USDe, the stablecoin of Ethena Labs, has been deployed on the Hyperliquid exchange and HyperEVM blockchain, offering rewards and DeFi integration opportunities.
Ethena Labs has taken an important step in expanding its ecosystem strategy by officially deploying the USDe stablecoin on the decentralized exchange Hyperliquid and HyperEVM blockchain. This move move not only expands the application scope of USDe but also brings new opportunities for users to optimize profits from digital assets.
Profit Optimization through Rewards and DeFi Integration
According to the announcement, Hypercore users holding a minimum of 100 USDe will automatically receive daily rewards through the Merkl platform platform. These rewards are calculated based on the average balance over 24 hours, creating an incentive to maintain assets on the platform.
USDe is positioned as a USD-alternative asset with income-generating potential and serving both spot trading and decentralized financial activities. Users can purchase USDe directly through the order book on Hypercore or transfer to HyperEVM via a bridge provided by LayerZero with Stargate Finance integration.
Ethenaos Labs has also deployed the Elt;> Core Transfer" allowing users to convert UUDs between Hypercore and HyperEVM directly on the Hyperliquid platform. Although USDe can completely replace each other between two systems, liquidity is currently mainly concentrated on Hypercore.
Strategic partnerships with projects like Hyperunit will expand USDe's utility, allowing users to use this assetset as collateral to borrow Unit BTC, ETH and SOL on platforms like Euler Finance and Felix Protocol. Additionally, USDe or its staking version sUSDe holders can pair with feon curve additional 30x incentives from ethena's.
Ethena Labs' next development roadmap for USDe includes expanding cross-chain interoperability through LayerZero bridge, developing fixed interest products with Pendle, and deploying advanced automated market-making models AMmodels with Valantis Labs.Iqside plan incentulation the the Pvp..of The deploymenteRliquid ecosystem transforms this stablecoin into a core asset in the develop the ecosystem, combining income generation with cross-chain interoperability. By spot trading incentives with-chain DeFapplicationsi, USDe aims to enhance capital efficiency for users while consolidating Hyperliquid's role as a decentralized derivatives and liquidation trading center in the decentralized financial space.
