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 dolla...
USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized. Ethana’s yield-bearing stablecoin, USDe...
USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized. Ethana’s yield-bearing stablecoin, USDe...
