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.
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Cointelegraph

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