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TradingGain-X
TradingGain-X
$ENA Ethena's USDe holds its value through hedged positions instead of plain cash reserves, which makes it a different kind of dollar. The design leans on derivatives funding rates, and those can turn unfavorable. Anyone following $ENA should treat that dependence as the main variable, because the model works best in active, optimistic markets.

Miễn trừ trách nhiệm: Nội dung OKX Orbit chỉ để tham khảo. Tìm hiểu thêm

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