Understanding ecosystem services
Learn what the directory describes and where third-party responsibility begins.
An educational directory
The ecosystem directory groups money markets, yield markets, liquidity venues, custody infrastructure and structured products. It describes roles in the Ethena ecosystem.
Independent services
Each service has its own terms, risks and access requirements. Inclusion does not mean a service is integrated into Ethena Wallet, audited as part of it or suitable for a particular person.
Different layers
Custody infrastructure for protocol backing is separate from the application interface. A lending market and a yield market also perform different functions. Read the local service detail before comparing them.