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09:54
Ethena launches “Eligible Asset Framework”, BNB has been approved as the first new collateral asset for USDe
August 22, 2025
CoinFeed News
According to Ethena Labs, the Ethena Risk Committee has released a "Qualified Asset Framework" to evaluate and expand the range of collateral assets for USDe perpetual contracts. BNB has been approved as the first newly added supported asset, while XRP and HYPE also meet all the framework's criteria, becoming candidates for upcoming listing. The framework sets out a series of strict minimum standards, including a two-week average open equity exceeding $1 billion, 24-hour spot and perpetual trading volume exceeding $100 million, and spot depth exceeding $500,000, to ensure sufficient market depth and liquidity. The committee will regularly update the list of eligible assets and approve them based on risk assessments.