Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Ethena's sUSDe stands out as their yield-bearing version of USDe—basically the backbone of their whole DeFi strategy.
What makes this interesting? The protocol's trying to nail two things at once: letting yield stack up internally while keeping the token liquid enough to play nice with other DeFi protocols.
So sUSDe becomes this dual-purpose instrument—earning passive returns without sacrificing its ability to move freely across different platforms. That's the kind of design choice that could actually shift how stablecoins participate in yield generation.