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Ethena Labs has partnered with Nunchi, nHYPE stakers can receive Ethena rewards.

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PANews, November 22 - Ethena Labs announced on the X platform that it has reached a partnership with Hyperliquid HIP-3 deployer Nunchi. Nunchi is building perpetual futures based on the yield market, allowing users to express opinions on RWA interest rates, dividends, ETH staking yields, and more. A portion of the total revenue generated by Nunchi will be used to benefit the Ethena ecosystem. Additionally, if Nunchi issues tokens, there will also be an airdrop to the ecosystem. All initial markets of Nunchi will quote assets in USDe. Users trading on Nunchi can earn profits through USDe margin, which subsidizes transaction fees and funding rates. Users who stake Nunchi HYPE LST nHYPE will be eligible for 20 times Ethena rewards to help support the launch of the exchange.

ENA3.57%
HYPE-4.22%
ETH3.47%
USDE0.02%
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