TechFlow news, on August 22, Ethena's Risk Committee released a new Qualified Assets Framework today (August 22) to evaluate perpetual futures assets backing the USDe stablecoin. The framework sets strict criteria, requiring total open interest of assets to exceed $1 billion, with a single exchange accounting for over 30%, and establishes clear requirements for liquidity, funding rate stability, and market maturity. The first batch of assets passing the screening include XRP, HYPE, and BNB, while SUI and ADA were rejected due to failing to meet key liquidity and open interest requirements. This framework aims to ensure Ethena can efficiently conduct hedging operations while reducing execution risk.
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