$ENA employs a delta hedging strategy to manage Ethereum's price volatility and maintain USDe's stability against the US dollar.
The USDe stablecoin supply recently reached an all-time high of over $9.3 billion, securing its position as the third-largest stablecoin by market cap.
ENA
0.2486
-5.97%
BTC
90,343.84
-2.10%
ETH
3,089.87
-4.69%