8.9K @YashasEdu Still in my $ENA position.
NGL watching it go down while the business grows is rough. In the last 30D👇
> $29M generated in fees
> FDV/Fees at 5.8
> TVL up by 13%
> Institutional rails expanding
The fundamental thesis for @ethena is playing out but the price action isn't yet. https://t.co/5H1N5YeTDB
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186.3K @Crypto_Pranjal Trading On Ethereal? Bonus $ENA Rewards Confirmed! ✅
So @ethena just launched something new called "Ethena Exchange Points".
This is a six month program that rewards trading activity when you use USDe as core collateral on Ethena powered exchanges.
Two exchanges are included:
- Ethereal
- HyENA
I'm not using HyENA right now, but trading on @etherealdex almost daily, so this post focuses on Ethereal.
Ethereal gets 100 million points every week.
These points are added on top of the rewards you may already be earning like Ethereal Points, Balance Rewards, and Trading Rewards.
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If you have been trading or earning points on Ethereal, you might already have some of these new points. You can check inside the Ethena dashboard.
1. Go to Ethena: https://t.co/fj5u17wsBj
2. Open "Rewards" > "Overview"
3. Scroll down to the "Exchange Points" section
4. You will see your Ethereal points there
So in simple terms: Keep trading on Ethereal as usual, earn your regular Ethereal points, and on top of that also qualify for guaranteed $ENA token rewards.
Note: Ethena Exchange Points are separate from Ethena’s ongoing Season 5 points program. Rewards are not getting diluted, they are only getting bigger.
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9.3K @GLC_Research Our friends at @OAK_Res_EN have applied for the @ethena risk committee election.
If you hold $ENA, they'd love to get support and votes.
3.7K @OAK_Res_EN 🚨 OAK Research has just applied for the @ethena_labs Risk Committee election.
We have been deeply involved in the Ethena ecosystem for several months. From publishing some of the most comprehensive technical deep-dives on the protocol to actively onboarding 400+ users via @HyenaTrade, the alignment with $USDe’s growth has been a core part of our work.
We are now taking a step further by applying to contribute directly to Ethena’s governance through the Risk Committee.
We believe our research expertise can meaningfully strengthen protocol safety, transparency, and risk awareness.
Our contribution would focus on three core areas:
- Market Dynamics & On-Chain Health: Bridging the gap between raw metrics and community understanding by analysing basis sustainability, funding rate dynamics, and liquidity concentration.
- Governance Reporting & Transparency: Acting as an analytical filter to synthesise complex technical proposals into clear, actionable insights for $ENA holders.
- Macro Environment & Benchmar
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