ENA
−3.2%Ethena expands USDe backing strategy into tokenized US equities
Ethena is expanding the basis trading strategy for USDe beyond crypto assets by incorporating tokenized U.S. equities.
- Ethena added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for USDe backing.
- The protocol plans to use Binance bStocks for spot exposure alongside offsetting positions in equity perpetual futures.
- The strategy follows an approved framework from the Ethena Risk Committee to diversify the protocol allocation strategy.
