Pendle USDe Principal Tokens Launch on Plasma with Enhanced Rewards
Pendle USDe Principal Tokens Launch on Plasma with Enhanced Rewards
🎯 Pendle PTs Go Live
Pendle USDe Principal Tokens are now live on Plasma, offering attractive yields and reward multipliers for users.
Key Features:
- USDe YT holders earn 60x Ethena Points + XPL liquid rewards
- sUSDe YTs provide 20x Points + XPL liquid rewards
- Both USDe and sUSDe PTs offer ~10% rates, above mainnet levels
- Deep liquidity available across both trading pairs
Upcoming Integration: Aave will soon onboard both sUSDe PT and USDe PT as collateral, expanding utility for leveraged positions.
Market Context: With over $3.5 billion USDT already on Aave Plasma, the platform is positioned to become the second-largest venue for leveraged Ethena PT exposure.
This launch builds on Ethena's September expansion, which saw USDe supply hit $14.5B and partnerships with major platforms like Binance.
Pendle USDe PTs are now live on @Plasma USDe YT holders are eligible for 60x Ethena Points & XPL liquid rewards, sUSDe YTs for 20x Points & XPL liquid rewards USDe and sUSDe PTs are above mainnet rates at ~10%, with deep liquidity across both pairs
Pendle is now live on @PlasmaFDN. With this, we're finally unlocking fixed yield for billions around the world, giving anyone access to Pendle's products directly through Plasma's digital bank.
USDe and sUSDe have gone live on Avalanche Ethena assets will be usable within major lending & trading DeFi apps on Avalanche, starting from today Eligible DeFi interactions on Avax will qualify for AVAX rewards & Ethena Points
Avalanche adds two giants to DeFi 🔺 sUSDe from @ethena_labs is live, a scalable reward-bearing stable asset. Together with @pendle_fi it unlocks fixed and variable yield markets on Avalanche’s low fee, sub second rails.
Ethena's sUSDe is now even more accessible from 18 chains. With @LayerZero_Core OVault, users can one click stake USDe-to-sUSDe from their preferred chain, making Ethena staking highly accessible across all chains. Deposit USDe from anywhere. Receive sUSDe everywhere.
Ethena powered dollar savings is now live for the 280m+ users on Binance Hold USDe in Binance for 12% APR on unlimited size Enjoy 🔸🔸🔸
Earn 12% APR with USDe on Binance Earn! Hold USDe to get daily rewards, trade anytime, and use as collateral. Start from just 0.01 USDe - no max limit! Know more 👉 binance.com/en/support/ann…
Here's what happened @Ethena_labs in September: • USDe & USDtb TVL crossed $16B, with USDe supply hitting $14.5B • Partnered with @Binance to integrate USDe across entire platform of 280M+ users, $190B+ assets, scaled to $3B USDe in a week • Ethena launched on @PlasmaFDN as
Combined TVL of Ethena USDe and USDtb continues to reach new all-time highs surpassing $16b
Ethena launches today on @PlasmaFDN as a core dollar asset within their DeFi ecosystem. Liquid Leverage is live on @Aave's Plasma instance, with nearly $1 billion of USDe & sUSDe deposit capacity which will benefit from the supply of USDT from Binance Earn. More Ethena-powered
The new global financial system is here.
Introducing suiUSDe and USDi: two native dollar assets for the $30b+ @SuiNetwork built on our Stablecoin-as-a-Service stack. These products will power DeFi and payments on Sui, while embedding Ethena directly within one of the fastest growing networks on earth. Both suiUSDe &
Ethena's Combined TVL Breaks $16B Milestone
**Ethena's stablecoin ecosystem hits new record** The combined Total Value Locked (TVL) for Ethena's USDe and USDtb stablecoins has **surpassed $16 billion**, marking another all-time high for the protocol. **Key highlights:** - Both USDe and USDtb contributing to the milestone - Continued growth trajectory from previous $6B supply milestone in July - Demonstrates sustained adoption in the stablecoin market This achievement reflects **growing confidence** in Ethena's synthetic dollar approach and positions the protocol as a significant player in decentralized stablecoin infrastructure.
Binance Launches Ethena USDe Savings Product with 12% APR
**Binance has launched Ethena-powered dollar savings** for its 280+ million users, offering **12% APR on unlimited USDe holdings**. Key details: - Available to all Binance users immediately - No size limits on deposits - Part of expanded Ethena-Binance partnership This integration gives Binance's massive user base access to USDe, which Ethena describes as a fast-growing digital dollar. The platform manages over $190 billion in user assets. **More USDe products coming** across additional Binance services in the coming weeks and months, signaling deeper collaboration between the two platforms. The 12% yield represents a significant return opportunity for stablecoin holders seeking alternatives to traditional savings products.