Why This New Stablecoin Will Make You Want to Trade Your Socks for USDe

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Guess what? Ethena’s USDe stablecoin has just dropped on Hyperliquid’s decentralized exchange and HyperEVM blockchain. Hold onto your wallets, folks, because daily rewards are now a thing. 🤑

Make it Rain with USDe on Hypercore and HyperEVM 💸

Say hello to USDe, the stablecoin created by Ethena Labs, now gracing the illustrious Hyperliquid exchange and HyperEVM network. That’s right, it’s spreading like wildfire. 🔥 Users of Hypercore who are sitting pretty with at least 100 USDe will get daily rewards airdropped to their wallets, based on their 24-hour average balances. Get ready for those sweet Merkl-powered incentives to roll in like an overdue paycheck. 💰

//news.bitcoin.com/what-is-layerzero-a-beginners-guide/”>Layerzero-powered Stargate Finance. Oh, and did we mention that you can transfer USDe between Hypercore and HyperEVM with the “EVM <> Core Transfer” feature? Yeah, talk about seamless. 💡

But wait, there’s more! The stablecoin is fully fungible across both systems. That means you can flex your USDe on both networks, though liquidity right now is more concentrated on Hypercore. Ethena Labs is also partnering with some cool cats like Hyperunit, allowing USDe holders to borrow against assets like BTC, ETH, and SOL on platforms like Euler Finance and Felix Protocol. So basically, you can put your stablecoin to work while sipping your morning coffee. ☕

If that wasn’t enough, USDe is also ready to pair up with feUSD on Curve Finance, where rewards, including 30x multipliers on Ethena incentives, are up for grabs. Because who doesn’t love a good multiplier? 💪

And just when you thought we were done—future integrations will expand USDe’s reach even further. We’re talking cross-chain bridging via Layerzero, fixed-rate offerings with Pendle, and next-gen AMMs thanks to Valantis Labs. Hyperliquid is also planning to roll out earn incentives on Pvp.trade, because apparently, they can’t stop making this cooler. 😎

USDe is not just a coin, it’s a movement. Positioned as a cornerstone asset within the Hyperliquid ecosystem, it’s all about giving you more ways to earn while making sure Hyperliquid stays at the top of the decentralized derivatives game. Developers are calling this phase just the beginning. Brace yourselves for more, people. 🚀

In summary, USDe is all about boosting capital efficiency for its users while cementing Hyperliquid’s place in the world of decentralized liquidity markets. Stay tuned for more, because this party is just getting started. 🥳

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2025-05-05 22:35