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Ethena Labs announces Coinbase International Site as USDe Underlying Asset Hedging Platform
By: theblockbeats.news|2025/07/10 16:08:55
BlockBeats News, July 10th, Ethena Labs announced that Coinbase Pro has become the latest hedging platform for the underlying asset of USDe. "The unclosed contracts on Coinbase Pro have recently exceeded $1 billion, providing important liquidity that can be utilized to hedge the underlying asset of USDe through attractive funding rate arrangements."
An address withdrew 72,050 ETH from a CEX around 22 hours ago, totaling $200 million in value.
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