Deribit, a well-known cryptocurrency derivatives exchange, has taken a significant step by incorporating the synthetic dollar USDe, developed by Ethena Labs, into its margin trading ecosystem. This move aims to provide users with an enriched trading experience.
By allowing users to use USDe as margin collateral, Deribit not only expands trading capacities but also incentivizes traders by enabling them to earn rewards for holding USDe.
This strategic integration is expected to attract more traders to Deribit, given the added benefits of using a synthetic stablecoin in trading.
