According to the official news of Ethena Labs, the total lock-up volume of its DEX project Ethereal has exceeded 100 million US dollars. It is reported that Ethereal is a decentralized spot and perpetual contract DEX based on Ethena. Ethereal's goal is to fully leverage the power of USDe in a high-performance on-chain financial environment, providing users with a one-stop shop for all their core DeFi needs in a single vertically integrated application.