
Ethena Expands Ecosystem With Launch of Self-Custodial Money App
The project emphasized that the new app is not a bank.

The project emphasized that the new app is not a bank.

Ethena has launched Ethena Pay in beta for 400 early users, bringing USDe payments, Avalanche settlement and annual reward rates of up to 6% to a self-custodial mobile app. Ethena Pay connects USDe balances with daily payments Ethena said in…

The iOS beta starts with 400 users, while official terms cap boosted balances and put cashback at up to 5% — not 10%.


Ethena Labs has launched the beta of Ethena Pay, a new self-custodial money app built on Avalanche, across 48 countries.
The crypto market will welcome tokens worth around $1.5 billion in the first week of September 2026. Major projects, including Hyperliquid (HYPE), Ethena (ENA), and Sui (SUI), will release significant new token supplies. These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch. 1. Hyperliquid (HYPE)

Ethena founder expects the $6B RWA perps market to 100x in the next 1-2 years

Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin’s as the synthetic dollar looks to recover from its 2026 contraction. On Aug. 28, Ethena revealed plans to extend the basis strategy behind USDe into equity perpetual futures, where open interest has surged to about $6.2 billion […]

Ethena's strategic shift to equities and commodities could significantly broaden USDe's market potential, enhancing its reserve diversification.

Ethena is expanding USDe into equity perps as it overhauls ENA tokenomics and looks to reignite ecosystem growth.

Ethena's strategy could stabilize ENA's market by aligning token buybacks with USDe growth, but it risks revenue dependency on volatile yields.

The announced rollout is still forthcoming, with the first partner exchange announcements and deployments expected in the coming weeks.


Ethena's strategic shift to equity perpetuals could redefine synthetic dollar backing, potentially stabilizing and diversifying yield sources.

The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.

ENA's extended rally may depend on revenue mechanics after the fee switch goes live.
Charles Schwab said Thursday it will add Solana, Avalanche and Chainlink to its retail crypto platform, and SOL rose 12.9% to lead the ten largest tokens. Ethena gained 21.9% after its research team proposed routing 95% of net revenue into ENA buybacks.

Ethena has proposed directing 95% of net revenue from its branded businesses toward ENA buybacks once USDe supply reaches $7.5 billion, as the protocol also moves to end monthly investor unlocks and separate ecosystem economics from Ethena Labs equity. According…

Ethena Foundation announced four updates, including buying locked ENA tokens and ending future monthly investor unlocks.
