Ethereum reclaims USDT dominance against Tron after 2 years
[Nov 26 12:10 AM] Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
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USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
[Sep 3 12:30 AM] Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130…
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
[Aug 30 2:40 PM] Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE…
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
[Apr 5 7:27 AM] On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest…
Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz
[Apr 3 9:32 AM] Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization…