Overview
Ethereal is a decentralized exchange (DEX) for spot and perpetual futures trading, built as a Layer 3 app chain on the Ethena Network. It uses USDe (Ethena's synthetic, delta-neutral stablecoin) as native collateral for all trading activity, positioning itself as the core trading infrastructure within the Ethena ecosystem.
Native asset
- USDe
Block explorers
- Mainnet: https://explorer.ethereal.trade
- Testnet: https://shadownet.explorer.etherlink.com
(Ethereal's testnet was recently migrated from Etherlink testnet to Etherlink Shadownet Testnet)
Supported functionality on Fireblocks
- Custody
- Transfers