Back

Ethena Labs Launches Liquid Leverage on Aave

Ethena Labs officially introduces Liquid Leverage, allowing users to deposit sUSDe and USDe on Aave, with promotional rewards yielding around 12%.

AAVE
USDE
SUSDE

Summary

Ethena Labs has officially launched Liquid Leverage on Aave, enabling users to deposit 50% sUSDe and 50% USDe. This feature provides standard loan rates and APY from sUSDe, along with promotional rewards yielding approximately 12% annually. The integration aims to enhance user returns on deposits in the money market.

Terms & Concepts
  • Liquid Leverage: A financial product that allows users to leverage their deposits for additional rewards and returns.
  • sUSDe: A stablecoin variant used within the Aave protocol, often pegged to the U.S. dollar.
  • USDe: Another stablecoin utilized in lending and borrowing on platforms like Aave.