Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

On-chain trading terminal

Next-Generation Liquidity Markets on Base Seamless Protocol is the first native, decentralized, non-custodial lending and borrowing protocol on the Base network.

Flipster is the easy-to-use crypto derivatives trading platform offers users an all-in-one trading experience with leverage of up to 100x on over 190 tokens.

DeFi optimization protocol