USDe supply falls below 3.1 billion
According to Etherscan data, the supply of stablecoin USDe issued by EthenaLabs has dropped below 3.1 billion, currently around 3,093,090,087, held by 15,802 people, and the number of transfers has reached 535,648.
Sumer.money Completes Ethena Asset Integration
On July 20th, Sumer.money, a blockchain liquidity infrastructure project, completed the integration of Ethena assets. Sumer's efficient risk engine allows users to use USDe, sUSDe, and PT-sUSDe as collateral on Ethereum, automatically adapting different collateral ratios for borrowing and/or generating synthetic assets with different correlations, maximizing capital efficiency without increasing risk. Sumer will also provide power to high-performance EVM L1 with its unique Supernova kernel. This technology stack will contribute to Cosmos SDK as an architecture solution for future L1 and decentralized L2.
Ethena: USDe supply drops to 3.41 billion
According to data from the Ethena official website, as of July 14th, the supply of USDe has dropped to 3.41 billion, and the reserve fund of stablecoin protocol Ethena is currently maintained at $45.4 million.
USDe supply hit a high this week and then fell back, currently falling below the 3.5 billion mark
Etherscan data shows that the supply of stablecoin USDe issued by Ethena Labs has fallen below 3.5 billion after surpassing 3.6 billion this week, with the current supply at 3,484,812,254.897083 and held by 14,562 individuals, with a total of 464,659 transactions.
USDe issuance exceeds 3.5 billion
According to Etherscan data, the stablecoin USDe issued by Ethena Labs has reached a circulation of 3,568,048,089.4.
USDe supply exceeds 3 billion
According to Etherscan data, the supply of stablecoin USDe issued by Ethena Labs has exceeded 3 billion, reaching 3,001,513,316.325098 at the time of writing this article.
Ethena Labs Q2 Update: FDUSD Curve $10 million LP pool will be launched next Monday
Ethena Labs released its second quarter update stating that on April 2nd, 5% of ENA's total supply was distributed to the community after 6 weeks of activity. The second quarter will end on September 2nd or when the USD supply reaches 5 billion.
Ethena Reserve Fund Increases to $38.7 Million
On May 12th, according to data from the Ethena official website, the reserve fund of the stablecoin protocol Ethena reached $38.7 million, with an increase of $6 million in the past month.
In the past 24 hours, 5 whale addresses withdrew more than 10 million ENA from CEX for staking
According to The Data Nerd, in the past 24 hours, 5 whale addresses withdrew over 10 million ENA coins from CEX and deposited them into Ethena Labs for staking.
Ethena already supports Bitcoin as a collateral asset for USDe
Ethena Labs announced on Twitter that it has added support for Bitcoin as a collateral asset for USDe. As of now, Ethena's hedge position accounts for about 20% of open ETH contracts.
