Ethena Labs launches new sUSDe pool on Pendle

ChainCatcher news, Ethena Labs has released an update on the "Shard Campaign" event, launching a new liquidity pool using sUSDe on Pendle. This fund pool aims to capture the real yield of sUSDe and provide daily 5x shards rewards.

It is reported that as the supply of USDe approaches $800 million, Ethena Labs has constructed the first scalable yield curve with phased expiration times through this strategy, trading the futures basis on-chain for the first time in centralized exchanges (CEX), which is expected to open up a series of interest rate products based on this core primitive.