Congrats to the traders who joined the testnet competition and helped battle test Ethereal ahead of mainnet. 100 users earned bonus points, a share of 25,000 USDe, and priority access to trade on mainnet.

RT @strata_money: Strata x Ethereal saga levels 🆙 @EtherealDex transitions to Season One. eUSDe holders can mint pUSDe to keep stacking Str….

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We're incredibly humbled by the Ethereal community's overwhelming support on our journey to mainnet. The mission remains clear: build DeFi's everything app powered by USDe.

Epoch 4 kicks off expansion beyond vanilla perps with exotic trading pairs, integrated lending/earning products, community LP vaults, and more. Everything you need in one performant, vertically integrated USDe-powered platform. Internet money meets internet finance.

Epoch 3 will coincide with the public beta phase. All users earn Ethereal points, USDe rewards, and Ethena Rewards for trading and holding margin on the exchange.

Epoch 2 represents the first phase of Ethereal mainnet. Users can earn Ethereal Points, USDe rewards, and Ethena Rewards simply for holding USDe on Ethereal. Alpha testers (gated via waitlist) will also be able to unlock trading rewards.

Epoch 1 is a short transitionary period from Season Zero leading up to Ethereal mainnet. During this period, users holding eUSDe will continue earning Ethereal Points (0.01 daily per eUSDe) and Ethena Rewards (30x multiplier). Existing eUSDe integrations with @aave,.

Season One will span four epochs, each expanding scope alongside the rollout of the Ethereal product suite. Additional information will be shared prior to the start of each epoch. As a show of appreciation for early community members, all Season Zero depositors are eligible for a.

Thousands of users have also been actively battle-testing Ethereal from private testnet in April and public testnet in June, to the most recent trading competition in July. To accelerate the path from here to mainnet, Ethereal will be deployed first to Arbitrum mainnet with a.

Since launching in February, Season Zero surpassed $1B in deposits from 30,000+ unique users across integrations with @pendle_fi, @aave, @MorphoLabs, @sparkdotfi, @eulerfinance, and others. Thank you to all users who participated in Season Zero and have helped to establish the.

As Season Zero comes to an end, preparations for deployment of Ethereal Mainnet have officially begun. Season One: Epoch 1 begins August 14th. Each epoch throughout Season One represents another step towards the full vision

RT @0xAfif: Intern-vibecoded leaderboard is now chronicling his demise @doodleresearch . Try it out at Special sh….

Rules:.- Must be profitable to earn a prize.- Do not exploit any bugs (please report them though!).- No faucet top-ups.- Competition ranked by net PnL.

Competition Prizes:.🥇 1st Place: 5,000 USDe.🥈 2nd Place: 2,500 USDe.🥉 3rd Place: 1,000 USDe.🏆 4th-10th: 500 USDe each.🎗️ 11th-25th: 250 USDe each.🫂 26th-100th: 125 USDe each. Winners will be granted day 1 mainnet access to Ethereal, receive a bonus Season 1 points drop, and.

To ensure competition fairness, ~2,000 wallets have been whitelisted for participation in the competition. This includes our most active testnet traders and Season Zero users selected based on onchain metrics. Eligible users have already had their Ethereal accounts funded with.

🏆 Announcing the Ethereal testnet trading competition 🏆. Thank you to the thousands of traders who have been actively using Ethereal, providing feedback, and engaging with the community over the past month. As the end of the public testnet phase of Ethereal approaches, we will