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Cryptocurrency News Articles

USDe marks Ethena Labs' recent milestone in the crypto sphere as this stablecoin offers daily dividends to users who join its platform.

May 05, 2025 at 09:39 pm

This stablecoin offers daily dividends to users who join its platform. Users can access USDe through HyperCore and HyperEVM exchanges, receiving daily rewards from their 24-hour running balance averages

USDe marks Ethena Labs' recent milestone in the crypto sphere as this stablecoin offers daily dividends to users who join its platform.

Ethena Labs’ USDe marks a recent milestone in the crypto sphere with this stablecoin offering daily dividends to users who join its platform. Accessible through HyperCore and HyperEVM exchanges, users will receive daily rewards based on their 24-hour running balance averages as of May 5th, 2025. USDe provides dual benefits from its functional characteristics and smooth connection with the main decentralized finance (DeFi) platforms of HyperCore and HyperEVM.

USDe introduces an essential crypto market solution through its decentralized dollar asset system, which rewards users at a scalable level. Ethena Labs leverages LayerZero and HyperCore technology to position USDe as a key element driving decentralized liquidity and daily earnings in the developing crypto network.

The Power of USDe: Daily Rewards and Flexibility for Users

A standout feature of USDe enables users to collect daily benefits from their kept assets. Users who verify their Hypercore wallet with at least 100 USDe will receive daily rewards, distributed using their 24-hour rolling average balance. Long-term holding and active engagement within the HyperCore ecosystem is rewarded through this system, which also serves to motivate users to participate more deeply in the platform.

HyperCore users will earn daily rewards based on their rolling 24-hour average USDe balances, distributed by @merkl_xyz

Users must hold at least 100 USDe on HyperCore to qualify

USDe can be acquired via HyperCore orderbook

Alternatively, USDe can also be transferred in via… pic.twitter.com/fV4fwSMunY

Users have available both USDe purchase options and the HyperCore orderbook connectivity to access the platform. A key advantage of this flexibility means users can choose different ways to work with the USDe stablecoin. USDe demonstrates Ethena Labs’ commitment to achieving transparency and efficient operations while offering scalable opportunities to investors and users through its daily reward mechanism.

USDe operates equally between HyperCore and HyperEVM, allowing users to access diverse applications. Through its platform-wide integration, USDe provides users with a wide array of DeFi opportunities, including yield farming and liquidity provision. USDe leads the field of stablecoins because it facilitates easy platform communication.

Bridging DeFi with USDe: Expanding Use Cases Across Platforms

USDe presents transformative capabilities that go beyond its function of generating daily income benefits. Ethena Labs’s higher vision includes USDe to link decentralized liquidity across HyperCore and HyperEVM platforms. USDe enables users to seamlessly connect with different platforms through its bridge functionality, allowing access to DeFi ecosystems more easily and optimally.

USDe and LayerZero enable users to move their assets without difficulty between the Ethereum network and HyperEVM platforms. The integration offers users complete convenience by preserving market liquidity and enabling dApps’ operation while eliminating dependence on middlemen. Because of their continued development, such improvements provide essential progress in achieving a completely decentralized financial system. One significant aspect of USDe is its role as platform collateral on Felix alongside other platforms. Collaboration between Felix and USDe allows users to access liquidity through USDe’s functions as collateral, thus enabling additional DeFi solutions. USDe allows its users to engage in diverse DeFi opportunities by enabling them to combine with USDT in liquidity pools.

USDe as a Gateway to Decentralized Financial Freedom

Ethena Labs dedicates itself to bringing decentralized finance stability and rewards by introducing USDe in the market. The asset is distinctive in DeFi because it provides daily rewards, liquidity provision, and operation across various platforms. The future expansion of decentralized finance will rely heavily on USDe as it develops into one of the essential players that link traditional financial systems with new decentralized systems.

The Ethena Labs ecosystem attracts more developers and users to USDe, positioning it to establish itself as a foundation of the decentralized economy. USDe has served as the leading force in decentralized finance since the future of DeFi has officially arrived.

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Other articles published on May 06, 2025