🤝 @Ethena unveils a partnership with @Binance
#Ethena partners with #Binance to expand into equity perpetuals, using tokenized stocks #bStocks as collateral and USDT-denominated contracts for hedging. This new market-neutral strategy targets price differences between tokenized stocks and equity perpetuals. Binance will also give eligible delta-neutral accounts, including Ethena, lower automatic deleveraging priority to improve trading stability.
- by PhoenixGroup
$ENA
#Ethena partners with #Binance to expand into equity perpetuals, using tokenized stocks #bStocks as collateral and USDT-denominated contracts for hedging. This new market-neutral strategy targets price differences between tokenized stocks and equity perpetuals. Binance will also give eligible delta-neutral accounts, including Ethena, lower automatic deleveraging priority to improve trading stability.
- by PhoenixGroup
$ENA
