Ethena launches new proposal to “Integrate Ethena liquidity and hedging engine into Hyperliquid”

According to BlockBeats news, on October 17, Ethena officially issued a document stating that a proposal has been posted on the Ethena governance platform, proposing to integrate Ethena’s liquidity and hedging engine into Hyperliquid and add USDe to L1 when the EVM mainnet is launched.

In response to this proposal, top trader Eugene Ng Ah Sio expressed his opinion, “I was pleasantly surprised by this. The exchange accepted USDe faster than expected.

Hyperliquid previously only had trading pairs denominated in USDT, and now USDe becomes the second stablecoin accepted on DEX, the largest decentralized derivatives in crypto. This is entirely consistent with the long-standing argument for USDe’s expanded integration on major exchanges. “

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