DERIVE INTEGRATES INTO ETHENA

Summary from the TLDR Crypto newsletter

Derive has partnered with Ethena, a leading DeFi protocol with $4B in TVL, to integrate Ethena's USDe and sUSDe assets into Derive's derivatives ecosystem to unlock new liquidity, trading volume, and yield opportunities. This collaboration combines Derive's onchain derivatives expertise with Ethena's innovative DeFi solutions to deliver enhanced products, capital efficiency, and aligned incentives for their respective communities.