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<div data-lark-html-role="root"><span class="text-only" data-eleid="8"> Established in 2013, Gate is one of the world's pioneering cryptocurrency exchanges, serving over 35 million users globally. It consistently ranks among the top 3 globally in both trading volume and liquidity. Gate is currently ranked second globally in 24-hour spot trading volume, supporting spot trading, futures trading, margin trading, and wealth management products for over 3,600 cryptocurrencies. The platform offers comprehensive and diversified digital asset trading and blockchain application services. It employs zero-knowledge technology to ensure the 100% verifiability of user assets. As of August 8, 2025, the total value of Gate's reserves stands at $12.02 billion, with an overall reserve ratio of 123.98%.</span></div>
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<p>Ethena is a synthetic USD protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, as well as a globally accessible USD-denominated savings instrument - &quot;Internet Bonds&quot;.</p>

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Arthur Hayes Liquidates $3.14M in ENA, ETHFI, and PENDLE Holdings

https://cdn.mytoken.org/out/d7a4ac30f8c8a2ea54e8a7eb365b411f

Ethena Price Prediction 2026, 2027 – 2030: Will ENA Price Cross $2?

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