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via Unchained · By Unchained (Laura Shin)
Ethena Starts Backing USDe With Tokenized Stocks on Binance, Its First Equity Basis Venue
ENA
ENA/USDT
$0.2663
+12.65%
$0.2663
+12.65%
(24s)24h Volume
$1,075,339,637.85
24h H/L
$0.2735 / $0.2188
Change: $0.0547 (25.00%)
Funding Rate
-0.0001%
Shorts pay
Data provided by COINOTAG DATALive data
U(
Unchained (Laura Shin)(03:02 PM UTC)
1 min read
Ethena will hold Binance’s bStocks as spot collateral for its roughly $4.9 billion synthetic dollar and hedge them with short positions in Binance equity perpetual futures.
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