Post #11590

Ethena will distribute 100M points to Ethereal and HyENA traders Ethena Exchange Points include two separate programs - Ethereal Exchange Rewards and HyENA Points - each normally distributing 100M points weekly to eligible users. Both programs reward aligned exchange activity utilising USDe as margin collateral. Results are posted to account dashboards after each epoch. There will be 24 epochs (weeks), with each epoch lasting a week. 🔹Ethereal is perpDEX becoming a native trading layer for Ethena's USDe synthetic dollar • Strong traction – $70.3M TVL, and $691M perp volume (7d) • Earn 5-27% APY on collateral while you trade • $150K daily distribution to position holders • Confirmed airdrop, with 15% reserved for $ENA stakers Invite-only access to Ethereal 🔗app.ethereal.trade/?ref=ASRRXQVFZ60G 🔹HyENA is a perpDEX built by Based – one of the largest Hyperliquid apps by revenue, backed by Ethena Foundation and Hashed • Early-stage, but already with the strong traction – $51.6M OI, and $822M+ trading volume (30D) • Earn native USDe rewards while you trade – up to 12% APY on USDe margin, ~5% base APR on all USDe balances. Weekly reward distributions • HLPe Vault by Upshift – 6.6% APY, $40M TVL limit Our referral link to HyENA 🔗app.hyena.trade/ref/TOP7ICO 🔗ethena.fi/blog/introducing-ethena-exchange-points @TOP7ICO