BYDFi Listing USDE Spot Announcement
Dear BYDFi Users,
BYDFi is pleased to announce that the following tokens will soon be available for trading in the Spot Trading section: Ethena USDe (USDE). Please refer to the details below.
Trading:
The following trading pairs will be available starting from 2025/09/10 14:00 (UTC+8):
Deposit & Withdrawal:
USDE
- Deposit: Opened
- Withdrawal: 2025/09/12 14:00 (UTC+8)
About Ethena USDe (USDE)
Ethena is a synthetic dollar protocol built on Ethereum, offering a crypto-native currency solution independent of traditional banking infrastructure and launching a globally accessible USD-denominated savings tool—the "Internet Bond."
Ethena's synthetic USD, USDe, will delta-hedge against staked Ethereum collateral, creating the first censorship-resistant, scalable, and stable crypto-native currency solution. USDe will be fully backed by transparent on-chain collateral and freely composable across the decentralized finance (DeFi) ecosystem.
USDe's peg stability will be ensured by delta-hedged derivative positions against the protocol's collateral, as well as arbitrage mechanisms for minting and redemption.
The "Internet Bond" will combine the yield generated from staking Ethereum with funding rates and basis spreads from perpetual swaps and futures markets to create the first on-chain crypto-native "bond," a USD-denominated savings tool accessible to users in compliant jurisdictions.
Official Website | Contract | X | Telegram | Whitepaper
Thank you for your support!
In case of any discrepancies between translated versions and this original English announcement, the English version shall prevail.
BYDFi Team
2025/09/10