs to support ENAโ€™s bullish shift, if it comes. Even then, the $0.105 round number and 50% retracement level would be a key resistance zone to overcome.

A bounce to $0.105-$0.125 could be sold with conviction. At current prices, neither buying in expectation of a bounce nor selling ahead of a price slide had a good enough risk-to-reward for swing traders.

Final Summary
A $94 million ENA token worth alongside the bullishness around the Robinhood Earn news presented mixed signals for market participants.

The long-term price action was bearish, and the $0.105-$0.125 pivotal resistance zone was one to watch.
ยท
--
Does on-chain US dollar yield ultimately still rely on Ethena USDe? After Lido Earn supported USDe deposits on 6/30, the share of earnUSDe in the strategy reached 68.7%. It mainly runs on three chainsโ€”Ethereum, Mantle, and Plasmaโ€”using Aave to execute a looping borrow strategy. According to on-chain address information, Lido Earn on Aave (Mantle) stakes sUSDe + MNT and borrows USDT0. The health factor of this position is close to 1.03โ€”almost maxing out the loan. On Aave (Plasma), Lido Earn stakes sUSDe + USDe and borrows USDT0. The health factor is around 1.07. It looks like part of the borrowed USDT0 may have been sent to syrupUSDT? However, Lido Earnโ€™s operations on Aave (Ethereum) are relatively more conservative. It also stakes sUSDe + USDe, but the borrowed asset is USDC, and the health factor is as high as 1.96. - After a few years of going in circles in crypto, on-chain US dollar yield ultimately still relies quite heavily on USDe! That said, itโ€™s worth noting that Aave also supports USDe deposits on MegaETH and Ink, but Lido Earn does not choose to perform borrowing operations via these two chains. As for why borrowing performance differs so much across the three chains, I guess it has to do with Mantle and Plasmaโ€™s high throughput and execution speedโ€”so Lido Earn is willing to push the borrowing ratio to the max on those two chains. But overall, for Lido Earn to charge a 10% performance fee plus a 1% platform fee, itโ€™s not exactly cheap. If you stake Aave yourself, at least you can get 5x Ethena airdrop points. - โ— The above content does not constitute investment advice (NFA). Users should act according to their own risk tolerance. DYOR and participate cautiously in the investment market. โ— All figures/images are sourced from Lido #ethena #Lido #USDe #ENA $ENA {spot}(ENAUSDT)
Does on-chain US dollar yield ultimately still rely on Ethena USDe?

After Lido Earn supported USDe deposits on 6/30, the share of earnUSDe in the strategy reached 68.7%. It mainly runs on three chainsโ€”Ethereum, Mantle, and Plasmaโ€”using Aave to execute a looping borrow strategy.

According to on-chain address information, Lido Earn on Aave (Mantle) stakes sUSDe + MNT and borrows USDT0. The health factor of this position is close to 1.03โ€”almost maxing out the loan.

On Aave (Plasma), Lido Earn stakes sUSDe + USDe and borrows USDT0. The health factor is around 1.07. It looks like part of the borrowed USDT0 may have been sent to syrupUSDT?

However, Lido Earnโ€™s operations on Aave (Ethereum) are relatively more conservative. It also stakes sUSDe + USDe, but the borrowed asset is USDC, and the health factor is as high as 1.96.

-

After a few years of going in circles in crypto, on-chain US dollar yield ultimately still relies quite heavily on USDe!

That said, itโ€™s worth noting that Aave also supports USDe deposits on MegaETH and Ink, but Lido Earn does not choose to perform borrowing operations via these two chains.

As for why borrowing performance differs so much across the three chains, I guess it has to do with Mantle and Plasmaโ€™s high throughput and execution speedโ€”so Lido Earn is willing to push the borrowing ratio to the max on those two chains.

But overall, for Lido Earn to charge a 10% performance fee plus a 1% platform fee, itโ€™s not exactly cheap.

If you stake Aave yourself, at least you can get 5x Ethena airdrop points.

-

โ— The above content does not constitute investment advice (NFA). Users should act according to their own risk tolerance. DYOR and participate cautiously in the investment market.

