Hypliquid Exchange在HypereVM网络上启动USDE Stablecoin

Ethena Labs已宣布将其USDE Stablecoin正式发布到超流动交易所和HypereVM网络上。这种扩展将USDE整合为超级流动生态系统中的屈服数字美元

Ethena Labs has announced the official launch of its USDe stablecoin on the Hyperliquid exchange and HyperEVM network.

Ethena Labs已宣布将其USDE Stablecoin正式发布到超流动交易所和HypereVM网络上。

This expansion integrates USDe as a yield-bearing digital dollar within the Hyperliquid ecosystem, supporting spot trading and decentralized finance (DeFi) functionalities.

这种扩展将USDE纳入超流利生态系统中的屈服数字美元，支持现货交易和分散的金融（DEFI）功能。

> HyperCore users will earn daily rewards, based on a rolling 24hr average of their USDe spot exchange balances. These will be paid out in HYENA via Merkl, a decentralized reward distributor. Minimum balance of 100 USDe required for daily rewards.

> HyperCore用户将根据其USDE现货交换余额的24小时平均值，每天赚取奖励。这些将通过分散的奖励分销商Merkl在Hyena中支付。每日奖励所需的最低余额为100 USD。

HyperCore users will earn daily rewards, based on a rolling 24hr average of their USDe spot exchange balances. These will be paid out in HYENA via Merkl, a decentralized reward distributor. Minimum balance of 100 USDe required for daily rewards.

HyperCore用户将根据其USDE现货交换余额的24小时平均值，每天赚取奖励。这些将通过分散的奖励分销商Merkl在Hyena中支付。每日奖励所需的最低余额为100 USD。

This builds on the existing HYENA rewards available through staking on HyperEVM. Hyperliquid's token will be distributed in accordance with a snapshot at 00:00 UTC on May 8, 2025. After this time, HYENA will be allocated based on a pro-rata formula applied to USDe liquidity across the exchange.

这建立在通过在HypereVM上的现有鬣狗奖励。 Hyperliquid的令牌将根据2025年5月8日UTC的快照进行分配。此后，将根据在整个交易所中应用于USDE流动性的Pro-Rata公式分配HYENA。

The integration of USDe on HyperCore will also see the launch of sUSDe staking in Blockfolio’s HyperCore environment. This will provide users with another opportunity to earn HYENA, which will be allocated based on sUSDe liquidity.

USDE在HyperCore上的集成也将在Blockfolio的HyperCore环境中发布Susde Staking。这将为用户提供另一个赚钱的机会，将根据SUSDE流动性分配。

A snapshot of sUSDe stakers will be taken at 07:00 UTC on May 8, 2025, to determine the initial distribution of Ethena’s token. Afterward, HYENA will be allocated to sUSDe stakers pro-rata based on their total sUSDe.

Susde Stakers的快照将于2025年5月8日在07:00 UTC拍摄，以确定Ethena令牌的初始分布。之后，鬣狗将根据他们的苏塞德（Susde）总部分配给苏斯德·史塔克斯（Susde Stakers Rata）。

A snapshot of sUSDe stakers will be taken at 07:00 UTC on May 8, 2025, to determine the initial distribution of Ethena's token. Afterward, HYENA will be allocated to sUSDe stakers pro-rata based on their total sUSDe.

Susde Stakers的快照将于2025年5月8日在07:00 UTC拍摄，以确定Ethena令牌的初始分布。之后，鬣狗将根据他们的苏塞德（Susde）总部分配给苏斯德·史塔克斯（Susde Stakers Rata）。

This builds on the existing HYENA rewards available through staking on HyperEVM. Hyperliquid's token will be distributed in accordance with a snapshot at 00:00 UTC on May 8, 2025. After this time, HYENA will be allocated based on a pro-rata formula applied to USDe liquidity across the exchange.

这建立在通过在HypereVM上的现有鬣狗奖励。 Hyperliquid的令牌将根据2025年5月8日UTC的快照进行分配。此后，将根据在整个交易所中应用于USDE流动性的Pro-Rata公式分配HYENA。

Integration Details and Cross-Chain Capabilities

集成细节和跨链功能

Users maintaining a minimum 100 USDe balance on HyperCore will receive daily rewards, calculated as the 24-hour average of their USDe holdings. These incentives will be credited to their accounts in HYENA via Merkl, a decentralized reward platform.

