sUSDe APY: 10% ✨ For the first time since January, sUSDe APY is back to double digits Setting a new benchmark rate for the industry, there are plenty of Ethena opportunities to take advantage of today

The "loop" functionality offered by Bybit enables users to borrow USDT & USDC (~5%), before swapping into USDe (10%), and earning the rate differential with up to 5x leverage

2. USDe on Exchanges Users of the following platforms are able to earn 10% daily rewards on USDe directly to your account, distributed by the partner - @DeribitOfficial - @MEXC_Official - @bitgetglobal - @Gate_io - @HyperliquidX * - @CoinList * *Not available as derivatives margin collateral

3. USDe on Custodians and Wallet Partners Users of the following platforms are able to earn 10% daily rewards on USDe directly to your account by the platform - @CopperHQ - @ZodiaCustody - @KomainuCustody - Telegram @wallet_tg (with promotional rewards, up to 20% APR) - @OneKeyHQ

4. DeFi Money Markets With sUSDe at 10% APY, and sUSDe PTs clearing 12%, users have been taking advantage of looping strategies on venues like @aave sUSDe September PTs were enabled on Aave this week, hitting their $200m cap within a few hours - caps will be lifted soon sUSDe also has nearly $400 million of deposit capacity on Aave With USDT/C borrow rates at ~5%, there are some interesting opportunities to deposit Ethena assets and borrow USDT/C @DeFiSaver's dashboard highlights some of these opportunities Similarly, there is borrow capacity to lend sUSDe & PTs across other major money markets such as @MorphoLabs and @eulerfinance