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Ethena gets a lot more interesting when crypto leverage starts heating up USDe is built around delta-neutral hedging, with short derivatives positions helping offset exposure to its backing assets when traders aggressively bid longs and funding turns positive, those short positions can generate additional yield that makes Ethena one...

103,102 views • 1 day ago •via X (Twitter)

22 Comments

Hermes's profile picture
Hermes1 day ago

hey @grok, explain to me what it all means and how growing risk appetite might affect $baton prices along with $ENA

Evanss6's profile picture
Evanss61 day ago

USDE coded. Wrote up this thesis twice

HONK KONG🪿's profile picture
HONK KONG🪿1 day ago

Leverage heating up. Funding flipping positive. Risk appetite back. You already know what the phone call sounds like 🐗📞 $BOAR

SpicyMangos 🌶️'s profile picture
SpicyMangos 🌶️1 day ago

The tickaaaa is solana:C2WtD354XEvS9gzpJDLqzqkADq7wUtmJg1UzUdmL5a21 CHTE CAT ✅ FRENCHFRY WHISKERS ✅

Swole 🇵🇷's profile picture
Swole 🇵🇷1 day ago

Thought on solana:72yxYmhLgDGwdyi2b9GjDynBB6VuG3kDxNKqDbzXh5bi eco since you’re a fan of WOW?

Pukulan's profile picture
Pukulan1 day ago

Perhaps

C.N.U's profile picture
C.N.U1 day ago

I totally agree with you

Michael crypto's profile picture
Michael crypto1 day ago

Ansem 01

El judio 3000's profile picture
El judio 30001 day ago

Ethena is for gays and niggas

DuckDice's profile picture
DuckDice1 day ago

delta-neutral my ass, we're all just degens with a hoodie

CryptoPablo's profile picture
CryptoPablo1 day ago

Check This fam 👇🏾

BandoSonSenpai's profile picture
BandoSonSenpai1 day ago

$goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon $goon

Ajit Singh Rathore's profile picture
Ajit Singh Rathore1 day ago

“The world runs on promises; we run on bullshit.” $BULLSHIT

MyThicCat🐱's profile picture
MyThicCat🐱1 day ago

Crypto scientists type sht

CoinStats's profile picture
CoinStats1 day ago

any news about black bull?

Mr Early's profile picture
Mr Early1 day ago

Rasmr face look like he didn’t understand 💩 you said!

Rain's profile picture
Rain1 day ago

Ethena gets more interesting when funding rates start picking up

Mr Early's profile picture
Mr Early1 day ago

Bro you just scrabbled my 🧠

Raoul Sophie's profile picture
Raoul Sophie1 day ago

Leverage rising, $GOLD watching.

M E E K A🐂🀄's profile picture
M E E K A🐂🀄1 day ago

True, the funding rate flywheel is where USDe really starts cooking. When longs get crowded and funding flips hard positive, those short hedges turn into a yield machine.

Michael crypto's profile picture
Michael crypto1 day ago

Ansem 04

Vexora's profile picture
Vexora1 day ago

The leverage cycle is worth watching closely, $GOLD stays on my radar as the market heat up @blknoiz06

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