Ethena Ecosystem

An overview of apps and integrations in the Ethena ecosystem

Launch App

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
Mint / Redeem

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://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://gate.io logo

Gate.io

USDe
sUSDe
ENA
Collateral

Established in 2013, Gate.io has consistently ranked among the top 10 exchanges. It is a full-service digital asset exchange platform covering millions of users around the world.

CEXs

https://www.mexc.com/ logo

MEXC

ENA
USDe
Collateral

Founded in 2018, MEXC is known as the exchange of high performance and mega transaction matching technology. The team at MEXC are some of the first movers and pioneers of financial and blockchain technology.

CEXs

https://deribit.com logo

Deribit

USDe
Investor
Hedging Venue
Collateral

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

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://coinbase.com logo

Coinbase

Custody

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

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.

Money Markets

https://www.lendle.xyz/ logo

Lendle

USDe
sUSDe

Lendle is a decentralized lending protocol on Mantle Network enabling efficient lending and borrowing of digital assets.

Money Markets

https://venus.io/ logo

Venus

USDe
sUSDe

Venus Protocol is a decentralized money market protocol on BNB Chain enabling users to lend and borrow digital assets.

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

Derive

USDe
sUSDe

Derive 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.

DEXs

https://stargate.finance/ logo

Stargate Finance

USDe
sUSDe

Stargate Finance is a fully composable native asset bridge with unified liquidity and instant guaranteed finality built on top of LayerZero.

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.

Yield

https://www.pendle.magpiexyz.io logo

Penpie

USDe
sUSDe
ENA
sENA

Penpie is a next-generation DeFi platform designed to provide Pendle Finance users with yield and veTokenomics boosting services.

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.

BTC

https://www.avalonfinance.xyz logo

Avalon Labs

USDe

The Hub for BTCFi. Borrow stablecoins at fixed rates starting as low as 8%

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.

Structured Products & Options

https://polynomial.fi/ logo

Polynomial

sUSDe

Polynomial is a Ethereum L2 with a native liquidity layer for hyper-scaling derivatives.