Ethena is making a high-profile expansion to Solana. Within 24 hours of Kamino Market going live, $400M has poured in, and USDG has already been fully borrowed. With leveraged looping, yields can reach 20%. There are still plenty of Multiply vault users in the market. Up next, Bitwise is launching a new market on Jupiter Lend, marking USDe's official entry into Solana DeFi.