A new development from Ethena and Binance
Ethena teams up with Binance to expand its USDe support strategy to tokenized stocks and perpetual stock contracts.
The idea? 👇
Ethena uses Binance bStocks for an instant exposure to stocks, then hedges that exposure through Equity Perpetuals to maintain a delta-neutral strategy. According to data provided by Ethena, the open interest for perpetual stock contracts on Binance surpassed $2.9 billion.
This move means the USDe strategy is no longer relying solely on crypto markets, but has begun to benefit from the intersection of DeFi × tokenized stocks × derivatives.
Could tokenized stocks become a major source of USDe returns in the future?
$ENA $USDE $BNB #ethena #Binance #USDe #Tokenization
Ethena teams up with Binance to expand its USDe support strategy to tokenized stocks and perpetual stock contracts.
The idea? 👇
Ethena uses Binance bStocks for an instant exposure to stocks, then hedges that exposure through Equity Perpetuals to maintain a delta-neutral strategy. According to data provided by Ethena, the open interest for perpetual stock contracts on Binance surpassed $2.9 billion.
This move means the USDe strategy is no longer relying solely on crypto markets, but has begun to benefit from the intersection of DeFi × tokenized stocks × derivatives.
Could tokenized stocks become a major source of USDe returns in the future?
$ENA $USDE $BNB #ethena #Binance #USDe #Tokenization
