Despite the market volatility, Ethena’s USDE Token continues to be balanced at the level of $ 1. Designed in a synthetic structure, Token is supported by derivative vehicles, unlike traditional stablecoins. Investors are interested in USDE due to a 10 -year return rate and increasing market value. According to the latest data, the market value of the token exceeded $ 6 billion. Experts say that this performance reflects the search for trust in the crypto money market.
The structure and return of USDE
USDE stands out as a synthetic stablecoin that is not directly supported by Fiat money or commodity. It protects its value with other fixed tokens and futures contracts. The system ensures that it is balanced by $ 1 thanks to high -volume derivative transactions. Token’s financing rate is at a positive level that allows long position holders to pay for short positions.
The reserve fund reached $ 46.6 million USDE, left behind sustainability concerns. The 10 %return rate, which has been fixed for the last 30 days, offers an attractive alternative for investors. The Ethena team emphasizes that the token is resistant to market shocks with algorithmic mechanisms.
Market Dynamics
USDE’s market value, compared to last week from $ 5.7 billion to $ 6 billion. This increase reflects investor confidence despite the uncertainty in the crypto money market. The Maelstrom fund, led by Arthur Hayes, brought USDE holdings to a record level. Hayes, Bitcoin $95,293.4will evaluate the purchase opportunities in possible decreases.
Positive financing rates support investors’ risk appetite. Some analysts predict that USDE can be adopted as a “safe port” during the volatility periods. However, the long -term stability of the token seems to depend on the growth rate of the reserve fund.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
