Last week I even treated stablecoin yield as a slow variable.
$ENA on Binance at 0.163, day +6.6%; turnover about 43.9 million.
Ethena daily fee about 4.15 million, almost negligible two days ago.
OKX positions about 13.5 million, roughly 0.31x daily turnover.
The ledger blew up first—neither the tickets nor the positions caught up.
#Ethena #稳定币收益
$ENA on Binance at 0.163, day +6.6%; turnover about 43.9 million.
Ethena daily fee about 4.15 million, almost negligible two days ago.
OKX positions about 13.5 million, roughly 0.31x daily turnover.
The ledger blew up first—neither the tickets nor the positions caught up.
#Ethena #稳定币收益