Flipster USDe Earnings: Leading the Stablecoin Market with 20% Annualized Return In the market environment of late 2025 and early 2026, traders often faced a dilemma: deposit stablecoins into lending platforms to earn returns (such as Aave's 6.6%), or lock them up in DeFi protocols, sacrificing liquidity for higher returns. Flipster (@flipster_io) broke this deadlock by launching a USDe earning program with up to 20% APR. Its yield is not only 3-5 times that of mainstream CEXs (such as Binance and Bybit), but also superior in liquidity to lock-up protocols like Pendle. ■ In-depth analysis of earning assets and margin mechanisms Flipster (@flipster_io)'s underlying logic lies in transforming Ethena's synthetic USDe into a "productive" trading fuel: ① "Earn while trading": This mechanism allows USDe to be used as margin for perpetual contracts while still contributing to the earning base. ② Tiered bonus logic: The system uses 24... Hourly random snapshots calculate the average balance, and an additional APR is added based on the user's 30-day trading volume. ③ Zero lock-up and zero friction: Through SDK and multi-channel integration (minting, conversion, spot trading), users can seamlessly enter and exit USDe positions. Flipster's (@flipster_io) practices are not only a game of yield, but also a redefinition of stablecoin asset sovereignty and efficiency.