📈 Ethena ENA surged by 20%
The ENA token from Ethena gained 20% in a day, reaching $0.50. This is due to a $750 million increase in new inflows resulting from higher crypto funding rates. The protocol, utilizing dollar assets and Ethereum, successfully generates returns of up to 10% for investors. Cool, but what's more interesting is that the funding rates have reached positive values, which in turn generates income. For comparison, risky investments yield more than interest-free deposits.
#Ethena
