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Nalezeno "Gyroscope": 4

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months


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 Supply Plummets as Competition Heats Up From Aug....

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