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CoinSh0t Avatar Coin Shot ☁️ @CoinSh0t on x 16.3K followers Created: 2025-07-25 18:43:17 UTC

6/➮ $ENA | @ethena_labs

Ethena is a synthetic dollar protocol on Ethereum, offering a yield-bearing stablecoin called USDe backed by crypto collateral and delta-neutral strategies

It aims to create a scalable on-chain alternative to traditional banking deposits without relying on fiat reserves

MC: $3.4B CA: 0x57e114b691db790c35207b2e685d4a43181e6061

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Related Topics ena 0x57e114b691db790c35207b2e685d4a43181e6061 $34b fiat banking onchain usde coins stablecoin

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