Ethereal

Ethereal's Mainnet Alpha is now live Trade perps and earn USDe rewards on your full margin balance [██░░░░░░░░] → USDe everything app

Here's what happened in April @ethena: • Announced a planned diversification of $USDe backing. • USDe was listed on @aave's @megaeth instance. • Crossed $600m in Ethena Whitelabel stablecoin supply across USDm, jupUSD, and suiUSDe, with more to come. • @BitGo integrated Ethena-powered dollar savings for institutional clients. • @krakenfx became the first US exchange to support Ethena rewards on $USDe. • Partnered with @lifiprotocol on LI.FI Earn, a new product enabling any wallet, app, or fintech to offer onchain savings to their users. • Launched new Ethena pools on @pendle_fi across the full range of Ethena assets. • @origami_fi launched a new vault built on Ethena assets. • @3janexyz added Ethena assets to their credit-based money market. • $BASED claiming for all eligible sENA holders went live. • $4m in rewards distributed to reUSD and reUSDe holders in under a year via @re. • @etherealdex began alpha testing Ethereal Predict, a USDe native prediction market • Opened new roles. ethena.fi/careers • Operated through the rsETH incident without any issues - billions in $USDe mint and redeem flows handled cleanly, with Ethena contributing to the recovery. Onwards.

Weekly Ethereal Points and rewards are live 200M points distributed $44k in USDe rewards app.ethereal.trade

Weekly Ethereal Points and rewards are live 200M points distributed $43k in USDe rewards app.ethereal.trade

Join the Ethereal Discord to join the conversation and stay in the loop discord.com/invite/etherea…

Socket(dot)io support is now in maintenance mode and will be fully shutdown in 1 month. WS is faster, has more subscription streams, and is easier to integrate. docs.ethereal.trade

Ethereal Developer Updates - April 15, 2026

.@etherealdex is a perp dex with usde base collateral Allowing you to earn 3.5%+ rewards up to 23%

Weekly Ethereal Points and rewards are live 200M points distributed $44k in USDe rewards app.ethereal.trade

Weekly Ethereal Points and rewards are live 200M points distributed $47k in USDe rewards app.ethereal.trade

Here's what happened @ethena in March: • @krakenfx enabled USDe rewards, becoming the first US exchange to offer Ethena-powered savings. • Launched a dedicated ecosystem environment on @aave V4 with two Spokes, more than any other ecosystem. • @privy_io integrated Ethena-powered savings into its wallet infrastructure, bringing access to 120m+ accounts. • Went live on @WalletConnect Pay, enabling merchants to accept USDe at checkout. • $2m+ in USDe rewards distributed to traders on @etherealdex and @hyenatrade. • @etherealdex crossed $120m in open interest backed by USDe. • @hyenatrade crossed $3b in total volume. • Crossed $150m+ in total Ethena Whitelabel stablecoin supply across three native stablecoins. • @BasedOneX confirmed a portion of their token supply will go to sENA holders. • Reduced sUSDe unstaking period from 7 days to 1 day. • Added USDe as collateral on @Compound_xyz V3. • Added fixed-rate borrowing for PT-sUSDe on @lista_dao for $USD1 and $U. • @KappaLab_io listed an open-term USDe market on Wildcat with up to 1m USDe capacity at 10% APR. • Rolled out Ethena incentives on @hyperion_xyz and @the_goblin_fi. • Integrated with @lifiprotocol Composer for single-transaction access to Ethena vaults from any chain. • Presented at @blockworksDAS. • Launched USDe Learn & Earn on @HTX_Global. • @strata_markets USDe market reached $250M in TVL. • Published an engineering blog on the Resolv USR incident and how Ethena's issuance mechanics are built to prevent similar outcomes.

Weekly Ethereal Points and rewards are live 200M points distributed $52k in USDe rewards app.ethereal.trade

Frontend - Configurable slippage for market orders released - Portfolio page redesign continued, slated for early April release - Ongoing bug fixes

Ethereal Biweekly Dev Updates - March 26, 2026