Ethereum

Ethena USD Yield

This pool generates yield on staked USDe, which is backed by a delta-neutral position that balances a basket of staked ETH derivatives with ETH shorts on centralized exchanges (CEXs). The yield is achieved by a combination of the native ETH staking yield and the positive funding rates paid to shorts.

15.9%

Yield

30d APY

Risk

APY

Last 90d

Yield15.9%

30d APY

TVL

$2.3B

60.64%

last 30d

Yield

15.9%

APY 30d

Earnings

$23.2M

Last 30d

Protocol

Summary

Risk

Fundamentals

Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets

Yield Source

Your yield consists of ETH staking rewards and positive funding rates paid to ETH shorts

This pool has not been receiving any protocol incentives to encourage user deposits

Investment Strategy

This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins, subject to market conditions

Risk Details

Pool Fundamentals