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DEEPSEEK

DeepSeek is an AI company and a family of large language models based in Hangzhou, China. It was founded in 2023 and funded by High-Flyer, a well - known quantitative asset management giant. DeepSeek is dedicated to developing advanced large language models and related technologies. It has released several models, including DeepSeek LLM, DeepSeek Coder, DeepSeekMath, and DeepSeek - VL. The latest version, DeepSeek - V3, which was launched in December 2024, has 67.1 billion parameters and was trained on a dataset of 14.8 trillion tokens. It uses FP8 training and open - sources the native FP8 weights. Benchmark tests show that it outperforms Llama 3.1 and Qwen 2.5 while matching GPT - 4O and Claude 3.5 Sonnet. In addition, DeepSeek - R1, which was officially released on January 20, 2025, performs on a par with OpenAI O1 in terms of mathematics, code, and natural language reasoning tasks. DeepSeek's models have a wide range of applications, such as chat and coding scenarios, multilingual automatic translation, image generation, and AI painting. With their high performance and low cost, DeepSeek's models have quickly gained popularity. For example, on February 2, 2025, the DeepSeek app climbed to the top of the download charts in 140 countries on the Apple App Store and also topped the Android Play Store in the United States

deepseek

Sui and SUIG Collaborate with Ethena to Launch suiUSDe Stablecoin

Sui, SUIG, and Ethena collaborate to introduce suiUSDe, a Sui-native synthetic dollar, enhancing the DeFi ecosystem with innovative stablecoin solutions.

by Alvin Lang
Oct 02, 2025

deepseek

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Fantom founder Andre Cronje voices apprehension about USDe stablecoin's sustainability, invoking fears of a Terra-like collapse.

by Jessie A Ellis
Apr 04, 2024

deepseek

Binance Launches Ethena (ENA) on Launchpool for Farming ENA Tokens

Binance, the popular cryptocurrency exchange, has introduced Ethena (ENA) on its Launchpool platform. Users can now participate in farming ENA tokens by staking BNB and FDUSD. The farming period will last for three days, starting from March 30, 2024. ENA will be listed on Binance on April 2, 2024.

by Rebeca Moen
Mar 29, 2024

deepseek

Injective (INJ) Becomes First Non-Ethereum Blockchain to Integrate Ethena's USDe

thena, the prominent DeFi protocol with nearly $1 billion in TVL, expands its ecosystem by launching USDe and Ethena Shards exclusively on the Injective blockchain.

by Luisa Crawford
Mar 07, 2024

DEEPSEEK

Sui and SUIG Collaborate with Ethena to Launch suiUSDe Stablecoin

Fantom (FTM) Andre Cronje Raises Alarm Over Ethena's USDe Stablecoin Risks

Binance Launches Ethena (ENA) on Launchpool for Farming ENA Tokens

Injective (INJ) Becomes First Non-Ethereum Blockchain to Integrate Ethena's USDe

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