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Ethereal
Tier S

Ethereal

Expected Gains
★★★★☆
Time Required
15 min
Quest Nature
Financial
Funding Info
Proposed to be integrated with Ethena's ecosystem, potentially benefiting from Ethena's backing
90
Airdrop Score
Airdrop Dashboard

Project Overview

Ethereal is a decentralized exchange (DEX) for spot and perpetual futures trading, built on the upcoming Ethena Network using USDe as its primary asset. It aims to offer centralized exchange-like performance while maintaining self-custody and flexibility.

Guide

  1. Go to https://deposit.ethereal.trade/points?ref=AZGSAF
  2. Connect wallet to Ethereal platform
  3. Deposit USDe to receive eUSDe receipt tokens
  4. Hold eUSDe or deposit into supported integrations for boosted points
  5. Participate in trading activities once the platform launches

Maximize Potential

  1. Deposit USDe early in the Season Zero event
  2. Hold eUSDe for 30x/day rewards multiplier
  3. Participate in supported integrations for boosted points
  4. Engage with the referral program

Latest X Summary

Ethereal Project Update

Welcome to the latest update on Ethereal, where we dive into the exciting developments and airdrop-related events happening in the Ethereal ecosystem. Let's explore the highlights from the recent tweets and see what's new for airdrop hunters!

Key Highlights

  • Season Zero Milestone: Ethereal has reached a significant milestone with over $1 billion USDe pre-deposited. This marks a major achievement as the project enters the final month of Season Zero. The community has grown to include over 25,000 unique depositors, with new members joining daily.

  • Aave Integration: Ethereal has integrated with Aave, allowing users to deposit Pendle Finance's pt-eUSDe to borrow against the highest fixed-rate yields in DeFi. This integration is a part of Ethereal's ongoing efforts to expand its ecosystem and provide more opportunities for its users.

  • Rapid Growth: Since the launch of Season Zero pre-deposits two months ago, Ethereal has seen rapid growth, reaching approximately $900 million from over 24,000 unique depositors. This growth highlights the strong interest and trust in Ethereal's platform.

Recent Developments

DateEvent
May 1, 2025Crossed $1 billion USDe pre-deposited milestone. Tweet
April 30, 2025Aave integration announced for pt-eUSDe deposits. Tweet
April 28, 2025Season Zero update with $900M in deposits. Tweet

What's Next?

As Ethereal continues to build its "DeFi everything app," the team is working through the last month of Season Zero and preparing to unveil the next stages of the project. The focus remains on unifying spot, perpetuals, RWA, and lending markets to create a comprehensive DeFi platform.

Stay tuned for more updates and opportunities to participate in Ethereal's growing ecosystem. Keep an eye on their Twitter for the latest news and announcements.

Join the Ethereal community and be part of the future of decentralized finance!