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Published 12 days ago

Bybit integrates Ethena Labs’ USDe as trading collateral

Summary by Finbold

Bybit, one of the world’s leading cryptocurrency exchanges in terms of trading volume, has incorporated Ethena Labs’ synthetic dollar, USDe, as a collateral option for trading, according to the information shared with Finbold on May 8. The integration aims to enhance capital efficiency for traders, enabling them to earn yields on their base assets while trading through their Bybit’s Unified Trading Account. The importance of Ethena Labs’ synthe…

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Bybit integrates Ethena Labs’ USDe as trading collateral

Bybit, one of the world’s leading cryptocurrency exchanges in terms of trading volume, has incorporated Ethena Labs’ synthetic dollar, USDe, as a collateral option for trading, according to the information shared with Finbold on May 8. The integration aims to enhance capital efficiency for traders, enabling them to earn yields on their base assets while trading through their Bybit’s Unified Trading Account. The importance of Ethena Labs’ synthe…

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