Ethena News- USDe Backing Faces a Major Shift Toward Equity Perpetuals

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The post Ethena News- USDe Backing Faces a Major Shift Toward Equity Perpetuals appeared first on Coinpedia Fintech News

USDe backing is entering a potentially important transition as equity perpetuals emerge as a much larger basis-trade opportunity than crypto markets. Ethena says equity perpetual futures have reached $6.2 billion in open interest across venues, while its transparency dashboard currently shows about $4.6 billion in backing assets. The numbers are still small relative to global …