Ethena, a synthetic dollar protocol, has seen significant developments, including its token $ENA getting listed on major cryptocurrency exchanges such as KuCoin and WOO X. The token, which began trading on April 2, 2024, has been part of various initiatives, including lucrative Pendle pools offering APYs up to 200% and partnerships with platforms like Manta for staking paradigms. Echo, a platform aiming to democratize venture investing, closed its first deal by investing $300K in Ethena, highlighting the growing interest in early-stage crypto investments. Additionally, Ethena's annualized revenue reached approximately $300M, underscoring its financial growth amidst expanding its stablecoin supply. Ethena has minted 360.7B Shards, with 750M $ENA distributed, representing 5% of the total supply, and offering 480.93 shards per $ENA token. Moreover, 37.5M $ENA was transferred to GSR.io and 15M $ENA to Wintermute, totaling 52.5M $ENA or 3.68% of the circulating supply (1.425B tokens).