Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Ethena Labs Ranks 4th in Daily Fee Generation

Ethena Labs Ranks 4th in Daily Fee Generation

Coinomedia2025/10/24 19:03
By: Aurelien SageAurelien Sage
BTC+2.43%WLFI+7.48%ENA+7.31%
Ethena Labs secures 4th spot among top fee-generating protocols in the last 24 hours, signaling strong user engagement.What Fee Generation Tells Us About Protocol HealthEthena’s Growing DeFi Footprint
  • Ethena Labs ranks 4th in 24h fee generation.
  • Reflects growing traction and user activity.
  • Competes with major DeFi protocols.

In a striking show of momentum, Ethena Labs has emerged as the 4th-highest fee-generating protocol over the last 24 hours. This is a notable achievement, especially considering the competitive DeFi ecosystem where protocols like Ethereum , Uniswap, and Lido dominate daily fee charts.

Ethena Labs, known for its synthetic dollar ecosystem and yield-generating protocols, continues to attract strong on-chain activity. The high fee generation reflects active usage of its dApps and services—an important indicator of growth and protocol health in the crypto space.

What Fee Generation Tells Us About Protocol Health

Protocol fees are often viewed as a proxy for real user demand. Higher fees mean more transactions, more volume, and ultimately more utility. Ethena’s appearance in the top four signals strong adoption and increasing trust in its offerings.

This performance puts Ethena in the same conversation as some of the most established platforms in crypto. For a relatively young protocol, that’s a big statement—and it could be a precursor to more ecosystem developments, token traction, or partnerships down the line.

$ENA ( @ethena_labs ) ranks as the 4th-highest protocol by fees generated in the last 24 hours. pic.twitter.com/hClOoRdWhK

— Satoshi Club (@esatoshiclub) October 24, 2025

Ethena’s Growing DeFi Footprint

Ethena Labs has been steadily building a reputation in decentralized finance through innovative synthetic stablecoin models and on-chain hedging mechanisms. As more users interact with its ecosystem, its fee revenue is likely to continue climbing.

If this pace holds, Ethena could soon become a mainstay in DeFi rankings—not just in terms of fees, but in total value locked (TVL) and user growth as well.

Read Also :

  • RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion
  • Bitcoin Uptober Streak in Danger This Year
  • 2025 Sees Record Surge in Old BTC Movement
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Cardano News Update: Institutional Support Drives ADA Forward, Eyeing $2.96 Milestone by 2026

- Cardano (ADA) near $0.65 faces critical $0.63 support, with bullish triangle patterns suggesting potential surges to $2.96 by 2026 if key levels hold. - Institutional interest grows as T. Rowe Price's ADA-inclusive crypto ETF awaits SEC approval, while whale accumulation and $1.5B open interest signal speculative momentum. - Analysts project 20-333% gains depending on timeframe, with $0.85 resistance acting as a gateway to higher targets amid expanding DeFi infrastructure and 4-5% staking rewards. - Risk

Bitget-RWA2025/10/26 22:20
Ethereum Updates: Is Solana Posing a Threat? Do Ethereum Layer 2 Solutions Sacrifice Security for Scalability?

- Solana co-founder Anatoly Yakovenko challenges Ethereum L2s' security claims, citing centralization risks in multisig custody models. - He contrasts Ethereum's complex L2 codebases with Solana's design, proposing ZK proofs could create safer bridges to Ethereum. - Ethereum L2 advocate Cem Özer counters that rollup architecture—not bridges—determines security, enabling decentralized control through forced transactions. - Industry debates L2 proliferation's sustainability as 129 L2s fragment liquidity, whi

Bitget-RWA2025/10/26 22:20
Bitcoin News Today: The Bitcoin Valuation Dilemma: Conventional Approaches Compared to Macroeconomic Factors and Market Speculation

- Bitcoin's traditional valuation models face challenges as macroeconomic shifts, institutional flows, and speculative trading now dominate price drivers. - Binance data shows mixed investor behavior: 30-day outflows contrast with $5.56B whale inflows, while ETFs record $119.1M in redemptions amid weak trading volumes. - Technical indicators suggest potential breakout phases, with MVRV ratios and Wyckoff patterns aligning with historical market bottom signals. - Experts project $130k-$500k BTC price ranges

Bitget-RWA2025/10/26 22:20
C3.ai Faces Uncertainty While BigBear.ai Shows Strength Amid the Growth of Quantum Computing

- AI sector sees innovation surge as UiPath and C3.ai lead automation, while quantum computing gains traction via Microsoft/Google integration. - C3.ai faces lawsuits over CEO health disclosures and 25.58% stock plunge after Q1 miss, raising governance concerns under new CEO Stephen Ehikian. - BigBear.ai secures defense partnerships amid budget cuts, leveraging government contracts and edge computing to offset revenue declines. - Quantum computing emerges as next frontier, with Zacks highlighting seven sto

Bitget-RWA2025/10/26 22:20

Trending news

More
1
Cardano News Update: Institutional Support Drives ADA Forward, Eyeing $2.96 Milestone by 2026
2
Ethereum Updates: Is Solana Posing a Threat? Do Ethereum Layer 2 Solutions Sacrifice Security for Scalability?

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,578.1
+2.82%
Ethereum
Ethereum
ETH
$4,134.88
+4.69%
Tether USDt
Tether USDt
USDT
$1
-0.01%
XRP
XRP
XRP
$2.64
+1.99%
BNB
BNB
BNB
$1,137.83
+1.98%
Solana
Solana
SOL
$199.75
+2.90%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2046
+4.09%
TRON
TRON
TRX
$0.3003
+0.82%
Cardano
Cardano
ADA
$0.6821
+4.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter