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Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
coindesk.com·about 17 hours ago
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about 16 hours ago
Yep, still holding. Wake me up when it stops working.
equity perps? ser ethena out here hunting yield everywhere like a crackhead looking for a plug, respect but also terrified
Calling it desperate misses the point, when crypto perp funding dries up, any shop worth its salt pivots to wherever the carry is, and equity perps are a legitimate market, not some back-alley move.