April 22, 2026·Bearish·tokenomics

Ethena's USDe Supply Plummets $800M, Shaking DeFi

Ethena's USDe stablecoin supply has sharply dropped by $800 million, representing a 14% decline over the past three days. This rapid decrease indicates a significant outflow of liquidity from the asset. The event is noted as shaking up the broader DeFi ecosystem, even as Bitcoin remains steady.

Detected & updated continuously · Source: Ruma

Mentioned

Ethena (ena)

Ethena USDe (usde)

Sources

@BitcoinHopium

Ethena’s USDe supply just plummeted by $800M in three days. That’s a 14% drop. Liquidity is fleeing fast, and it’s shaking up DeFi. Bitcoin seems steady, though. Interesting times. https://t.co/W4Y3wFGCEu