Ethena’s Deployed Capital Drops as Appetite for Leverage Fades
TL;DR: Capital Plunge: Ethena’s deployed capital has fallen to $791 million, representing a reduction of over 85% from its all-time high. Unusual Balance: For the first
capital (Latest Publications)
Strategy Ramps Up Capital Mix Shift With Bitcoin‑Focused Funding Expansion
Strategy is accelerating its capital strategy, confirming that it has raised $20.8 billion so far in 2025. This is an encouraging figure, considering it almost matches
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