Ethena proposed reducing sUSDe unstaking to as little as one day under a reserve-linked model, while separate market updates highlighted SEC discussions on tokenized securities and large ETH whale trades.
Ethena said it plans to replace the fixed seven-day sUSDe unstaking cooldown with a dynamic system tied to the share of liquid stablecoins in USDe reserves, allowing the wait to fall as low as one day. Separate developments mentioned in the same update included U.S. SEC advisers backing tokenized securities with safeguards, a whale shorting 27,000 ETH worth $57.11 million, and another whale accumulating 73,744.98 ETH over three days. The Ethena proposal remains the core project update, while the other items reflect broader regulatory and market activity occurring alongside it.