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Token Terminal ๐Ÿ“Šยท2025-11-22 17:34

RT Jonaso (@Jonasoeth)Ethena has officially reached $600M in total revenueQ3 2025 was its strongest growth period so far, adding more than $150M in just one quarterToday, @ethena_labs is showing a much more complete strategyIts assets are no longer only used to generate yield for stablecoins โ†’ They are becoming trusted collateral across DeFi and liquidity for major perpDEXs like @reya_xyz, Based, and the newest one, Nunchi, a perpetuals platform on yield markets built on Hyperliquid HIP-3.Itโ€™s clear that Hy ...

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