Ethena’s USDe has lost about $8.3B in net outflows since the Oct. 10 crypto crash, with its market cap falling nearly 56% amid broader deleveraging, according to 10x Research.
Ethena’s synthetic dollar USDe has shed about $8.3 billion in net outflows since the major liquidation event on Oct. 10, as confidence in leveraged and synthetic collateral structures continues to weaken.
According to a report from 10x Research, the … [2160 chars]
Source: Cointelegraph | Published: 2025-12-23T13:57:28Z
Credit: Cointelegraph
