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Ethereal will launch on the Ethena Network testnet in Q4 2024.

BlockBeats News, November 9th, Ethereal, a spot and perpetual contract trading platform built on USDe, announced on social media that it will go live on the Ethena Network testnet in 2024 Q4. Ethereal aims to fully unleash the potential of USDe, using it as the primary settlement asset, high-yield collateral, and more. 15% of the future Ethereal governance token will be allocated to ENA (sENA) stakers.