Ethena Labs (ENA), a synthetic dollar protocol built on the Ethereum (ETH) network, has successfully debuted on the Blast Layer 2 solution. This launch is expected to boost the adoption of USDe and sUSDe. Additionally, various web3 projects, including Thruster, Juice Finance, Hyperlock Finance, Orbit Protocol, Init Capital, and Renzo, will provide services related to USDe and sUSDe.

One of the immediate benefits of Ethena Labs' launch on the Blast Network is that Thruster will introduce USDe and sUSDe to liquidity provider pools paired with USDB, offering significant Ethena allocation with 30X Sats alongside Blast Gold and Thruster Credit. Hyperlock Finance users who stake USDe and sUSDe will receive an additional 5X Sats.

Juice Finance will allow users to borrow up to 3X against their USDB into Thruster and Hyperlock Finance V3 USDe, with returns of up to 105x Sats and single-sided deposits up to 20X.

Ethena Labs users can now supply USDe to borrow on the Orbit lending protocol, accessing up to 4X leverage and being eligible for 20x rewards on their positions alongside Blast Gold and Orbit Points.

The successful launch of Ethena Labs on the Blast network will facilitate leveraged looping of USDe and sUSDe up to 5x via Init Capital.

Moreover, single-sided deposits of USDe will be available on Particle Trade, enabling users to earn up to 20X Sats.