The $750M Reward Mirage: Ethena's Funding Rate Dependency Is a Structural Time Bomb
Ethena has distributed over $750 million in rewards since its launch. That...
Flash News
•
MaxMax
•
2026-07-29
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202630
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Improves data availability sampling efficiency
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92 million ARB released
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18
03
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Team and early investor shares released
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03
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Circulating supply increases by about 2%
10
05
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Raises validator limit and account abstraction
08
04
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Independent validator client goes live on mainnet
12
05
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Bitcoin
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BNB
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Dogecoin
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Cardano
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1
Chainlink
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🐋 Whale Tracker
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1h ago
Out
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67%
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Early Investor
-$2.3M
89%
0xa7f6...2265
Institutional Custody
+$5.0M
65%
#Ethena
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