에테나는 스테이블코인 시장에서 건강해지고 있다, 적어도 지난 몇년간 디페깅으로 몰락하지 않았고, 고객들에게 달러 반환을 못한적도 없다, 이건 에테나 초기 sUSDe의 apy가 20%가 넘는 상황에서도 지켜냈던 성과이기도 하다 근데 앞으로 달러 예치로 다른 경쟁자들 대비 압도적으로 높은 이율을 제공할 수 있을까에 대한 의문은 남는다, 시장이 좋아졌을때 다시 베이시스 트레이딩으로의 담보 구성 리밸런싱을 해서 이전의 고이율을 제공할건가, 아니면 새로운 획기적 상품을 제공할 것인가?, 안정형 고수익은 항상 사기였다 과거 $ENA 는 USDe가 유저에게 높은 이율을 제공하고, 에테나랩스가 본인들의 수수료 수익을 통해 무언가 생태계 유지와 활성에 적극 참여할 것이라는 기대로, 그 기대로 고점을 찍었던 거다, 그 정도의 기대를 에테나가 다시 만들어낼 수 있을까에 대한 의문 지금 그 고점에 도달하려면 1550%가 올라야 한다, 거기까지 바라진 않지만, 기대보다도 더 내려가니 걱정이다

에테나 대쉬보드 담보 자산 구성에 RWA가 본격 반영됨 Janus Henderson의 JAAA, Securitize의 STAC 토큰화 펀드에 약 $500m를 할당했고, 이는 전체 에테나 담보자산의 12% 비중에 달함 그리고 '합성달러'라는 이미지와 정체성을 구축해온 에테나의 핵심 전략, 즉 베이시스 트레이딩을 통한 펀딩비 수익 창출이 차지하는 비중은 지금 기준으론 대폭 줄어 현재 전체 담보의 2.4%에 불과 #ethena

길게 말 안함 핀메시지로 두겠음 비트코인 55~60k에 올인 그게 나야.

Crypto One Liners - Crypto Currencies BTC (-1.2%) — $3B in ETF outflows over 10 sessions plus Iran-driven risk-off pressure dragged Bitcoin toward $60K; milder core CPI provided a floor but high rates capped any recovery. ETH (-11.1%) — Down 67% from its August 2025 ATH, ETH faced 17 consecutive days of ETF outflows ($401M), eight Ethereum Foundation departures, and a viral — but debunked — founder sell-off rumor. SOL (-12.7%) — A 620K token unlock, Goldman fully liquidating its SOL ETF, and Pump fun selling 100K SOL created a perfect supply storm; eight consecutive months of losses, an unprecedented streak. XRP (-9.1%) — Ripple Prime confirmed in a DTCC tokenized securities working group with Goldman, JPMorgan, and BlackRock (pilot July 2026), but the institutional headline was no match for the macro selloff. BNB (-6.0%) — The 35th quarterly burn removed $1.32B of supply permanently and RWA value surged 76% in Q1, yet price barely reacted — one of the week's bigger fundamental-vs-price disconnects. TRX (-3.5%) — Spot listing on US-regulated Bitnomial and MiFID-compliant OKX Europe perpetuals expanded institutional access on both continents; the week's most resilient major altcoin. TON (-18.0%) — Sharding upgrade caused a six-hour network outage, triggering panic selling by large holders; emergency fixes deployed but infrastructure credibility took a serious hit. XLM (-13.2%) — DTCC's Stellar tokenized securities selection sparked a sharp rally before the broader selloff and a quantum security roadmap announcement reversed all gains — textbook "buy the news, sell everything else." ENA (-37.4%) — Coinbase Ventures and Janus Henderson both invested, with USDe set to go live for 100M Coinbase users, yet a mysterious $503M PYUSD transfer fueled speculation and made ENA the week's worst large-cap performer. JUP (-27.5%) — Traded as a pure high-beta SOL proxy with no new catalysts; a June token unlock adds supply overhang despite Jupiter Lend hitting $845M TVL. SUI (-13.1%) — A gas-charging bug caused a six-hour mainnet stall and panic selling, though the confidential transfers beta launch and a sold-out SpaceX tokenized pre-IPO in 50 minutes demonstrated real product momentum. NEAR (-30.6%) — Arthur Hayes liquidated his entire position without warning, triggering a cascade of leveraged liquidations that an AI firm's infrastructure backing couldn't arrest. More one liners, including crypto currencies, crypto stocks, macro, see previous posts or link in bio.

The first product in the Ethena ✦ Coinbase collaboration is now live. The @SteakhouseFi High Yield Vault has officially launched on @Coinbase, powered by USDe on @Morpho. Coinbase's user base now has access to a best in class savings rate through the vault, live in the Coinbase App for users in the U.S. and abroad.

$ENA DAT bought large chunk of supply, inc. removing a lot of the forward investor unlocks. coinbase bought open market Janus Henderson bought open market (always possibility they only bought $100k each but let's assume they bought something half decent) NEW LOWS, AGGRESSIVE SELLING RELATIVE TO REST OF MARKET ??? WHO STILL HAS FLOAT LEFT TO DUMP ON MY HEAD SO HARD AAAAAAA

Picked the ethena team's brains on what comes after the coinbase anchorage janus henderson partnership. asked where the capacity ceiling is, what exposure they'd reject even if it pumped APY, and whether $ENA holders ever get paid. full interview 👇

할배요 에테나 10만원이아니라 10원가고있는데 어찌된거요?

Janus Henderson ($480B AUM) has taken a strategic position in ENA as part of a broad partnership with Ethena. The firm will allocate USDe in its treasury cash management, support distribution of its tokenized AAA CLO fund (JAAA on Centrifuge, capped ~$310M per position for USDe backing), and is exploring regulated exchange-traded products to deliver USDe to traditional clients. This is one of the clearest TradFi validation signals yet for Ethena’s synthetic dollar and yield model. It tightens the RWA-crypto loop with investment-grade credit backing while opening distribution channels. Bullish for legitimacy and potential inflows; the main risk remains execution speed on regulated wrappers and any credit-cycle drag from CLO exposure. ENA trades near $0.09 with ~$830M MCAP amid $5.5B USDe supply.

At the end of the day on 4/1/2026, Grayscale Decentralized Finance (DeFi) Fund Components were a basket of the following assets and weightings. $UNI $AAVE $ONDO $ENA $CRV $LDO Learn more: grayscale.com/funds/grayscal…

📦Ethena Giveaway 당첨자 굿즈 배송 시작 안내 @Ethena 티셔츠 Giveaway 이벤트 당첨자 리스트 기준으로 에테나 굿즈 오늘 택배 출고되었습니다! 빠르면 오늘, 늦어도 내일 중으로 수령 확인이 가능할 예정이며, 우수 당첨자 리워드 또한 금주 내로 순차 지급될 예정입니다. 참여해주신 모든 분들께 진심으로 감사드립니다. 🙇‍♀️🙇‍♂️ Ethena KR 텔레그램 채널: t.me/ethenakorea_ann