HTX, a leading global cryptocurrency exchange, today announced the upcoming listing of USDe, the synthetic dollar developed by Ethena.
This move further expands access to innovative, on-chain financial primitives for its global user base.
The listing underscores HTX’s continued commitment to supporting next-generation digital assets and providing users with secure, forward-looking access to the rapidly evolving DeFi ecosystem.
“At HTX, we are constantly exploring models that push the boundaries of digital finance,” said Justin Sun, Global Advisor to HTX.
“USDe represents a novel approach to the concept of a digital dollar — one that is native to crypto markets and deeply integrated with DeFi. We are pleased to collaborate with Ethena and bring this innovative asset to HTX users worldwide.” Ethena is a decentralized finance protocol focused on building a crypto-native, scalable alternative to traditional dollar-denominated money. Its flagship product, USDe, is designed as a synthetic dollar that maintains price stability with limited reliance on direct fiat reserves or traditional banking infrastructure. Unlike conventional stablecoins backed by cash or government securities, USDe is collateralized by crypto assets and stabilized through a delta-neutral hedging strategy.
By holding spot crypto assets while simultaneously opening offsetting short positions in derivatives markets, the protocol aims to neutralize price volatility and maintain a value closely aligned with the U.S. dollar.
Through this listing, HTX users will gain access to a crypto-native dollar asset that is deeply connected to the broader DeFi ecosystem.
Users can leverage USDe for trading, portfolio diversification, and participation in on-chain strategies, while also exploring opportunities linked to decentralized lending, liquidity provision, and returns optimization.
In addition, HTX plans to introduce promotional rewards for users who hold USDe or utilize it as derivatives margin collateral. This feature is expected to roll out in a subsequent phase.













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