Ethereum-based synthetic dollar protocol Ethena has been in the news recently with its native token ENA gaining a staggering 100% since launch in early April 2024. Amid the widespread buzz in the market, Ethena, which replicates a common hedge-fund trade, is attracting massive investments. However, the staking yields offered by Ethena, have surged to a The post Ethena’s Tokenized Hedge Fund Offers Eye-Popping 37% Yield, Can It Sustain? appeared first on CoinGape .
