Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
Ethena, a yield-bearing token, has seen a significant increase in inflows, with around $1 billion in new capital over the past month. This brings its market capitalization to $3.44 billion, according to DefiLlama data. The token now offers a 29% annualized yield to holders who stake their tokens, making it an attractive option for investors….