Ethena

Ethena issues $USDe, a synthetic dollar backed by staked $ETH and $BTC hedged with short perpetual positions, and pays the funding carry to $sUSDe holders. It runs on Ethereum with bridges to Solana, Arbitrum and Base.

Ethena token: $ENA.

Ethena contract address: 0x57e114B691Db790C35207b2e685D4A43181e6061