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"MegaVault TVL Hits $80M: A Milestone for Decentralized Derivatives"
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Ethena Labs breaks records: TVL rises 40% and reaches $7.72 billion
🚀 The decentralized stablecoin protocol Ethena Labs is on everyone's lips. Since July 1, its total value locked (TVL) has skyrocketed by 40%, reaching USD 7.72 billion.
In a market seeking stability and efficiency, Ethena positions itself as one of the biggest promises of the DeFi ecosystem in 2025.
🧠 What is Ethena Labs?
Ethena is a protocol that issues USDe, a synthetic stablecoin backed by financial derivatives and hedged positions. Unlike traditional stablecoins (like USDT or USDC), it does not require fiat reserves in banks.
In a market seeking stability and efficiency, Ethena positions itself as one of the biggest promises of the DeFi ecosystem in 2025.
🧠 What is Ethena Labs?
Ethena is a protocol that issues USDe, a synthetic stablecoin backed by financial derivatives and hedged positions. Unlike traditional stablecoins (like USDT or USDC), it does not require fiat reserves in banks.
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