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CoinGape

Ethena Labs launches USDe trading on Solana, adds SOL as backing asset

CoinGape
Summary
Nutrition label

67% Informative

Ethena Labs launches USDe trading on Solana , adds SOL as backing asset for USDe.

USDe utilizes unique derivative hedging strategies for maintaining its peg.

Integration expected to boost adoption and unlock additional market liquidity.

Bybit Exchange integration of USDe as a reward-bearing stable margin collateral.

VR Score

51

Informative language

44

Neutral language

50

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links