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Ethena Labs announces the integration of its stablecoin USDe with the Hyperliquid exchange and HyperEVM.
Ethena Labs announced the integration of its stablecoin $USDe with Hyperliquid Exchange and HyperEVM, enabling users to earn daily rewards through their $USDe balances. This integration utilizes LayerZero and Stargate to bridge $USDe to HyperEVM, enhancing cross-chain functionality within the Hyperliquid infrastructure. Additionally, collaborations with protocols such as HyperUnit, Euler Finance, and Curve Finance allow $USDe to be used for lending and liquidity pools, thereby expanding its utility on HyperEVM.
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