Odaily Planet Daily News Ethena Labs announced that it will build a perpetual contract DEX integration on Synthetix, aiming to become a liquidity provider for Synthetix, provide USDe as a margin tool, and provide USDe as collateral for designated pools.
According to previous reports, the encryption startup Ethena completed a $6.5 million seed round of financing, led by Dragonfly, and received support from trading platforms such as Deribit, Bybit, OKX, Gemini and Huobi, as well as BitMEX founder Arthur Hayes and his family office.