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Pyth Network's Beyond The Price #28: Building the USDe Financial Hub with Ethereal DEX

Pyth Network's Beyond The Price #28: Building the USDe Financial Hub with Ethereal DEX

Pyth Network, the go-to oracle for real-time price data in the blockchain world, is gearing up for another episode of their popular "Beyond The Price" series. This time, it's episode #28, and they're diving deep into building a financial hub around USDe with special guest @0xAfif from Ethereal DEX. If you're into meme tokens and DeFi, this could offer some fresh perspectives on how stable, yield-bearing assets like USDe are shaping trading landscapes.

Beyond The Price #28 promotional poster featuring Pyth Network and Ethereal collaboration

What's the Buzz About?

The livestream, scheduled for November 5, 2025, at 2:00 PM UTC, will be broadcast on both X (formerly Twitter) and YouTube. Hosted by Pyth's own @PTillement and @KemarTiti, alongside @0xAfif, the discussion promises to explore how Ethereal DEX is leveraging USDe—a synthetic dollar from Ethena Labs—to create a robust financial ecosystem. USDe isn't your average stablecoin; it's designed to generate yield through hedging strategies, making it a hot pick for collateral in DeFi protocols.

For those new to the terms, an oracle like Pyth Network provides off-chain data (like asset prices) to smart contracts on blockchains. This is crucial for meme tokens, which often rely on accurate, real-time pricing for trading, lending, and more. Ethereal DEX, built on Celestia and powered by USDe, offers spot and perpetual trading where users can earn rewards on their full margin balances. It's multichain, uses USDe as a gas token, and integrates seamlessly with Ethena's ecosystem, unlocking access to billions in value.

Why This Matters for Meme Token Enthusiasts

Meme tokens thrive on volatility and community hype, but they also need solid infrastructure to scale. Perpetual futures (or perps) on platforms like Ethereal allow traders to bet on meme prices without owning the assets, amplifying the fun—and risks. By focusing on USDe as the core, this hub could make trading memes more efficient, with instant bridging over USDC and native yield to boot. Imagine hedging your $DOGE or $PEPE positions with a stable asset that actually earns you money while you hold.

Pyth's involvement here is key because their price feeds power many DeFi apps, including those dealing with memes. If the talk touches on integrating advanced oracles with USDe-based trading, it could signal new tools for meme creators and traders to build more resilient projects.

How to Tune In

Don't miss out—set a reminder for the stream on X or YouTube. These sessions often go beyond surface-level chatter, offering insights that can help you stay ahead in the fast-paced crypto world. Whether you're a blockchain practitioner looking to level up or just curious about the next big thing in DeFi, this episode looks set to deliver.

If you've caught previous "Beyond The Price" episodes, you know they blend technical deep dives with approachable explanations. Expect the same here, with a focus on real-world applications that could influence meme token strategies moving forward.

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