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ENA's 24-hour gain has widened to 25.6%, reaching $0.28.

BlockBeats news, September 26, according to HTX market information, ENA (Ethena) expanded its 24-hour gain to 25.6%, reaching $0.28.


On September 25, the synthetic dollar protocol Ethena announced a partnership with Binance to extend USDe's basis strategy from crypto perpetuals to equity perpetuals. Spot buying of tokenized stock certificates bStocks issued by a Binance affiliate, hedging by shorting equity perpetuals denominated in USDT on the same platform. For more interpretation, see "Behind ENA's Surge, How Big Is the Impact of Ethena Connecting to US Stock Perpetuals?"

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