The post Bybit Partnership Surges Ethena’s Price And Daily Volume appeared first on Coinpedia Fintech News
Ethena price surges to $1.0 with the news of the Bybit partnership announcement. Its daily trading volume was up by 45% to $632 million. The partnership with the crypto exchange is to integrate its USDe stablecoin as collateral for perpetual futures trading, which will provide Bybit users the ability to earn yields and ensure even greater capital efficiency. The integration of USDe with Bybit will also introduce Bitcoin and Ether spot trading pairs with USDe.