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> Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
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Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
Author:
DATE POSTED:
March 11, 2026
Feed:
The Defiant – DeFi News
View:
Original article
An analysis from WuBlockchain shows basis trade capital at record lows as hedging crowds out leveraged longs, pushing derivatives markets toward an unusual equilibrium.
Feed:
The Defiant – DeFi News
View:
Original article
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> Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up