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![TheDeFiPlug Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::45717966.png) THEDEFIPLUG [@TheDeFiPlug](/creator/twitter/TheDeFiPlug) on x 53.8K followers
Created: 2025-07-23 11:44:57 UTC

@0xCheeezzyyyy @ethena_labs absolutely, the coverage angle is massively underpriced right now.

most are focused on $USDe metrics & the fee-switch but institutional involvement in coverge opens a new distribution layer entirely.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947986286792380554/c:line.svg)

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