Ethena（USDE）在超流动器上购买了股票，暗示了潜在的部署

根据X帖子的报道，链链分析师注意到，$ USDE股票是在几个小时前在Hyperliquid上购买的

On-chain analysts have noticed that the $USDe ticker was bought on Hyperliquid some hours ago today, March 18.

链链分析师注意到，$ USDE股票是在3月18日（3月18日）在Hyplliquid上购买的。

Now, the user is speculating that the ticker purchase suggests Ethena is going to deploy on the Hyperliquid L1 chain.

现在，用户猜测股票收购表明Ethena将部署在超液体L1链上。

“Did Ethena really buy the ticker? Or was someone else trying to psyop people?” The user asked before proceeding to connect dots based on the on-chain evidence they cited.

“埃塞娜真的买了股票吗？还是其他人试图让人？”用户在继续根据他们引用的链上的证据来连接点之前要求。

Ticker $USDe was bought on Hyperliquid 3 hours ago.

Ticker $ USDE是在3小时前在超级流动品上购买的。

This suggests Ethena is going to deploy on Hyperliquid but… did Ethena really bought the ticker? Or was someone else trying to psyop people?

这表明Ethena将要在超流动器上部署，但是…Ethena真的购买了股票？还是其他人试图让人？

Let's check onchain.

让我们检查一下Onchain。

The ticker was bought by… pic.twitter.com/GyGqxeREo3

股票是由…pic.twitter.com/gygqxereo购买的

— Ericonomic (@ericonomic) March 18, 2025

- 2025年3月18日的Ericonomic（@Eliconomic）

Where the onchain evidence led

OnChain证据引导的地方

After Ericonomic (@ericonomic) found out the ticker $USDe was bought on Hyperliquid, he decided to look on-chain to see if he could find out if the move was made by Ethena or bad actors.

在Ericonomic（@Eliconomic）发现了在Hyproliquid上购买了股票$ USDE之后，他决定链接链，看看他是否可以找出这一举动是由Ethena还是坏演员进行的。

According to on-chain analysis that traced the wallet addresses involved, the ticker was bought by wallet address 0x47581b206ffb2752c165b987141bad0dc22bd605. The wallet was funded by 0x643Dbbc80Bb5432f646fEDFa4091a9b205E87Ae4, a wallet which appears to be linked with an Ethena deployer, which is an externally owned account (EOA) used for deploying smart contracts or managing operations.

根据追踪涉及的钱包地址的链分析，股票被钱包地址购买0x47581B206FFB2752C165B987141BAD0DC22BD605。该钱包由0x643DBBC80BB5432F646FEDFA4091A9B205E87AE4 AAE4资助，该钱包似乎与Ethena Deployer相关，该钱包与外部拥有的帐户（EOA）相关，该帐户用于部署智能合同或管理操作。

Further tracing of the transactions showed that 0x643 was funded by 0x796Ee28CE42BF7bd43A09aCd43FAd0aACD7C3b29, another address linked to Ethena’s development multisig, which has ENS names like etheinainsurancefund and ethenaops, and is referenced in Ethena’s documentation.

交易的进一步跟踪表明，0x643由0x796EE28CE42BF7BD43A09ACD43FAD0AACD7C3B29资助，另一个与Ethena开发的Multisig相关的地址，该地址与Etheinainsurancefund和EthenaOps等Ens Name Multisig链接，并参考了Ethena的文档。

Another wallet, 0xFF0458EA5F864717B05D79BF456a8b70767A7EF5, which was funded by the Ethena deployer 0x643, also reportedly sent funds to Hyperliquid to set up a 4-8 multisig, which suggests Ethena is preparing infrastructure on the L1 blockchain.

另一个钱包，0xff0458EA5F864717B05D79BF456A8B70767A77A77A77A7777A7777777A77AF5，由Ethena Deployer 0x643资助，据报道，还向超级流动机寄来了资金，以建立4-8个Multisig，这表明Ethena Multisig提示Ethena In Infrarasther in Infrrasther in Infrrasther in l1 BlockChain。

Apparently, these develoopments are strong evidence of Ethena’s involvement, which led Ericonomic to conclude his post by declaring that Ethena is indeed planning to deploy on Hyperliquid.

显然，这些Develogments是Ethena参与的有力证据，这使Ericonomic宣布Ethena确实计划在超流动液中部署。

Ericonomic ended his post by writing that Ethena might be waiting for Hyperliquid to enable the HyperEVM<>HyperCore token bridge before fully deploying.

Ericonomic结束了他的帖子，写道Ethena可能正在等待Hyperliquid，以使Hyperevm <>超核令牌桥在完全部署之前。

In the comment section, many seemed to agree with Ericonomic. One user, @0xnutzs, recalled a proposal from last year as proof of Ethena’s interest in Hyperliquid.

在评论部分中，许多人似乎同意了Ericonomic。一位用户 @0xnutzs回顾了去年的一项提案，以证明埃塞纳对超流动的兴趣。

The governance proposal on Ethena’s forum was dated October 17, 2024, and titled “Hyperliquid Ethena Liquidity and USDe Integration.” It requested that Ethena integrate Hyperliquid as an eligible venue for a portion of its hedging flow, subject to technical and legal due diligence.

Ethena论坛上的治理提案的日期为2024年10月17日，标题为“ Ethena Hypliquid Ethena流动性和USDE集成”。它要求Ethena将超级流动性整合为一部分对冲流的符合条件的场所，但要遵守技术和法律尽职调查。

It had been an official suggestion within Ethena’s community, and it triggered speculation among those who keep an eye on Ethena’s governance activities. The excitement started to build, but then as time passed, people realized something weird; Ethena stopped talking about the topic after the proposal.

这是埃塞纳（Ethena）社区中的官方建议，它引发了人们关注埃塞纳（Ethena）治理活动的人中的猜测。兴奋开始建立，但是随着时间的流逝，人们意识到了一些奇怪的东西。埃塞娜（Ethena）在提案之后停止谈论这个话题。

This likely fueled even more speculation as people wondered why they were keeping quiet about it; could there be technical, legal, or strategic issues causing delays, or had the integration been completely abandoned?

人们想知道为什么他们为何对此保持沉默，这可能引起了更多的猜测。是否存在导致延迟的技术，法律或战略问题，还是完全放弃了整合？

If the proposal had been approved, or if it eventually got approved, the integration would be implemented in a controlled manner with Risk Committee guidance as Ethena hedging flow scales alongside the growth of Hyperliquid, with maximum initial proposed allocations.

如果该提案已获得批准，或者最终获得批准，则该集成将以控制的方式与风险委员会指导一起实施，因为Ethena对冲流量量表以及高流动性的增长，并最初提出了最初的提议分配。

The proposal, which outlined synergies between Hyperliquid and Ethena also requested that the Ethena Risk Committee do its due diligence of Hyperliquid’s suitability as a potential hedging venue. It has been months since then, and the committee is quiet. That’s why many are now wondering if the committee is still doing its due process or whether Ethena is making moves under the radar.

该提案概述了超流动和乙烯之间的协同作用，还要求埃塞纳风险委员会对超流动性的适合性作为潜在的对冲场所进行尽职调查。从那以后已经有几个月了，委员会很安静。这就是为什么许多人现在想知道委员会是否仍在进行正当程序，或者埃塞纳（Ethena）是否在雷达下采取行动。

Hyperliquid could be a suitable venue for Ethena’s USDe

杂种可能是Ethena USDE的合适场所

Hyperliquid is a relatively new L1 that has proven to be more than just a project that

超流动是一个相对较新的L1，事实证明，不仅仅是一个项目