USDe's market capitalization has surpassed $10 billion for the first time, while at the same time ENA has surged over 186%.

BlockBeats News, August 9th, according to official data, the current market capitalization of USDe has surpassed 10 billion US dollars for the first time, reaching a new all-time high. It has increased by 46.9 billion US dollars compared to July 4th (5.31 billion US dollars), with a growth rate of 88.3%. Meanwhile, during the same period, ENA has increased by 186%.

At the time of writing, USDe is currently trading at $1.001; ENA is trading at $0.7449, with a 24-hour increase of 20.77%, and its market capitalization has risen to 4.911 billion US dollars.

Source

Correction/Report

RelatedRecommended

Considering the recent surge in ENA, how did the USDe supply increase by $3.7 billion in 20 days?

PT-USDe Rotation Strategy Launched by Pendle and Aave

ENA's market value exceeds $1 billion, but some people worry that it is creating the next black swan

Many people are worried that the next DeFi black swan event may happen to an original stablecoin protocol that mishandles risk management, but we also hope that this prediction is wrong. After all, no one wants to experience Luna again.

From stablecoins to consumer finance, ENA is gaining a new valuation logic.

Ethena's ambitions extend beyond USDe.

Behind ENA's surge, how big is the impact of Ethena connecting to US stock perpetuals?

Arthur Hayes' most favored ENA has indeed pumped.

ENJ Surges Over 130% in 10 Days: VCs Stop Unlocking, 95% of Protocol Revenue Used for Buyback

On-Chain Activity

8min ago

A smart money address with a 100% win rate has entered a long position on 20,277 ETH.

Capital Economics: US stock market unlikely to return to October highs in the short term

A certain trader with a heavy short position in the US AI sector now has a floating profit exceeding $30 million.

Aoi Sola: Recently started self-learning cryptocurrency, welcome for guidance.

Correction/Report

Submit

Add Library

Visible to myself only

Public

Save

Choose Library

Add Library

Cancel

Finish

USDe's market capitalization has surpassed $10 billion for the first time, while at the same time ENA has surged over 186%.

AI and chip stocks hit by sell-off wave, four short-selling whales each reap over $5 million in single-day profits

A smart money address with a 100% win rate has entered a long position on 20,277 ETH.

AAOI's Q4 revenue guidance falls short of expectations, stock plunges 16% before quick rebound

An Ethereum ICO whale increased its position by 2,221 ETH, approximately $4.99 million.