Ethena LogoEthena

Ethena Ecosystem

An overview of apps and integrations in the Ethena ecosystem


Ethena

https://app.ethena.fi logo

USDe

Token

USDe is a synthetic dollar which aims to provide a censorship-resistant, stable, and scalable solution for the digital asset market.

Ethena

https://app.ethena.fi/earn logo

sUSDe

Token

Staked USDe is the leading savings asset in DeFi. It accumulates rewards periodically and can be obtained by staking USDe.

Ethena

https://app.ethena.fi logo

ENA

Token

ENA is the governance token for Ethena. It gives holders a voice in the direction of the Ethena protocol.

Ethena

https://app.ethena.fi/earn logo

sENA

Token

Staked ENA can be obtained by staking ENA. It is composable in DeFi, may accrue ENA rewards, and receives our highest rewards campaign multiplier.

CEXs

https://binance.com logo

Binance

Investor
ENA
Hedging Venue

Binance is the largest cryptocurrency exchange by trading volume, serving 185M+ users across 180+ countries.

CEXs

https://bybit.com logo

Bybit

ENA
USDe
Collateral
Hedging Venue

Bybit is the world's second-largest cryptocurrency exchange by trading volume. Established in March 2018, Bybit currently serves more than 40 million users and institutions.

CEXs

https://okx.com logo

OKX

Investor
Hedging Venue

OKX is a global company offering exchange and Web3 services with offices in Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas.

CEXs

https://deribit.com logo

Deribit

Investor
Hedging Venue

Founded in 2016, Deribit is the world's leading cryptocurrency options exchange.

CEXs

https://coinbase.com logo

Coinbase

Custody

Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency.

CEXs

https://Bitget.com logo

Bitget

ENA
USDe
Collateral
Hedging Venue

Bitget is a Seychelles-based cryptocurrency exchange that empowers over 20 million users across 100 countries with a focus on copy trading and various smart trading tools.

CEXs

https://kraken.com logo

Kraken

Investor
ENA

Kraken is a US-based cryptocurrency exchange where users can buy, sell and trade various assets with relatively low commissions. Clients can also earn rewards through coin staking.

CEXs

https://kucoin.com logo

Kucoin

ENA
USDe

Kucoin is a global cryptocurrency exchange that offers a variety of digital assets and trading pairs. Kucoin is known for its user-friendly interface and low trading fees.

CEXs

https://gemini.com logo

Gemini

Investor

Gemini is a New York-based cryptocurrency centralized exchange regulated by the New York State Department of Financial Services, available in all 50 U.S. states and over 60 countries.

CEXs

https://htx.com logo

HTX

ENA

HTX is a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses.

Money Markets

https://aave.com logo

Aave

USDe
sUSDe

Aave is a decentralised non-custodial liquidity protocol where users can participate as suppliers or borrowers.

Money Markets

https://morpho.org logo

Morpho

USDe
sUSDe

A permissionless and non-custodial lending protocol where users can earn interest on over-collateralized lending and borrow digital assets using immutable infrastructure.

Money Markets

https://Gearbox.fi logo

Gearbox

USDe
sUSDe

Gearbox Protocol uses Credit Account abstraction to bring together lending and prime brokerage in the same protocol.

Money Markets

https://spark.fi logo

Spark

USDe
sUSDe

Spark is on a mission to empower the DAI ecosystem by building DeFi infrastructure such as SparkLend, SparkConduits and supporting sDAI.

Money Markets

https://contango.xyz logo

Contango

USDe
sUSDe

Contango builds positions by automating looping strategies, through flash loans. When a trader opens a position, the protocol borrows on the money market.

Money Markets

https://juice.finance logo

Juice

USDe
sUSDe

Maximize your yield by using your ETH as collateral to access 300% USDB and ETH leverage to deploy & maximize point farming across the Blast ecosystem.

Money Markets

https://kamino.finance logo

Kamino

USDe
sUSDe

Solana's Borrowing, Lending, Marketing Making, and Leverage venue.

Money Markets

https://ajna.finance logo

Ajna

USDe
sUSDe

The Ajna Protocol is a noncustodial, peer-to-pool, permissionless lending, borrowing and trading system that requires no governance or external price feeds to function.

Money Markets

https://init.capital logo

Init Capital

USDe
sUSDe

Build a yield strategy and 'Hook' onto INIT. Choose a Liquidity Hook to generate yield on the holding asset.

Money Markets

https://notional.finance logo

Notional Finance

USDe

Notional is fully public, open source, and on-chain DeFi lending and leveraged yield protocol. Anyone can audit Notional's code and balances to ensure funds are secure.

Money Markets

https://origami.finance logo

Origami

USDe
sUSDe

Origami is a first-in-class automated leverage protocol launching on Ethereum.

Money Markets

https://euler.finance logo

Euler

USDe
sUSDe

Euler is a modular lending platform that enables users to lend, borrow and build without limits.

Money Markets

https://orbitlending.io logo

Orbit

USDe
sUSDe

ORBIT is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets.

