Ethena’s Meteoric Rise: Surpasses PancakeSwap and Jupiter in Daily Revenue

Mar 15, 2025 04:00 pm Cryptocurrency 54

Key Takeaways:

Ethena has now earned $3.28 million in daily revenue, surpassing leading DeFi protocols.

Ethena’s native token ENA saw a 4% price jump after the revenue milestone.

Strategic moves, such as treasury fund allocation, contribute to Ethena’s growth.

In a bid to transform the decentralized finance (DeFi) landscape, Ethena, an Ethereum-based stablecoin protocol, is taking the world by storm as it quickly climbs the ranks. Recent data shows Ethena’s daily take has reached $3.28 million, even eclipsing PancakeSwap and Jupiter. This remarkable achievement underscores the increasing prominence of Ethena and its stablecoin, USDe, in the crypto landscape.

USDe Fuels Ethena’s Revenue Surge

Ethena has carved out a niche for itself in the decentralized stablecoin sector since its launch. USDe is a decentralized stablecoin designed to offer enhanced stability through ..

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