Solana Incentives Boost Ethena USDe Supply Past $450M

Ethena's USDe stablecoin supply on the Solana network has rapidly increased by over $450 million in a short period. This significant surge is primarily driven by various incentive activities implemented on the Solana chain. The data confirming this growth was disclosed by DefiLlama and analyst Tom Wan.

Detected & updated continuously · Source: Ruma

Mentioned

USDE (usde)Solana (sol)@DefiLlama@ethena@tomwanhh