Money Markets

https://particle.trade logo

Particle

USDe
sUSDe

Particle is an ecosystem of liquidity restaking protocols that enable permissionless leverage trading and interest rate swaps.

Stablecoins

https://makerdao.com logo

MakerDAO

USDe
sUSDe

MakerDAO enables the generation of Dai, the world's first unbiased currency and leading decentralized stablecoin.

Stablecoins

https://frax.finance logo

Frax

USDe
sUSDe

The Frax stablecoin is a crypto collateralized stablecoin pegged to the US dollar that is highly scalable, trustless, and ideologically pure on-chain money.

Stablecoins

https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd logo

Paypal

USDe

PayPal USD is a stablecoin backed by secure and highly liquid assets. Buy, sell, hold, and transfer it in our app or on our site.

Network

https://solana.com logo

Solana

USDe
sUSDe
ENA

Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality.

Network

https://mantle.xyz logo

Mantle

USDe
sUSDe
ENA

Build dApps with exceptional UX, all while relying on Ethereum's unrivaled security, with our high-performance Ethereum layer-2 network built with modular architecture.

Network

https://blast.io logo

Blast

USDe
sUSDe
ENA

The Fullstack Chain. The only EVM chain with native yield for ETH and stablecoins.

Network

https://arbitrum.io logo

Arbitrum

USDe
sUSDe
ENA

Arbitrum the leading Layer 2 technology that empowers you to explore and build in the largest Layer 1 ecosystem, Ethereum.

Network

https://base.org logo

Base

USDe
sUSDe
ENA

Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users onchain.

Network

https://zircuit.com/ logo

Zircuit

USDe
sUSDe
ENA

Zircuit works with all your favorite Ethereum apps. It supports all major wallets such as MetaMask, as well as tools like Hardhat.

Network

https://zksync.io logo

ZKsync

USDe
sUSDe
ENA

ZKsync is an ever expanding verifiable blockchain network, secured by math.

Network

https://bnbchain.org logo

BNB Chain

USDe
sUSDe
ENA

BNB Chain is a leading blockchain ecosystem designed to support the growing demands of the decentralized web (Web3).

Network

https://linea.build logo

Linea

USDe
sUSDe
ENA

An EVM-equivalent network, scaling the Ethereum experience. Secured with a zero-knowledge rollup to Ethereum, built on lattice-based cryptography, and powered by Consensys.

Network

https://manta.network logo

Manta

USDe
sUSDe
ENA

Manta Network is the multi-modular ecosystem for zero-knowledge (ZK) applications.

Network

https://scroll.io logo

Scroll

USDe
sUSDe
ENA

Scroll seamlessly extends Ethereum's capabilities through zero knowledge tech and EVM compatibility. The L2 network built by Ethereum devs for Ethereum devs.

Network

https://frax.com logo

Fraxtal

USDe
sUSDe
ENA

Fraxtal is a modular rollup blockchain (L2) with a "fractal scaling" roadmap.

Network

https://injective.com logo

Injective

USDe

Injective is the first blockchain to offer auto-executing smart contracts which empower faster, more innovative and groundbreaking applications.

Network

https://mode.network logo

Mode

USDe
sUSDe
ENA

Mode is an L2 contributing to Optimism's Superchain DeFi ecosystem. Build experimental DeFi on Mode, get hands-on support to scale your application and earn predictable revenue through sequencer fee sharing and developer airdrops.

Network

https://www.okx.com/xlayer logo

XLayer

USDe
sUSDe
ENA

X Layer is a ZK-powered layer 2 network that connects the OKX and Ethereum communities to allow anyone to take part in a truly global onchain ecosystem.

Network

https://metis.io logo

Metis

USDe
sUSDe
ENA

Metis is a permissionless Layer 2 network powering the next generation of decentralized applications.

Network

https://kava.io logo

Kava

USDe
sUSDe
ENA

Kava is a decentralized blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

Restaking

https://eigenlayer.xyz logo

Eigenlayer

USDe
sUSDe

Eigenlayer provides developers with access to the Ethereum staked capital base and decentralized validator set.

Restaking

https://symbiotic.fi logo

Symbiotic

ENA
sUSDe

Symbiotic is a generalized shared security system enabling decentralized networks to bootstrap powerful, fully sovereign ecosystems.

Restaking

https://karak.network logo

Karak

USDe
sUSDe

Karak is the universal restaking layer powered by the entire cryptoeconomy across every asset and every chain.

Restaking

https://jito.network logo

Jito

USDe
sUSDe

Jito Labs is a leading Solana MEV Infrastructure Company. We build high-performance systems to maximize the performance of the Solana blockchain and enhance validator rewards.

Restaking

https://solayer.org logo

Solayer

USDe
sUSDe

Solayer introduces a shared validator network that leverages the economic principles of staking to enhance Solana's base layer security.

Restaking

https://swellnetwork.io logo

Swell

USDe

Delivering the world's best liquid restaking experience, simplifying access to DeFi, and securing the future of Ethereum.

