Over the past month @ethena_labs has been crushing it🔥 > $USDe supply has surged 75% to $9.3B > $3.1B+ in the last 20 days > The fastest growing YBS based on TVL (3rd largest stablecoin by mcap) > DeFi's 6th largest protocol by TVL > Utilization of @BlackRock BUIDL fund based RWA via $USDtb > Working with the institution level through @convergeonchain $106.59M (2.7% of CS) of $ENA is getting unlocked tomorrow.
Tom Wan
Tom Wan4.8. klo 03.48
The combined market cap of USDe and USDtb has reached $10B. Excluding the double count, Ethena still has $9.4B TVL, and will soon become the only 5 DeFi protocols to have $10B+ TVL.
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