Several cryptocurrency platforms are buzzing with the upcoming launch of the $ENA token by Ethena Labs on April 2. Pre-market trading for $ENA has commenced, with significant interest reflected in a 22% surge in prelaunch futures tied to the token. The launch is expected to introduce the first yield-bearing stablecoin on Ethereum, with 5% of the token supply set for airdrop to early adopters.
.@aevoxyz's prelaunch futures tied to @ethena_labs's impending $ENA surged 22%, implying an inception market cap of over $500 million. https://t.co/RG31wL88EL
.@aevoxyz's prelaunch futures tied to @ethena_labs's impending $ENA surged 22%, implying an inception market cap of over $500 million. Reports @godbole17. https://t.co/e5rl3hClfr
This week's DeFi news๐ CTFC reaffirmed that ETH is a commodity, increasing the chances of a spot Ethereum ETF being approved Ethena announced that the $ENA token launch will happen on April 2. 5% of $ENA supply will be airdropped to early adopters Optimism has allocated $3Bโฆ https://t.co/dhSPaCM3aA