DEXs

https://curve.fi logo

Curve

USDe
sUSDe

Creating deep on-chain liquidity using advanced bonding curves.

DEXs

https://uniswap.org logo

Uniswap

USDe

Swap, earn, and build on the leading decentralized crypto trading protocol.

DEXs

https://merchantmoe.com logo

Merchant Moe

USDe

Merchant Moe is the leading decentralized exchange on Mantle Network.

DEXs

https://orca.so logo

Orca

USDe
sUSDe

Orca is your homepage for buying crypto on Solana. It is a decentralized exchange that allows users to trade tokens and earn rewards.

DEXs

https://raydium.io logo

Raydium

USDe

An on-chain order book AMM powering the evolution of DeFi.

DEXs

https://thruster.finance logo

Thruster

USDe
sUSDe

Thruster is a decentralized degen-first native DEX bringing the best of DeFi to the Blast ecosystem.

DEXs

https://drift.trade logo

Drift

USDe
sUSDe

Drift Protocol is the largest open-sourced perpetual futures exchange built on Solana, the fastest L1 blockchain.

DEXs

https://intentx.io logo

Intentx

USDe

The Future of Decentralized Derivatives. Redefining On-Chain Trading with Intent-Based Architecture

DEXs

https://synthetix.io logo

Synthetix

USDe

Synthetix provides liquidity for permissionless derivatives like perpetual futures, options, parimutuel markets, and more across EVM chains. Powering the next generation of permissionless protocols.

DEXs

https://balancer.fi logo

Balancer

USDe
sUSDe

Balancer is a Decentralized Finance (DeFi) protocol that provides permissionless technology to streamline AMM development for developers and empower liquidity providers with an ever-expanding DEX product suite.

DEXs

https://camelot.exchange logo

Camelot

USDe

The Arbitrum native DEX. Custom-built liquidity infrastructure to support builders & generate real yield.

DEXs

https://infinex.xyz logo

Infinex

USDe

The Infinex Account is the easiest way to access the world of DeFi with robust multi-chain support, and unrivalled, non-custodial security.

DEXs

https://www.derive.xyz logo

Lyra

sUSDe

Lyra is a decentralized protocol that creates unique and programmable onchain options, perpetuals, and structured products.

Yield

https://pendle.finance logo

Pendle

USDe
sUSDe
ENA
sENA

Pendle is a DeFi protocol focused on yield trading, allowing users to both fix or leverage their yield.

Yield

https://hyperlock.finance logo

Hyperlock

USDe
sUSDe

The hyper-yield source on Blast, providing high yield on Thruster LP, incentivising protocols and LP's with boosted yield and governance power on Thruster.

Yield

https://term.finance logo

Term Finance

USDe

Fixed-rate DeFi lending & borrowing protocol on Ethereum. Pioneering fixed-rate loans via auctions in crypto. Scalable, no spread, no slippage, low fees.

BTC

https://solv.finance logo

Solv

USDe

Transform your Bitcoin and its wrapped variants into SolvBTC, a single, unified liquid asset for ultimate flexibility and access.

BTC

https://bouncebit.io logo

BounceBit

USDe

The BounceBit chain ensures transparent and efficient settlement and record-keeping on-chain, reinforcing the reliability of our CeDeFi infrastructure.

BTC

https://mezo.org logo

Mezo

USDe

Turn your Bitcoin into an active, yield-generating asset with BitcoinFi. HODL Bitcoin on Mezo.

Custodians

https://copper.co logo

Copper

USDe

The market's first off-exchange settlement solution. Trade freely on centralised exchanges without moving your assets from Copper's secure MPC custody.

Custodians

https://anchorage.com logo

Anchorage

USDe

Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions.

Custodians

https://fireblocks.com logo

Fireblocks

USDe

Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets.

Custodians

https://ceffu.com logo

Ceffu

USDe

Ceffu is an institutional digital asset platform offering custody and liquidity solutions to secure, manage, and utilize your crypto assets efficiently.

Custodians

https://www.coinbase.com/prime/custody logo

Coinbase Custody

USDe

Coinbase Vault storage combines physical security, consensus computation, and strict process controls into one world-class solution.

Custodians

https://komainu.com logo

Komainu

USDe

Komainu offers clients a regulated digital asset custody solution that is secure, segregated, and verifiable on the blockchain.

Custodians

https://zodia-custody.com logo

Zodia

USDe

Empowering global institutions to navigate the digital asset landscape simply, safely, and without compromise.

Card & Payments

https://holyheld.com logo

Holyheld

USDe

Holyheld is a onchain crypto debit card. The one card for all crypto natives. Get your card, pay from your phone, use your wallet, and pick your crypto.

Card & Payments

https://gnosispay.com logo

Gnosis Pay

USDe

The world's first self-custodial Visa® Debit Card, linked to a Safe Smart Account.

Core Assets

https://ethena.fi/ logo

USDe

Placeholder

USDE is a crypto-backed synthetic dollar stablecoin that aims to provide censorship resistance, scalability, and stability. It offers a native yield, distinguishing it from traditional stablecoins.