Ethena's APY and Funding are exhibiting typical bull market signals:
Currently, Ethena's sUSDe annualized yield has risen to 8.35%, with a Funding Rate annualized at 7.06%, which is almost a direct reflection of market bullish sentiment:
- The market is highly leveraged and bullish enthusiasm is high, pushing APY to elevated levels;
- Ethena's sUSDe is gradually becoming a representative of easy-earning stablecoins;
- But be cautious — in the long term, the current heat is just starting, but in the short term, Funding has slightly pulled back, sentiment is cooling, and there is a possibility of a correction;
Currently in the middle of a typical bull market: the easiest time to make money, but also the easiest time to become complacent.
