Using USDe as collateral could help perpetuals traders to reduce risk, derivatives trader Joshua Lim of Arbelos said.
Bybit has added USDe as a collateral asset for perpetual futures trading with leverage and also listed spot bitcoin (BTC) and ether (ETH) trading pairs against the token, according to a press release.
Bybit's move to accept USDe as collateral asset makes Ethena 'even more of a bridge between centralized finance (CeFi) and decentralized finance (DeFi)', Joshua Lim, co-founder of Arbelos, said.
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