Since Ethena announced the opening of a USD stablecoin deposit pool with a limit of $50 million yesterday, it has once again reached the deposit limit.
According to information on the official website of USDe developer Ethena Labs, as reported by BlockBeats on February 21st, Ethena has reached its deposit limit again after announcing the opening of a $50 million USDe deposit pool yesterday. The current TVL of the Ethena protocol has reached $342 million.
As previously reported by BlockBeats, on February 16th, Ethena Labs completed a strategic round of funding worth $14 million at a valuation of $300 million, with Dragonfly, Brevan Howard Digital, and BitMEX founder Arthur Hayes' family office Maelstrom leading the investment. On February 19th, Ethena Labs launched its public mainnet and introduced the "Shard Campaign" to incentivize users.