Ethana shakes up DeFi with $300m inflows and 27% annualized yield

Amid the burgeoning world of decentralized finance (DeFi), Ethena, a newly launched platform, has quickly captured attention and investment, boasting an enticing annualized yield of 27% for holders of its USDe stablecoins. The platform, which had been in beta testing among a limited group, recently opened its doors to the public, leading to a surge…