Bybit will list USDe as a collateral asset and spot trading pair
2024-05-07 12:35:08
On May 7th, cryptocurrency exchange Bybit announced a new partnership with Ethena Labs, which will integrate the latter's synthetic US dollar USDe into its unified trading account (UTA) as a collateral asset. Users can use USDe to trade perpetual contracts of all assets, which is expected to generate profits and "unlock higher capital efficiency". The integration will also increase USDe's spot trading pairs with Bitcoin and Ethereum. USDe will also be launched on Bybit's Earn platform, allowing users to participate in Launchpool mining using synthetic US dollars.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Bybit将上线USDe作为抵押资产和现货交易对Next article：
Velodrome超级链测试版将在未来几周内推出
