Ethena crosses $500M in cumulative revenue as synthetic stablecoins gain ground
- Posted on August 21, 2025
- By Cointelegraph
- 4 Views
Ethena crosses $500M in cumulative revenue as synthetic stablecoins gain ground
Ethena Labs has announced that its namesake protocol has crossed $500 million in cumulative revenue, news that coincides with a rising market cap among some synthetic stablecoins.