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Ethena Smashes Records: Price Rally Propels TVL Beyond $10B as Bull Run Intensifies
Ethena Smashes Records: Price Rally Propels TVL Beyond $10B as Bull Run Intensifies
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Ethena's native token is printing green candles so aggressively, even Bitcoin maximalists are sneaking glances. The protocol just bulldozed past $10B in total value locked (TVL)—turns out yield-starved degens still love a good synthetic dollar play.
Behind the surge: A perfect storm of institutional FOMO and retail traders chasing the next big thing in DeFi's ever-evolving casino. While TradFi bankers argue about basis trades, Ethena's stack of 'Internet Bonds' keeps growing at hedge-fund-worthy velocity.
Cynical aside: Watch how fast the 'this time it's different' crowd appears when TVL starts with a 'B' and ends with 'illion'.
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