Key Notes

ENA outperformed major cryptocurrencies during Friday's market downturn, recovering from previous de-peg concerns.

Binance's $400 million reimbursement fund helped restore investor confidence in Ethena's stablecoin ecosystem.

The platform expanded its stablecoin infrastructure to Conduit, reaching over 60 Ethereum networks with $4 billion TVL.

Ethena ENA $0.44 24h volatility: 8.6% Market cap: $3.14 B Vol. 24h: $640.89 M price rose 8% to $0.44 on October 17, making it one of the few digital assets trading in green amid a widespread crypto market crash. ENA’s performance stood out as cascading market liquidation saw Bitcoin BTC $106 520 24h volatility: 1.7% Market cap: $2.12 T Vol. 24h: $97.29 B and Ethereum ET

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