Ethena Launches USDe-Exclusive Market on Jupiter Lend, Supporting Leverage Strategies and Institutional Participation

Odaily reported that Ethena has announced the launch of a USDe-exclusive market on Jupiter Lend. This market is fully independent from the existing Jupiter Lend deployment, with Bitwise responsible for on-chain asset management and risk supervision, and it supports institutional participation.

Users can now deposit USDe, borrow, and execute leveraged USDe strategies on Jupiter Lend. Additionally, USDe can be bridged to the Solana network via Stargate Finance.