According to Ai 姨 (@ai_9684xtpa), Ethena has announced that all spot assets supporting USDe are held in custody solutions outside of exchanges, with no funds stored on any exchange, including Bybit. This indicates a secure approach to asset management.

According to Ai 姨, Ethena has 21% of its USDe engaged in a Delta neutral hedging strategy on Bybit, with the ETH portion valued at $227 million. Following Bybit's confirmation of a breach, ENA has fallen by 11.5%, erasing today's gains.

According to Nic Carter, renowned for his insights into the cryptocurrency market, several cryptocurrency projects including Solana, Monad, Ethena, Lulo, and MapLe are gaining attention. Solana is noted for its high transaction speed, which can be attractive for traders looking for efficiency in trading. Monad offers a unique consensus mechanism that could impact its market performance. Ethena's innovative approach in decentralized finance is drawing interest from investors. Lulo and MapLe are also emerging as potential players with their distinct features, suggesting they may offer new opportunities in the trading sector.

According to Ai 姨, Ethena has rapidly become the third-largest USD asset in the cryptocurrency market, achieving a supply of $6 billion within 10 months. It is also the second-fastest cryptocurrency startup to reach $100 million in revenue, highlighting its significant growth potential and market impact.

According to Santiment, the cryptocurrency market experienced an overreaction to Trump's tariffs early Monday, but quickly reversed later in the day. This reversal resulted in significant gains for assets such as Mantra (+23%), DeXe (+18%), Ethena & Staked Ethena (+17%), and Mantle. Traders who initially panicked by selling off their assets found themselves at a loss as the market corrected itself. This highlights the importance of staying informed and avoiding knee-jerk reactions in volatile markets.

According to Ai 姨 (@ai_9684xtpa), Ethena, one of the most popular projects in the first half of the current bull market, has successfully maintained its fully diluted valuation (FDV) in the multibillion range by consistently introducing compelling narratives that attract market interest. This strategy highlights Ethena's ability to leverage its core assets effectively, setting it apart from other projects with similar valuations. Ai 姨 notes that few projects manage to sustain their market appeal in this manner.

According to Ai 姨 (@ai_9684xtpa), Ethena is one of the most popular projects in the first half of the current bull market. The project's ability to maintain a high fully diluted valuation (FDV) while continually crafting new narratives that attract market interest is notable. This suggests Ethena's strong market positioning and effective marketing strategies, which are crucial for traders to consider when evaluating investment opportunities.

According to Ai 姨 (@ai_9684xtpa), Ethena has managed to sustain its fully diluted valuation (FDV) in the hundreds of billions by continuously engaging the market with new narratives, a feat not commonly seen among projects of similar scale.

According to @OnchainDataNerd, the address claimed to be for Babylon is actually for Core, and SolvProtocol offers a clear UI for users to check the number of Solv's $BTC LST products across platforms like Babylon, Core, Ethena, and Jupiter Exchange.

According to Ai 姨, a new project has emerged this year that is generating excitement similar to Ethena. The project features an innovative protocol mechanism that has been preliminarily validated by Ethena's founder and market data. It offers a smooth product interaction experience with a comfortable, medieval classical style UI/UX. The complex point system is well-thought-out and effectively filters out non-serious participants. The team is skilled in operations and has partnered with the popular project Hyperliquid. The hope is for this to be a significant opportunity in 2025.

According to Ai 姨, a new project has emerged this year that is as exciting as Ethena, featuring innovative protocol mechanisms that have been preliminarily validated by Ethena's founder and market data. The project offers seamless product interaction with a comfortable medieval classical UI/UX design. Although the point system is complex, it is well-thought-out, effectively filtering out non-serious participants. The team shows expertise in operations and has partnered with the popular project Hyperliquid. There is hope that this will be a major success by 2025.

According to Ai 姨, the new stablecoin protocol Resolv is gaining attention and could potentially become the next Ethena. Resolv introduces risk stratification through over-collateralization and has launched a dual-token model with USR and RPL. Since December, its Total Value Locked (TVL) has surged by 915%, now exceeding $342 million. Additionally, Resolv's NFT Blueprint ranks fifth in 24-hour trading volume. With notable projects like Ethena and Hyperliquid marking the year, traders should not miss out on Resolv.

According to Ai 姨, the new stablecoin protocol Resolv is gaining attention as a potential successor to Ethena. The protocol introduces a dual token model, USR and RPL, leveraging over-collateralization to manage risk. Since December, Resolv's total value locked (TVL) has surged by 915%, now exceeding $342 million. Additionally, Resolv's NFT Blueprint ranks fifth in 24-hour trading volume. Traders should consider Resolv as a notable opportunity at the end of the year.

According to IntoTheBlock, Ethena's $USDe is nearing a supply of $6 billion, marking a 140% increase from its October lows. Despite this significant growth, $USDe only captures 2.83% of the market share, indicating that it remains far from competing with major players like USDC.

According to Ai 姨, the ENA token has returned to $1 after six months, prompting significant movement among large holders. Notably, Wanye kest transferred 5.006 million ENA tokens, valued at $5.47 million, into Binance 14 hours ago. This marks the second potential large-scale sell-off address identified since yesterday. Over the past nine months, Wanye kest has staked 9.19 million USDe with Ethena.

According to Ai 姨, a wallet that previously made a profit of $1.27 million by buying ETH during a price drop has recently transferred $6.94 million worth of ENA to Binance, suggesting a potential sell-off. This wallet had earlier staked 41.95 million USDe with Ethena, receiving an airdrop of 4.35 million ENA valued at $7 million during Season 1. The wallet is still unlocking rewards weekly due to its top 2000 ranking in Season 2.

According to IntoTheBlock, traders can access a detailed analysis of risk metrics for Ethena through the provided link. This analysis is crucial for understanding potential risks associated with Ethena, enabling traders to make informed decisions.

According to IntoTheBlock, the liquidity distribution in the Ethena USDe-USDC market is a critical factor for market stability. With liquidity widely spread and only 29% controlled by whales, the market is less prone to abrupt shifts, offering a more resilient trading environment.

According to @ai_9684xtpa, Ethena has announced an update to the YT rules on Discord. Users who purchase Pendle sUSDe no longer need to cover the leveraged portion of USDe funds, and YT points remain valid. The official website will update and implement this change by tomorrow. This timely response provides relief to YT holders.

According to Ai 姨, Ethena has announced an update to YT rules on Discord. Users who purchased Pendle sUSDe no longer need to provide additional USDe funds for leverage, and their YT points remain valid. The website will be updated with this information tomorrow. This timely response has relieved users who bought YT.