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

According to Odaily, Ethena has announced the launch of a USDe-exclusive market on Jupiter Lend. This market is completely independent from existing Jupiter Lend deployments, with Bitwise responsible for on-chain asset management and risk oversight, and it supports institutional participation.

Users can now deposit USDe, engage in lending, and execute leveraged USDe strategy operations on Jupiter Lend. Additionally, USDe can be bridged to the Solana network via Stargate Finance.