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Ethena Launches Exchange Points Program for Ethereal and HyENA Traders

Ethena Foundation’s new program rewards genuine trading using USDe collateral, with anti-manipulation measures ensuring fair distribution.

USDE
ENA

Summary

Ethena Foundation announced a six-month Exchange Points program for active traders on Ethereal and HyENA, rewarding transactions collateralized with USDe. Each platform will distribute 100 million points weekly, with safeguards to prevent manipulative practices. The initiative is designed to operate alongside Ethena’s existing Season5 rewards, enabling traders to accumulate points from both programs.

Terms & Concepts
  • Exchange Points: A digital rewards system distributed to users based on trading activity on a specific platform.
  • Season5 points program: An ongoing structured reward campaign by Ethena offering incentives to platform users through point accumulation.
  • Stackable rewards: A type of incentive system where multiple reward programs can be combined to increase total benefits.