Compound lending platform adds Ethena’s USDe and Mantle’s …
8 hours ago · Ethena’s USDe offers high yield and has witnessed rapid growth. Mantle’s mETH enhances staking and yielding on ETH. In a move to bolster its offerings, Compound Finance , one of Ethereum’s leading decentralized finance (DeFi) lending platforms, has integrated Ethena’s USDe stablecoin and Mantle’s mETH liquid staking token (LST) into ...
Aave proposal to peg Ethena’s USDe to USDT sparks
5 days ago · Aave’s new proposal to peg USDe to USDT has sparked a backlash from the community, with users questioning the risks of hardcoding the price of Ethena’s synthetic stablecoin.
Ethena releases 2025 roadmap, plans to include TradFi assets to …
6 days ago · Since then, the supply of USDe slid slightly to 5.9B, though still near peak supply. Currently, 4.2B of those tokens are locked in staking, with a premium price of $1.14. Staked USDe has a protective mechanism against mass withdrawals, thus protecting the $1 price for USDe. Ethena plans to offer sUSDe to traditional companies
Ethena’s USDe beats DAI to become 3rd-largest stablecoin
Dec 12, 2024 · Ethena’s stablecoin, USDe, has surpassed DAI in total market capitalization, becoming the third-largest stablecoin after Tether and USDC.
Ethena Labs Hints at USDe Stablecoin Launch Pegged to USD
Dec 13, 2024 · Ethena Labs is set to launch its new synthetic stablecoin, USDe, on December 16, 2024, with a market cap already reaching $5.73 billion. Unlike traditional stablecoins such as USDT or USDC, which are mainly used for transactions, USDe …
Yield-hungry investors push Ethena’s $5.8bn USDe over rival Dai ...
Dec 17, 2024 · Ethena’s USDe has surpassed Sky’s Dai and USDS stablecoins, becoming the third-biggest dollar-pegged asset behind Tether’s USDT and Circle’s USDC. The token, which is backed using a combination of volatile assets like Bitcoin and derivatives, hit a circulating supply of $5.8 billion, an 85% increase over the past month.
Ethena's USDe surpasses the supply of DAI as Ethereum (ETH) …
Dec 11, 2024 · Ethena is on an expansion streak for its USDe supply, reflecting favorable market conditions. USDe’s growth has put the asset ahead of DAI/USDS, as investors migrated because of the higher yield of the Ethena protocol. The supply of the stablecoin continued to expand above 5B tokens and has now broken above the total circulating DAI/USDS.
Ethena’s Synthetic Dollar USDe Exceeds $1B Supply - Yahoo Finance
LISBON, Portugal, March 19, 2024 -- (BUSINESS WIRE)--Just one month after Ethena Labs launched USDe, a crypto-native synthetic dollar, the total supply has exceeded 1 billion. This is the...
DeFi Platform Earning Yield by Shorting Ether Attracts $300M - CoinDesk
Feb 20, 2024 · Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures. More than $287 million of USDe has been minted since the...
Concerns mount over Ethena USDe’s promise of 27% yield …
Feb 20, 2024 · Ethena Labs’ launch of its USDe stablecoin with a 27.6% yield has stirred the crypto community, drawing comparisons to past high-yield projects.