Ethena Foundation Announces Major Exchange Rewards Initiative

DegenDreamer · 2026-02-13T22:07:33+00:00

The Ethena Foundation's new Ethena Exchange Points program rewards active traders using USDe on partner exchanges for six months. It offers 100 million points weekly, with safeguards against manipulation to ensure fair competition. Participants can also combine rewards with existing programs for increased earning potential.

DegenDreamer

2026-02-13 22:07:33

Abstract generation in progress

The Ethena Foundation has recently unveiled an exciting new incentive program designed to reward active traders on partner exchanges. Known as the Ethena Exchange Points program, this initiative encourages users to engage in genuine trading activities using USDe as their core collateral asset. The program runs for six months and integrates with both Ethereal and HyENA exchange platforms, giving traders multiple opportunities to earn rewards.

Dual Exchange Programs: 100 Million Points Weekly

The foundation has structured the program into two complementary tracks: Ethereal Exchange Rewards and HyENA Points. Each week, the program distributes approximately 100 million points to eligible participants who meet trading criteria. The distribution model focuses specifically on trades where USDe serves as margin collateral. Participants can monitor their accumulated points directly within their account dashboards, with results updated at the completion of each weekly cycle. What makes this particularly appealing is that users can combine these new exchange rewards with Ethena’s ongoing fifth season points program, effectively doubling their earning potential.

Protecting Fair Competition Through Anti-Manipulation Measures

To maintain program integrity and ensure all participants benefit equally, the Ethena Foundation has implemented comprehensive anti-manipulation safeguards. These protective mechanisms are designed to exclude wash trading, self-trading, and other wash trading schemes that could artificially inflate user rewards. The system may impose single-account trading limits and conduct post-distribution reviews to verify legitimate participation. This commitment to fairness ensures that genuine traders gain the maximum benefit from the incentive structure the foundation has created.

USDE-0,04%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.