โ— All figures/images are sourced from Lido

#ethena #Lido #USDe #ENA $ENA
#ethena ๐Ÿ“Š The Future of $ENA (Ethena): Real Income or Regulatory Deadlock? The future of the ENA token depends entirely on its ability to evolve from a โ€œblankโ€ governance tool to a full-fledged income-generating asset. Below is a detailed analysis of three key factors that will determine the price of ENA in the near future: 1๏ธโƒฃ Fee Switch Activation ๐ŸŸข (Positive Driver) What happened: As of May 2026, the Ethena Risk Committee confirmed that all conditions for enabling fee sharing were met. Why this matters: The protocol has generated over $332 million in revenue. The expected vote could direct some of this money directly to ENA holders (via buybacks or staking). The historical example of MakerDAO (MKR), which rose 40% on the eve of a similar vote, hints at a high potential for a rally. 2๏ธโƒฃ Institutional Adoption ๐ŸŸก (Mixed Effect) What happened: Coinbase Ventures started buying $ENA on the open market and are integrating USDe for 100M+ users. Ethena also invested $50M in Morpho vaults on Robinhood Chain. Why this matters: This significantly increases the protocolโ€™s TVL and the utility of USDe. However, the direct impact on the price of the ENA token itself remains limited until the fee switch is activated โ€” the token is currently growing only on expectations, not on actual cash flows. 3๏ธโƒฃ Regulatory and Competitive Threats ๐Ÿ”ด (Negative Pressure) What happened: Due to strict MiCA regulations, Ethena was forced to completely withdraw the decentralized USDe dollar from the EU market. At the same time, competitors like Hyperliquid are taking market share by offering users direct access to funding revenues without the intermediary of Ethena. Why this matters: This limits ecosystem growth and forces the team to move to riskier multi-strategies, which can scare away big capital and put strong pressure on the assetโ€™s valuation. {future}(ENAUSDT)
#ethena
๐Ÿ“Š The Future of $ENA (Ethena): Real Income or Regulatory Deadlock?

The future of the ENA token depends entirely on its ability to evolve from a โ€œblankโ€ governance tool to a full-fledged income-generating asset.
Below is a detailed analysis of three key factors that will determine the price of ENA in the near future:

1๏ธโƒฃ Fee Switch Activation ๐ŸŸข (Positive Driver)
What happened: As of May 2026, the Ethena Risk Committee confirmed that all conditions for enabling fee sharing were met.
Why this matters: The protocol has generated over $332 million in revenue. The expected vote could direct some of this money directly to ENA holders (via buybacks or staking). The historical example of MakerDAO (MKR), which rose 40% on the eve of a similar vote, hints at a high potential for a rally.

2๏ธโƒฃ Institutional Adoption ๐ŸŸก (Mixed Effect)
What happened: Coinbase Ventures started buying $ENA on the open market and are integrating USDe for 100M+ users. Ethena also invested $50M in Morpho vaults on Robinhood Chain.
Why this matters: This significantly increases the protocolโ€™s TVL and the utility of USDe. However, the direct impact on the price of the ENA token itself remains limited until the fee switch is activated โ€” the token is currently growing only on expectations, not on actual cash flows.

3๏ธโƒฃ Regulatory and Competitive Threats ๐Ÿ”ด (Negative Pressure)
What happened: Due to strict MiCA regulations, Ethena was forced to completely withdraw the decentralized USDe dollar from the EU market. At the same time, competitors like Hyperliquid are taking market share by offering users direct access to funding revenues without the intermediary of Ethena.
Why this matters: This limits ecosystem growth and forces the team to move to riskier multi-strategies, which can scare away big capital and put strong pressure on the assetโ€™s valuation.
ยท
--
I think most people skimmed that IMF stablecoin headline and kept scrolling โ€” fair to ask whether a token tied to synthetic dollars should even care when the paper's really about FX runs blowing up. Apparently yes, because $ENA is still around $0.082, up about 3.9%, while BTC's parked near $64,265, down less than 0.3%, and Friday's US stock prints are still green โ€” S&P up roughly 0.4%, gold ticking higher too. I read the Cointelegraph bit on dollar stablecoins maybe helping FX access but also amplifying currency runs; zero Ethena-specific news in my Saturday feed. Looks like ticker momentum, not anyone actually digesting the macro warning. That $ENA bid probably won't hold unless Monday volume shows up and that IMF take gets a second look. #Ethena #Stablecoins #Macro
I think most people skimmed that IMF stablecoin headline and kept scrolling โ€” fair to ask whether a token tied to synthetic dollars should even care when the paper's really about FX runs blowing up.

