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’s brief depeg reveals potential ripple effects across crypto markets, pushing for a reevaluation of its classification. Ethena’s synthetic dollar, USDe, shed over $2 billion in market capit...
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...
