Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
Lido Staked Ether 
TRON 
Dogecoin 
Cardano 
Figure Heloc 
WhiteBIT Coin 
Wrapped stETH 
Bitcoin Cash 
Wrapped Bitcoin 
Wrapped Beacon ETH 
USDS 
Chainlink 
Wrapped eETH 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
WETH 
Hyperliquid 
Monero 
Stellar 
Zcash 
Coinbase Wrapped BTC 
Ethena USDe 
Litecoin 
Sui 
Avalanche 
Hedera 
Shiba Inu 
sUSDS 
USDT0 
Dai 
Mantle 
Toncoin 
World Liberty Financial 
PayPal USD 
Cronos 
Ethena Staked USDe 
Uniswap 
Polkadot 
MemeCore 
Aave 
Bittensor 
USD1 
Canton 
Rain 
Bitget Token 
OKB 
Tether Gold 
Falcon USD 
Aster 
NEAR Protocol 
Ethereum Classic 
Binance-Peg WETH 
Ethena 
Jito Staked SOL 
BlackRock USD Institutional Digital Liquidity Fund 
Pepe 
Internet Computer 
Pi Network 
Jupiter Perpetuals Liquidity Provider Token 
Pump.fun 
syrupUSDC 
HTX DAO 
PAX Gold 
Ondo 
Worldcoin 
Global Dollar 
Provenance Blockchain 
KuCoin 
Circle USYC 
Sky 
syrupUSDT 
BFUSD 
Ripple USD 
Rocket Pool ETH 
Binance Bridged USDC (BNB Smart Chain) 
POL (ex-MATIC) 
Aptos 
Kaspa 
Gate 
Arbitrum 
Wrapped BNB 
Quant 
Binance Staked SOL 
Kelp DAO Restaked ETH 
Midnight 
Official Trump 
Algorand 
Cosmos Hub 
Function FBTC 
Liquid Staked ETH 
VeChain 
Lombard Staked BTC 
Flare 
Solv Protocol BTC 
Filecoin 
NEXO 
XDC Network 
USDtb 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
OUSG 
Sei 
Kinetiq Staked HYPE 
Render 
WrappedM by M^0 
Janus Henderson Anemoy AAA CLO Fund 
PancakeSwap 
Bonk 
USDD 
Arbitrum Bridged WBTC (Arbitrum One) 
Mantle Staked Ether 
clBTC 
Wrapped Flare 
First Digital USD 
Pudgy Penguins 
Ondo US Dollar Yield 
Beldex 
Polygon Bridged USDC (Polygon PoS) 
Renzo Restaked ETH 
USDai 
Story 
Jupiter Staked SOL 
Jupiter 
Polygon PoS Bridged DAI (Polygon POS) 
Artificial Superintelligence Alliance 
L2 Standard Bridged WETH (Base) 
Morpho 
Optimism 
StakeWise Staked ETH 
MYX Finance 
Ultima 
Curve DAO 
Dash 
Aerodrome Finance 
Usual USD 
tBTC 
SPX6900 
Arbitrum Bridged WETH (Arbitrum One) 
Tezos 
Injective 
Lido DAO 
Virtuals Protocol 
Bridged Wrapped Ether (Pundi AIFX Omnilayer) 
Stacks 
Starknet 
GTETH 
Ether.fi 
TrueUSD 
AB 
cgETH Hashkey Cloud 
Celestia 
Spiko EU T-Bills Money Market Fund 
FOLKS 
Merlin Chain 
Marinade Staked SOL 
Wrapped ApeCoin 
Stader ETHx 
GHO 
Telcoin 
Ether.Fi Liquid ETH 
FLOKI 
The Graph 
Kaia 
DoubleZero 
Swell Ethereum 
IOTA 
Ethereum Name Service 
Basic Attention 
Trust Wallet 
USDB 
BitTorrent 
Coinbase Wrapped Staked ETH 
Steakhouse USDC Morpho Vault 
sBTC 
Conflux 
Bitcoin SV 
dogwifhat 
Lorenzo Wrapped Bitcoin 
Sun Token 
JUST 
Pyth Network 
pippin 
Avalanche Bridged BTC (Avalanche) 
Olympus 
Fartcoin 
crvUSD 
AINFT 
Binance-Peg Dogecoin 
Decred 
Pendle 
Theta Network 
The Sandbox 
ether.fi Staked ETH 
EURC 
Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany.
The decision comes three weeks after BaFin, Germany’s finance regulator, identified “serious deficiencies” in Ethena’s USDe token and said that the company was offering securities in Germany without approval.
“We have agreed with BaFin to wind down all activities of Ethena GMBH and will no longer be pursuing the MiCAR authorization in Germany,” Ethena said in a tweet.
It added that all previous users will be onboarded to Ethena BVI, the protocol’s entity in the British Virgin Islands.
Ethena is the yield-generating protocol with $4.9 billion in total value locked (TVL). The USDe token is dubbed a “synthetic dollar” and is backed by bitcoin (BTC), ether (ETH) and other cryptocurrencies.
Ethena’s ENA token is down by 2.88% in the past 24 hours, underperforming against the wider market which is up 1.17%, according to CoinMarketCap.