Apparently yes, because $ENA is still around $0.082, up about 3.9%, while BTC's parked near $64,265, down less than 0.3%, and Friday's US stock prints are still green โ€” S&P up roughly 0.4%, gold ticking higher too. I read the Cointelegraph bit on dollar stablecoins maybe helping FX access but also amplifying currency runs; zero Ethena-specific news in my Saturday feed.

Looks like ticker momentum, not anyone actually digesting the macro warning.

That $ENA bid probably won't hold unless Monday volume shows up and that IMF take gets a second look.

#Ethena #Stablecoins #Macro
ยท
--
Is Your Cash Lazy? How to Capture 9.4% APY in a Sideways Market ๐Ÿ’ธ With Bitcoin consolidating and altcoin volatility hitting extremes, leaving your capital idle is costing you money. While traditional finance stablecoin yields sit near 4.75%, the Ethena synthetic dollar is paving a highly profitable path. โ€‹staked $USDE ($USDe) is currently delivering a trailing APY of 9.4%! โ€‹How the Basis Trade Yield Engine Works: Ethena doesn't rely on hype or high-risk lending. The yield is generated through a delta-neutral basis trade: โ€‹The Spot Leg: Holding long staked $ETH (earning 3% POS yield) and spot $BTC โ€‹The Hedge Leg: Shorting equivalent perpetual futures on exchanges like Binance to cancel out market price fluctuations. โ€‹The Payoff: Collecting the funding rate paid by long-side traders to short-side hedgers. โ€‹In bullish phases, this mechanism has peaked at a massive 35.2% APY. During range-bound cycles, it stabilizes in the comfortable 7% to 14% range, easily outperforming CeFi alternatives. โ€‹ โ€‹Is USDE the ultimate stablecoin play for 2026, or are you concerned about funding rate reversals? Drop your thoughts below! Like and follow to stay ahead of the yield curves. #Ethena #PassiveIncome #DEFฤฐ #Write2Earn #ENAUSDT๐Ÿšจ {spot}(ENAUSDT) {spot}(USDEUSDT)
Is Your Cash Lazy? How to Capture 9.4% APY in a Sideways Market ๐Ÿ’ธ

With Bitcoin consolidating and altcoin volatility hitting extremes, leaving your capital idle is costing you money. While traditional finance stablecoin yields sit near 4.75%, the Ethena synthetic dollar is paving a highly profitable path.

โ€‹staked $USDE ($USDe) is currently delivering a trailing APY of 9.4%!

โ€‹How the Basis Trade Yield Engine Works:
Ethena doesn't rely on hype or high-risk lending.

The yield is generated through a delta-neutral basis trade:

โ€‹The Spot Leg: Holding long staked $ETH (earning 3% POS yield) and spot $BTC
โ€‹The Hedge Leg: Shorting equivalent perpetual futures on exchanges like Binance to cancel out market price fluctuations.

โ€‹The Payoff: Collecting the funding rate paid by long-side traders to short-side hedgers.
โ€‹In bullish phases, this mechanism has peaked at a massive 35.2% APY.

During range-bound cycles, it stabilizes in the comfortable 7% to 14% range, easily outperforming CeFi alternatives.

โ€‹
โ€‹Is USDE the ultimate stablecoin play for 2026, or are you concerned about funding rate reversals? Drop your thoughts below! Like and follow to stay ahead of the yield curves.

