USDe Integrates with Aave and Berachain Senior Vault
Ethena's USDe, holding $50M AUM, integrated with Aave and is depositable in Berachain’s Senior Vault. This vault offers ~11% APY plus $BERA, expanding USDe’s on-chain utility.
Related news
Aave V4 Deposits on Avalanche Pass $125 Million to Reach Record High
Aave V4 deposits on Avalanche (AVAX) have topped $125 million, a record. Ethena Pay's new Earn+ vault, which routes funds through Aave V4, is cited as a driver.
Ethena USDe Supply on Avalanche Rises 211% in 30 Days to Above $20 Million
Ethena's USDe stablecoin supply on Avalanche (AVAX) has reportedly risen 211% over 30 days to more than $20 million, as USDe supply stands near $5 billion overall.
Ethena’s USDe goes native on OKX’s X Layer, with Aave first in line
Ethena's USDe stablecoin is now available on OKX's X Layer, with an Aave v3 market as the first integration and USDe looping via OKX Wallet to follow.
Tether and Circle Dominate Stablecoins as No Rival Tops $5B
Tether's USDT and Circle's USDC hold about 60% and 24% of the stablecoin market, while Ethena's USDe and World Liberty Financial's USD1 remain below $5B.
Ethena hits $1,000,000,000 worth of fees
Ethena, issuer of the $USDe synthetic dollar, has passed $1 billion in cumulative fees since late 2023, according to DefiLlama data.