Ethena Labs Launches USDe Stablecoin Offering Daily Rewards
2min read Ethena Labs has introduced a significant innovation in the cryptocurrency market with the launch of usde, a stablecoin that offers daily rewards to users. This new stablecoin is accessible through HyperCore and HyperEVM exchanges, providing users with daily rewards based on their 24-hour rolling average balance as of May 5th, 2025. USDe's dual benefits include its functional characteristics and its seamless integration with the main decentralized finance (DeFi) platforms of HyperCore and HyperEVM.
USDe addresses a critical need in the crypto market by offering a decentralized dollar asset system that rewards users at a scalable level. Ethena Labs leverages LayerZero and HyperCore technology to position USDe as a key driver of decentralized liquidity and daily earnings within the evolving crypto network. This stablecoin not only provides daily rewards but also incentivizes long-term holding and active engagement within the HyperCore ecosystem, motivating users to participate more deeply in the platform.
Users can acquire USDe through the HyperCore orderbook or by transferring it into their HyperCore wallet. To qualify for daily rewards, users must hold at least 100 USDe in their HyperCore wallet. This flexibility allows users to choose different ways to interact with the USDe stablecoin, demonstrating Ethena Labs' commitment to transparency and efficient operations. The daily reward mechanism offers scalable opportunities to investors and users, enhancing the overall user experience.
USDe operates seamlessly across both HyperCore and HyperEVM, providing users with a wide array of DeFi opportunities. These include yield farming and liquidity provision, making USDe a versatile tool for users seeking to maximize their returns in the DeFi space. The platform-wide integration of USDe facilitates easy communication between different platforms, further enhancing its utility and appeal.
Beyond generating daily income, USDe presents transformative capabilities that link decentralized liquidity across HyperCore and HyperEVM platforms. Its bridge functionality allows users to seamlessly connect with different platforms, making it easier to access DeFi ecosystems. USDe and LayerZero enable users to move their assets effortlessly between the Ethereum network and HyperEVM platforms, preserving market liquidity and enabling dApps' operation without dependence on middlemen. This continued development is essential for achieving a completely decentralized financial system.
USDe also serves as platform collateral on Felix and other platforms, allowing users to access liquidity through its functions as collateral. This collaboration enables additional DeFi solutions and allows users to engage in diverse DeFi opportunities by combining USDe with USDT in liquidity pools. Ethena Labs' dedication to bringing decentralized finance stability and rewards through USDe positions it as a key player in the future expansion of decentralized finance. USDe's ability to provide daily rewards, liquidity provision, and operation across various platforms makes it a distinctive asset in the DeFi landscape.
The Ethena Labs ecosystem is attracting more developers and users to USDe, positioning it to establish itself as a foundation of the decentralized economy. As the future of DeFi continues to evolve, USDe is poised to become one of the essential players that bridge traditional financial systems with new decentralized systems, driving the growth and adoption of decentralized finance. 
