Ethena expands liquidity via Whitelabeling, while HyENA utilizes USDe for perpetual contracts. HyENA introduces random 'Red Packets' (0.8 to 888) to offset trading psychological costs and converts transaction fees into yield-bearing assets.
Source Bloggers
Y
Created At
(UTC+0) 2026/02/17 04:39
Updated At
(UTC+0) 2026/03/02 14:10
Deadline
Not specified
Expected Reward
1Ethena Points; 2. HyENA Random Red Packets (0.8 - 888); 3. Transaction fee conversion rewards
Requirements
1Trade perpetual contracts on HyENA using USDe as margin.
2Participate in trading to trigger random Red Packet rewards.
3Monitor Ethena Whitelabel liquidity benefits across chains.