HyENA is offering Earners a powerful way to maximize margin efficiency while stacking rewards. By converting your USDC margin into USDe on HyENA's platform, you earn daily USDe rewards with a base APR of around 4%, plus an extra 8% boosted APR during the first month on eligible long positions. You also receive a share of the 100 million HyENA Points distributed every week for six months, and all points convert into Ethena Points at the end of the campaign. Starting early matters because your trading activity boosts your Based Gold standing, which determines eligibility for future Based Airdrops.
HyENA is a decentralized USDe-margined trading engine built by Based on Hyperliquid's HIP-3 standard. The platform combines Hyperliquid's speed, depth, and self-custody with Ethena's USDe synthetic dollar infrastructure, creating a trading environment where margin capital stays productive. You can trade Perps and Spot markets, earn daily USDe rewards, accumulate HyENA Points, grow your Based Gold standing, and access the HLPe vault for liquidity strategies, all from one unified interface. The system turns execution, collateral, and rewards into one coherent engine for on-chain markets.
The capital markets are undergoing a subtle but powerful redesign, marked by a massive $100 billion corporate debt issuance wave from Big Tech to fund AI infrastructure, surging IPO oversubscription enthusiasm (like Meesho's 79x subscription), and the live launch of tokenized securities platforms by major institutions like Clearstream
Kashi Market: There's a new prediction market airdrop in town
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Disclosures
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11780 US Highway 1, Palm Beach Gardens, FL 33408-3080
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Results may not be typical and may vary from person to person. Making money trading digital currencies takes time and hard work. There are inherent risks involved with investing, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.
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