EtherealMainnet Alpha & Season One Update
The Ethereal Mainnet Alpha will launch on October 20th. This is another exciting step towards bringing our vision of a DeFi everything app powered by USDe to life. Thank you to all the users and community members who have contributed to the development of Ethereal so far. Access will initially be limited to the top 100 users currently on the Ethereal mainnet waitlist. As a reminder, waitlist position is a function of Season Zero participation, referral activity, and other onchain/DeFi wallet ...
EtherealEthena Exchange Points
EtherealSeason One Update
Season Zero RecapLaunch of Season Zero program on Ethereum mainnet in February Integration of eUSDe with major DeFi protocols like Pendle, Aave, Morpho, Spark, Euler, and many others Pre-deposits surpassed $1B with over 30,000 unique depositors Private testnet app released in April 2025 with a small cohort of community members Continuous product improvements including advanced order types, native USDe rewards, and other UI/UX improvements & bug fixes Public testnet app launched in June with s...
Next generation decentralized spot and perpetuals trading powered by USDe.
EtherealMainnet Alpha & Season One Update
The Ethereal Mainnet Alpha will launch on October 20th. This is another exciting step towards bringing our vision of a DeFi everything app powered by USDe to life. Thank you to all the users and community members who have contributed to the development of Ethereal so far. Access will initially be limited to the top 100 users currently on the Ethereal mainnet waitlist. As a reminder, waitlist position is a function of Season Zero participation, referral activity, and other onchain/DeFi wallet ...
EtherealEthena Exchange Points
EtherealSeason One Update
Season Zero RecapLaunch of Season Zero program on Ethereum mainnet in February Integration of eUSDe with major DeFi protocols like Pendle, Aave, Morpho, Spark, Euler, and many others Pre-deposits surpassed $1B with over 30,000 unique depositors Private testnet app released in April 2025 with a small cohort of community members Continuous product improvements including advanced order types, native USDe rewards, and other UI/UX improvements & bug fixes Public testnet app launched in June with s...
Next generation decentralized spot and perpetuals trading powered by USDe.
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Ethereal is now live on testnet! Users can access the testnet application at: testnet.ethereal.trade
Thank you to all the community members and Season Zero participants who have helped guide Ethereal’s product development so far. This launch is a key step towards mainnet, providing a first look at high-performance onchain trading powered by USDe.
Under the hood, Ethereal is an appchain on Converge built with industry-leading EVM rollup infra like Arbitrum, Celestia, and Conduit. Together with Ethereal’s application-specific sequencer, these components come together to create a best-in-class onchain trading experience.
Full documentation, API specifications, SDK guides, and detailed protocol information are available at docs.ethereal.trade
Request testnet USDe at register.ethereal.trade
Wait for your account to be funded to begin trading
Start trading at testnet.ethereal.trade
Join the Ethereal Discord & submit feedback
We’re very eager to hear any feedback from the community on the testnet app, please feel free to join the discussion in Discord with any thoughts/questions! Following the public testnet, we’ll open a waitlist for the mainnet alpha ahead of the anticipated launch timeline and also plan to provide further details surrounding the Season Zero program as well as the upcoming Season One program.
Ethereal is now live on testnet! Users can access the testnet application at: testnet.ethereal.trade
Thank you to all the community members and Season Zero participants who have helped guide Ethereal’s product development so far. This launch is a key step towards mainnet, providing a first look at high-performance onchain trading powered by USDe.
Under the hood, Ethereal is an appchain on Converge built with industry-leading EVM rollup infra like Arbitrum, Celestia, and Conduit. Together with Ethereal’s application-specific sequencer, these components come together to create a best-in-class onchain trading experience.
Full documentation, API specifications, SDK guides, and detailed protocol information are available at docs.ethereal.trade
Request testnet USDe at register.ethereal.trade
Wait for your account to be funded to begin trading
Start trading at testnet.ethereal.trade
Join the Ethereal Discord & submit feedback
We’re very eager to hear any feedback from the community on the testnet app, please feel free to join the discussion in Discord with any thoughts/questions! Following the public testnet, we’ll open a waitlist for the mainnet alpha ahead of the anticipated launch timeline and also plan to provide further details surrounding the Season Zero program as well as the upcoming Season One program.
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