维持HyperCore至少100 USD余额的用户将获得每日奖励，计算为24小时的USDE持有量。这些激励措施将通过分散的奖励平台默克尔（Merkl）在鬣狗的帐户中归功于他们的帐户。

USDe can be directly purchased through the HyperCore orderbook. Moreover, users can easily transfer USDe between HyperCore and HyperEVM using the "EVM <> Core Transfer" option accessible on Hyperliquid's portfolio page. This feature allows seamless transfer between addresses linked to both environments, with initial liquidity concentrated on HyperCore.

USD可以直接通过HyperCore Orderbook购买。此外，用户可以在Hyperliquid的投资组合页面上使用“ EVM <> Core Transfer”选项轻松地在HyperCore和HypereVM之间传输USDE。此功能允许在链接到两个环境的地址之间无缝传输，初始流动性集中在超核上。

Hyperliquid users can bridge USDe to HyperEVM using Stargate Finance, a cross-chain solution powered by LayerZero. This integration enables users to leverage the stablecoin across multiple networks while maintaining asset fungibility. Ethena Labs confirmed that USDe is fully interchangeable between HyperCore and HyperEVM from launch, supporting cross-chain use cases.

超流动用户可以使用layerzero驱动的跨链解决方案stargate Finance将USDE桥接至HypereVM。这种集成使用户能够在多个网络上利用稳定的稳定性，同时维持资产函件。 Ethena Labs证实，USDE可以在发射中完全互换HyperCore和HypereVM，从而支持跨链用例。

To enhance capital efficiency, Hyperliquid has partnered with the Hyperunit team. Users can borrow USDe against Unit BTC, ETH, and SOL on lending platforms including Euler Finance, Felix Protocol, Hyperdrive DeFi, and HyperBeat. This functionality supports on-chain borrowing for users holding Unit assets across the HyperEVM network.

为了提高资本效率，Hyperliquid与Hyperunit团队合作。用户可以在借贷平台上借用USDE，并在包括Euler Finance，Felix协议，HyperDrive Defi和Hyperbeat的贷款平台上借用USDE。此功能支持持有HypEREVM网络持有单位资产的用户的链借贷。

Expanded Use Cases Through DeFi Integrations

通过DEFI集成扩大用例

Beyond borrowing, users can engage in yield strategies by pairing USDe or its staked version, sUSDe, against feUSD on Curve Finance. This unlocks access to Felix points, sUSDe APY, and Ethena reward multipliers of up to 30x. These opportunities boost reward generation for stablecoin liquidity providers.

除了借贷外，用户还可以通过将USDE或其固定版本Susde与Feusd配对曲线融资来参与收益策略。这可以解锁对Felix积分，Susde APY和Ethena的访问权限，奖励高达30倍的乘数。这些机会增强了稳态流动性提供者的奖励生成。

The sUSDe token will also be accepted as collateral within Felix Vanilla markets, expanding its utility across HyperEVM-native applications. Ethena Labs has hinted at future integrations, such as fixed-rate opportunities via Pendle and advanced automated market-making features through Valantis Labs.

Susde代币也将被接受为Felix香草市场中的抵押品，从而扩大了其在HypereVM本地应用中的效用。 Ethena Labs暗示了未来的集成，例如通过Pendle和通过Valantis Labs通过Pendle和先进的自动营销功能的固定利率机会。

Hyperliquid has positioned USDe as a key asset in its evolving DeFi infrastructure. Additional features, including upcoming incentives through Pvp.trade, are developing to further encourage user participation.

Hyperliquid将USDE定位为其不断发展的Defi基础架构的关键资产。其他功能，包括即将通过PVP.Trade进行的激励措施，正在开发以进一步鼓励用户参与。

The launch of USDe marks a strategic step in expanding Hyperliquid's role in the decentralized derivatives and liquidity space. USDe aims to provide scalable infrastructure for DeFi participants in both centralized and decentralized environments by combining cross-chain access, real-time incentives, and lending utility.

USDE的推出标志着扩大超流动性在分散衍生品和流动性空间中的作用的战略步骤。 USD的目的是通过结合跨链访问，实时激励措施和贷款实用程序，为集中式和分散环境中的Defi参与者提供可扩展的基础架构。