Ethena

2026-10-04 02:10:40

Ethena posts commitment hash, hinting at a possible major disclosure

Ethena posted a 64-character hexadecimal hash on Oct. 4 from its official account, without any explanation: 「dbb9a9d565a0e3aec59e775c498afbf8a58dff33b860f977ebe73c59ff868cdc」. According to Foresight News, crypto projects often use this method as a commitment scheme. They first publish the hash of content that will be revealed later, then disclose the original text afterward. Anyone can then hash the disclosed text again and compare the result with the earlier post to verify that the content had already been fixed in advance. The post has led to speculation that Ethena may be preparing to announce something significant, though no further details were included in the original message.

ARK Invest

2026-10-01 15:17:46

ARK Invest says tokenized stocks are reshaping Ethena’s runway

ARK Invest Director of Digital Asset Research Lorenzo Valente said tokenized equities are changing the setup for Ethena and its ENA ecosystem. In his view, USDe supply bottomed at $3.8 billion and has since risen by about 30% to nearly $5 billion. He said inverted or weak crypto funding rates had previously pushed more USDe collateral into off-chain yield sources such as Treasuries, while sUSDe’s average annualized return at one point approached or fell below SOFR. Valente also said market cap stagnation and limited open interest had constrained growth. He added that basis trading has recovered to about 20% of collateral and is growing quickly, while the roughly $70 trillion U.S. equity market, with average annual gains of more than 8%, could support persistent long demand, positive funding, lower volatility, and cheaper hedging. Based on that shift, he said USDe now has its first clear path to scale beyond $20 billion in supply, and reaching $30 billion to $40 billion over the next 12 to 18 months would not be surprising. He also expects Ethena Pay to add support from the demand side.

Ethena

2026-10-01 11:51:36

Ethena says USDe supply grew by more than $700 million in September

Ethena said in its September review of USDe that the token’s supply increased by more than $700 million during the month. The update also said USDe has become the second-largest collateral asset on Morpho and the largest dollar-denominated collateral asset on the platform. In addition, USDe now supports two of the protocol’s three markets. The disclosure was cited by Odaily in a brief market update published on Oct. 1, 2026. No further figures or breakdowns were provided in the source material.

Ethena

2026-10-01 11:59:41

Ethena says USDe supply has grown by more than $700 million, becoming Morpho’s largest dollar-denominated collateral asset

Ethena said USDe supply has increased by more than $700 million and has become the largest dollar-denominated collateral asset on Morpho. The update was cited by ChainCatcher in a 7x24 news brief. No other figures or timeline details were disclosed in the item. The statement centers on two points: supply growth for USDe and its position on Morpho by dollar-denominated collateral value. The source report did not provide additional context beyond Ethena’s disclosure.

ChainFeeds

2026-10-01 02:28:11

Robinhood Presses Coinbase as Token Buybacks and SEC Policy Shift Reshape Crypto Debate

ChainFeeds’ Oct. 1 research digest pulled together five separate but connected conversations now shaping crypto markets. One thread focused on Robinhood’s push beyond brokerage into onchain finance, where Robinhood Chain, event contracts and tokenized stocks are putting pressure on several of Coinbase’s core businesses at once. Another examined token buybacks through the examples of AAVE and Pump.fun, arguing that the destination of repurchased tokens matters as much as the buyback itself: treasury retention, staking redistribution, reserve allocation and permanent burns do not carry the same implications for supply. The digest also highlighted Jeff Dorman’s argument that a softer stance from the U.S. Securities and Exchange Commission has reopened a question the market had long avoided under legal pressure: whether crypto tokens should capture real economic value from the protocols they represent. Michael Saylor’s latest explanation of Strategy’s “digital credit” model, built on a single balance sheet spanning bitcoin, dollars, debt, preferred stock and common equity, rounded out the institutional side of the report. The final section turned to Ethena and ENA, where buyback expectations are colliding with a scheduled Oct. 5 unlock of 1.4 billion tokens.

Ethena

2026-10-01 02:20:00

Ethena says USDe reserves hold no stETH, expects no impact from staking security incident

Ethena said in a post on X that it is aware of the current staking-related security incident and does not expect the situation to affect the project. The team stated that assets backing USDe do not directly include stETH or any other liquid staking tokens. Based on that reserve composition, Ethena said it expects no impact on its operations from the incident. The statement was issued in response to market attention around the event and focused specifically on the makeup of USDe reserves.

Ethena

2026-10-01 02:12:00

Ethena founder says Ethereum node operator security incident is not expected to affect the protocol

Ethena founder Guy Young said in a social media post that he is aware of an ongoing security incident involving an Ethereum node operator. He added that USDe’s backing assets currently have no direct exposure to stETH or any other liquid staking token. Based on that asset structure, Young said the incident is not expected to have an impact on Ethena. The statement was reported by ChainCatcher.

Standard Char

2026-09-30 20:57:32

Standard Chartered projects Ethena’s USDe at $40 billion by 2028, with ENA seen at $2

Standard Chartered has started coverage on Ethena’s ENA token and says the protocol’s USDe stablecoin could expand to $40 billion in supply by the end of 2028. In a research report shared with Cointelegraph on Wednesday, the bank set a year-end 2028 target of $2 for ENA, about seven times the $0.28 reference price cited in the note. It also said USDe could grow slightly faster than the broader stablecoin market over the same period. The bank’s thesis rests on Ethena broadening its yield sources beyond the crypto basis trade that has historically supported USDe. Standard Chartered said lower returns from the strategy of holding spot crypto while shorting perpetual futures have pushed Ethena toward DeFi, institutional lending, real-world assets, and basis trades linked to equities and commodities. Those activities currently produce a blended yield of 5.2%, according to the report. A second pillar of the bank’s view is ENA buybacks. Standard Chartered said a fee switch approved by Ethena governance in early September directs 95% of net revenue from business lines to ENA buybacks once USDe reaches certain supply thresholds. The bank argues that if USDe scales as projected, buybacks could become large enough to support a higher ENA valuation.