Ethena Labs and Pendle are now available Avalanche: Win AVAX Rewards
Source: CoinWorld
Time: 2025-09-13 12:17:05
Avalanche has integrated Ethena Labs’ USDe and sUSDe stablecoins and Pendle Finance’s cross-chain principal tokens (PTs) to enhance its DeFi ecosystem with scalable assets and innovative earnings opportunities. USDe (a synthetic dollar pegged to $1) and its pledged version of its deal-produced proceeds are now available on the Avalanche platform, including Uniswap and BlackholeDex, with more integrations planned. Pendle's PT allows users to separate the principal and income parts and implement cross-chain functions through LayerZero. The collaboration, based on Ethena’s $13.2 billion market cap and Pendle’s $5 billion TVL, aims to provide AVAX users with faster transaction speeds, lower fees and advanced revenue strategies.