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    Ethena Pay deposits near $10M, with about $2M in new Earn vault

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    FEED Coinness October 28, 2026 2:21 pm 2 views

    Ethena Pay deposits have approached $10 million, with about $2 million of that placed in the new Earn vault, on-chain analyst Tom Wan said. The vault is managed by SteakhouseFi and is currently offering a yield of about 12.7% through a looping strategy based on AAVE v4. Wan expects deposits in USDe and Ethena Pay to increase further with the planned rollout of the Earn+ feature.

    Source: Coinness

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