Trust News
Public coverage, official project updates, and TokenShield events for Ethena.
Former Franklin Templeton digital asset executive Christopher Jensen will lead StablecoinX, the largest corporate holder of Ethena’s ENA token.
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.
Ethena Foundation announced four updates, including buying locked ENA tokens and ending future monthly investor unlocks.
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth.
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.
StablecoinX shares surged after the Ethena treasury firm revealed it holds 20% of ENA’s total supply.
Community sentiment on this update only. Not financial advice.