Nick Chong

I have, for the most part, been avoiding @RobinhoodCrypto chain. That said, two of the three existing @Morpho markets are pretty interesting for trusted stablecoin loops. 1) USDe (@ethena) • 4.5% Collateral Yield • 3.63% Borrow Cost • $12M to Borrow ➢ 15% Net APR at 10x 2) syrupUSDG (@maplefinanc

还有6天，钱包赛道有Onekey、metamask、okx wallet、topnod 等，稳定币有circle 、Ethena 、Spark 等，交易所和头部RWA协议也基本齐聚@MoneyFrontierhk 。 7月27-28日，我们香港见，主会场完整议程：https://www.moneyfrontier.info/en/agenda

I have, for the most part, been avoiding @RobinhoodCrypto chain. That said, two of the three existing @Morpho markets are pretty interesting for trusted stablecoin loops. 1) USDe (@ethena) • 4.5% Collateral Yield • 3.63% Borrow Cost • $12M to Borrow ➢ 15% Net APR at 10x 2) syrupUSDG (@maplefinanc

RT @todayindefi: What happened last week in DeFi? DeFi 📈 - Aave V4 launches on Avalanche with incentives - Ethena brings USDe and sUSDe t…

Ethena has now made over $1 BILLION in total fees. According to DefiLlama data, @ethena has now generated a cumulative $1.009 billion in total fees across its lifetime. While $ENA's TVL of some $4.25 billion is impressive, it remains well down from 2025 highs of nearly $15 billion, the protocol su

. @tushar_jain breaks down the three-number framework he multiplies together to value a founder-driven bet like @ethena "It's three numbers that we try to figure out. One is the total market size, looking a few years out. The second is margins in the long run - are there returns to scale?" "The th

Axis is going to surprise the stablecoin market with their launch. They will come out offering a much higher yield than Ethena, with similar risk tolerances. Its a significantly different product than Sky in terms of goal and risk, but its an up & coming 'yieldcoin' with a team that has been very m

. @tushar_jain breaks down the three-number framework he multiplies together to value a founder-driven bet like @ethena "It's three numbers that we try to figure out. One is the total market size, looking a few years out. The second is margins in the long run - are there returns to scale?" "The th

Welcome @ethena to the Monad Ecosystem! Excited to grow DeFi together with @gdog97_ @n2ckchong and the team https://x.com/ethena/status/2077755696188432436

Over the past year, @SkyEcosystem and @ethena generated almost identical fees. → Sky: ~$413M → Ethena: ~$362M But they differ on protocol revenue: → Sky: ~$240M → Ethena: ~$12.4M The difference comes down to their business models. Sky earns from borrower fees and yield on stablecoin collateral.