X @Token Terminal ๐
Token Terminal ๐ยท2026-01-23 16:39
RT Jonaso (@Jonasoeth)USDe metrics are turning positive again, even if the recovery is not very strong yet.This is similar to late 2024, when $USDe supply dropped for months, then surged in Q2 and Q3 of 2025.@ethena_labs may have already passed its stress test by the end of 2025.Key metrics to watch โ- Over $300M USDe minted in 3 weeks, mainly from Ethereum and HyperEVM.- USDe fees stable recently, aided by steady BTC and ETH funding rates.- Weekly asset transfers jumped from $1.9B to $4.7B since the year's ...