Ethena Labs' USDe Integrated By Bybit, ENA Token Value Rises

Ethena Labs' USDe Integrated By Bybit, ENA Token Value Rises


Published Tuesday 7th May 2024

Ethena Labs' USDe integrated by Bybit, ENA Token Value Rises

Bybit, a leading cryptocurrency exchange, has forged a strategic partnership with Ethena Labs to incorporate USDe as collateral in perpetual futures trading. This move has not only opened up new opportunities for traders on Bybit but has also significantly boosted the value of Ethena's native ENA token. The integration of USDe as collateral in trading activities has been met with enthusiasm from the crypto community, as it provides a secure and efficient way to trade perpetual futures while also driving up the demand for ENA tokens.

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