Ethena’s USDe Shrinks by $8.3B as Traders Flee Risky Stablecoins
Dec 23, 2025
Ethena’s synthetic dollar USDe has shrunk from about $14.7Bn to roughly $6.4Bn in just over two months after the October 10 crypto crash. That’s an $8.3Bn exit as traders unwind risk and move toward simpler, fiat-backed stablecoins. This all happened during the biggest
Following the xUSD Collapse: Does Aave’s USDe Hardcode Expose DeFi’s Critical Weakness?
Nov 6, 2025
Following the events of this week, it is clear that Decentralized finance has entered a new era. Indeed, more than $132Bn is currently managed by various protocols, with Aave being the largest among them. Over the years, the team has established a reputation
