People still see stablecoins as assets they can just hold given their little to no volatility
But with @ethena_labs and @Terminal_fi , that definition is changing fast.
Ethena’s $8B+ ecosystem (USDe & USDtb) has unlocked stablecoins that yield and move like capital.
Now @Terminal_fi v1 is launching on Ethereum and turning that yield into a full onchain economy.
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Here’s what makes this huge:
• Ethena powers the stablecoins and yield.
• Terminal provides liquidity, trading, and real utility.
Together, they create a compounding loop where capital flows, earns, and scales.
Ethereum is the perfect ecosystem:
• $76B+ in total DeFi liquidity
• 85%+ of all USDe supply
• Deepest institutional on-chain capital
With pre-deposits filled, Terminal is now moving from preparation to execution.
And there’s still $10M USDe capacity left for those looking to join early via the pre-deposit vaults on Terminal.
For $sENA holders, this is just the start:
• Terminal rewards are coming
• A future airdrop is already on the radar
Terminal is the bridge between yield and liquidity and it is the missing piece that turns Ethena into a fully-fledged onchain economy.

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