Ethena

Introducing @EthenaPay: the internet money neobank.

→Card spend cashback at 5.0%
→Best-in-class 6.0% dollar savings rate
→Borderless, free, instant global money transfers
→Free global onramps in USD, GBP, EUR and local FX
→Multi-currency high-rewards savings accounts in local FX
→Unified fiat IBAN integration with self-custodial stablecoin accounts
→Buy Now Pay Never where your savings rewards covers daily expenses

Not coming soon™️. Live now to download on iOS.

sUSDe is back above 5% rewards APY.

Market-leading rewards at scale.

The transparency page now has a dedicated Institutional Lending dashboard, one of the most detailed views of lending-related deployments in the space.

Every loan, custodian and LTV, marked in real time.

Transparency stays a priority, and there's more to come.

app.ethena.fi/dashboards/ins…

Here's what happened @ethena in October:

• Passed $800m in total rewards distributed.

• Partnered with @ether_fi to launch their own stablecoin, powered by Ethena Whitelabel.

• Launched Earn+ on @EthenaPay. Users can earn up to 12% rewards in a single tap.

• USDe went live on @XLayerOfficial and OKX @wallet, with one-click USDe looping in OKX Wallet coming soon.

• Standard Chartered initiated research coverage of Ethena, forecasting ~8x USDe growth over the next two years.

• Operated through the Binance-related security incident with no issues.

• @EthenaPay crossed $5m in card volume, while still in beta.

• USDe on Monad crossed $100m for the first time.

• USDe became the second-largest dollar asset on @base behind USDC.

USDe Proof of Reserves are typically provided on a weekly basis by 3rd party independent attestors including leading firms such Chainlink and Llama Risk.

Following the events that have unfolded in the last few hours, we have provided a Proof of Reserves which has been linked below this message.

Each of these independent 3rd parties mentioned above have confirmed USDe remains overcollateralised by more than $60m at >101.0%.

No USDe backing resides directly on Binance or any centralized exchange.

All funds are safe. Maximum transparency.