#Ethena #PassiveIncome #DEFฤฐ #Write2Earn #ENAUSDT๐Ÿšจ
ยท
--
Bullish
๐ŸŸข $ENA {future}(ENAUSDT) Short Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $1.9221K ๐Ÿ“ Liquidation Price: $0.07387 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook ๐ŸŽฏ Target: $0.07530 ๐Ÿ“ฅ Entry Zone: $0.07410โ€“$0.07430 ๐Ÿ“ˆ Take Profit: $0.07490 ๐Ÿ›‘ Stop Loss: $0.07320 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก The latest short squeeze reflects improving buying momentum as price advances into nearby upside liquidity. Wait for confirmation above the entry zone before participating, and keep position sizing disciplined to protect against unexpected reversals. #ENA #ethena #SyntheticDollar
๐ŸŸข $ENA
Short Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$1.9221K
๐Ÿ“ Liquidation Price:
$0.07387 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
๐ŸŽฏ Target: $0.07530
๐Ÿ“ฅ Entry Zone: $0.07410โ€“$0.07430
๐Ÿ“ˆ Take Profit: $0.07490
๐Ÿ›‘ Stop Loss: $0.07320
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
The latest short squeeze reflects improving buying momentum as price advances into nearby upside liquidity. Wait for confirmation above the entry zone before participating, and keep position sizing disciplined to protect against unexpected reversals.
#ENA #ethena #SyntheticDollar
ยท
--
Bearish
๐Ÿ”ด $ENA {spot}(ENAUSDT) Long Liquidation Alert ๐Ÿ’ฐ Liquidated Amount: $156K ๐Ÿ“ Liquidation Price: $0.0751 (BINANCE) โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” ๐Ÿ“Š Trade Outlook ๐ŸŽฏ Target: $0.0738 ๐Ÿ“ฅ Entry Zone: $0.0750 โ€“ $0.0752 ๐Ÿ“ˆ Take Profit: $0.0740 ๐Ÿ›‘ Stop Loss: $0.0758 โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ” โšก ELITE TRADE INSIGHT โšก The liquidation of leveraged longs points to sustained selling pressure. Allow the market to confirm continuation before entering and always trade with a defined stop loss. #ENA #ethena #crypto
๐Ÿ”ด $ENA
Long Liquidation Alert
๐Ÿ’ฐ Liquidated Amount:
$156K
๐Ÿ“ Liquidation Price:
$0.0751 (BINANCE)
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
๐Ÿ“Š Trade Outlook
๐ŸŽฏ Target:
$0.0738
๐Ÿ“ฅ Entry Zone:
$0.0750 โ€“ $0.0752
๐Ÿ“ˆ Take Profit:
$0.0740
๐Ÿ›‘ Stop Loss:
$0.0758
โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”โ”
โšก ELITE TRADE INSIGHT โšก
The liquidation of leveraged longs points to sustained selling pressure. Allow the market to confirm continuation before entering and always trade with a defined stop loss.
#ENA
#ethena
#crypto
ยท
--
Ethena (ENA) rose 3.8% this week after BlackRock integrated the project's USDe synthetic dollar into Aladdin, the asset manager's massive institutional risk-management and portfolio platform used by trillions of dollars in assets globally. The integration adds new utility features for Ethena and comes alongside positive net inflows into its stablecoin products, reinforcing a broader theme this year: yield-bearing, DeFi-native stablecoins are increasingly being plugged directly into traditional finance's core infrastructure rather than staying siloed in crypto-native apps. It's a small move in headline terms, but it's exactly the kind of "TradFi plumbing" integration that has quietly moved other RWA and DeFi tokens this year. #Ethena #ENA #BlackRock #StablecoinNews #HongKongCompletesFirstGoldTradeSettlement
Ethena (ENA) rose 3.8% this week after BlackRock integrated the project's USDe synthetic dollar into Aladdin, the asset manager's massive institutional risk-management and portfolio platform used by trillions of dollars in assets globally.

The integration adds new utility features for Ethena and comes alongside positive net inflows into its stablecoin products, reinforcing a broader theme this year: yield-bearing, DeFi-native stablecoins are increasingly being plugged directly into traditional finance's core infrastructure rather than staying siloed in crypto-native apps. It's a small move in headline terms, but it's exactly the kind of "TradFi plumbing" integration that has quietly moved other RWA and DeFi tokens this year.

#Ethena #ENA #BlackRock #StablecoinNews #HongKongCompletesFirstGoldTradeSettlement
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number