Ethena plans to expand the arbitrage strategy to the stock sustainability contract market

Ethena plans to extend the policy of arbitrage of encrypted cash and durability contracts to the stock durability contract market in order to capture the capital rate premium. Ethena currently has a arbitrage peak of over $8 billion for encrypted currency, and the potentially uneven size of the stock-for-life contract theory can reach $4 trillion. As at 11 August, the market-wide non-renewal contracts amounted to $6.2 billion, with annualized capital rates of 14 per cent and 17.5 per cent for Hyperliquid and coins, respectively, compared to 4.1 per cent for Bitcoin during the same period。