What is Ethena?

Ethena is a synthetic dollar protocol built on crypto infrastructure, issuing fully backed, dollar-denominated digital asset USDe, and a savings asset sUSDe that can be globally accessed instantly, autonomously and permissionlessly to accumulate yield.

Platform Features

The platform boasts unparalleled transparency, offering one of the highest yields globally, real-time views, and monthly custodian attestations, allowing users to globally access an asset that automatically accumulates yield instantly.