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Ethena is partnering with @Binance as our first venue for the extension of the basis trade into equity perpetuals, one of the most exciting updates to the USDe collateral backing since launch. This expands the addressable market of underlying collateral from $2.5 trillion of crypto to $150 trillion+ of real-world assets. As part of the partnership, bStocks will serve as tokenized spot collateral, hedged with Binance USDT-denominated equity perpetuals - the same delta-neutral structure Ethena has securely executed across crypto assets since inception. Importantly, Binance provides lower ADL priority for eligible delta-neutral accounts including Ethena's, adding another layer of risk mitigati…
“Baton and the Foundation are very aware of the activity happening on other chains and are always actively looking for ways to push as many users as possible toward the Pump applications.”
I have a question for @a1lon9 now that $PONS is at $400M why didn’t @pumpfun make a EVM launchpad (start with Robinhood) at the start?
now that @pumpfun is at $4.7 billion and has increased by more than a PONS in 2 weeks, we should ask why they’re not pursuing the failed yahoo peanut butter strategy of the 2000s
@trenchmaxi @frankdegods @cokoxo120520 I like $TOAD but its forced
What's a man gotta do to get a $TOAD airdrop from @mdudas I wanna giveaway it to my followers
we had a day on the @Pumpfun app 🐸
fomo fudders out in full force