Ethena's USDe loses $8.3B in market cap since the October crash, as investors pull back from synthetic and leveraged assets ...
Ethena’s synthetic dollar USDe has shrunk from about $14.7Bn to roughly $6.4Bn in just over two months after the October 10 crypto crash. That’s an $8.3Bn exit as traders unwind risk and move toward ...
Ethena’s USDe expanded by 75% as growth turned nearly vertical in July. The stablecoin surpassed SkyProtocol’s USDS to become the third-largest stablecoin by supply. Ethena’s USDe expanded its supply ...
Ethena faces a major setback as TVL drops over half, driven by massive USDe redemptions and accelerating ecosystem exits.
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 stablecoin USDe has vaulted into the top tier of the digital dollar market, overtaking DAI and USDS to claim the third spot by market capitalization in the stablecoin ladder. The ...
Transak Adds Support for USDe, Synthetic Dollar Now Available Via Fiat On-Ramp Transak announced Thursday the listing of (CRYPTO: USDe), the synthetic dollar issued by Ethena Labs, on its global fiat ...
Dai and Ethena USDe both aim for a $1 price, but use very different strategies to get there. Both stablecoins handled recent market volatility with only minor, short-lived price blips. Choosing ...
Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Ethena’s synthetic-dollar stablecoin USDe saw one ...
Transak CEO said growing demand for decentralized stable assets makes USDe a timely and strategic integration for users. USDe is now available through Transak’s API and widget, expanding availability ...
WAYZATA, Minn.--(BUSINESS WIRE)--SUI Group Holdings Limited (“SUI Group,” “SUIG” or the “Company”) (NASDAQ: SUIG), in partnership with Ethena, a DeFi synthetic dollar protocol, and the Sui Foundation, ...