【USDe soars 25,645% in 90 days, Base-chain stablecoin landscape changes 🚀📊】
Click the avatar to get more information
Ethena’s USDe is hot
90 days from $1.3 million
to $337 million 💥
Up 25,645%
Becomes the No. 2 stablecoin on the Base chain directly 🪑
It’s synthetic dollar—
uses Bitcoin and Ethereum spot,
then opens equal-sized short positions to hedge 📐
Price movements don’t affect the principal,
but the funding rate keeps flowing into its own pocket
That’s exactly how the staking version sUSDe generates yield 💰
In the past 30 days, net inflows reached $67 million
Not caused by a single giant whale dump
It’s the Morpho lending protocol carrying volume all the way 📈
But don’t get carried away
There are still $4.25 billion worth of USDC on Base
USDe is only a challenger that just emerged 👀
And once the funding rate turns negative,
this strategy will have to pay out of pocket
You need to keep an eye on the rate 🤔
📌 Stablecoin growth driven by funding-rate income is a “sweet deal” in bull markets; when the rate turns negative, risks amplify too
➕ Join the fan group to get the strategy! 🔥 Every day, I’ll help you understand crypto market hotspots and how institutional capital flows, in the simplest way, so you can seize the next opportunity! 🚀
#稳定币 #DeFi #以太坊 #机构资金
Click the avatar to get more information
Ethena’s USDe is hot
90 days from $1.3 million
to $337 million 💥
Up 25,645%
Becomes the No. 2 stablecoin on the Base chain directly 🪑
It’s synthetic dollar—
uses Bitcoin and Ethereum spot,
then opens equal-sized short positions to hedge 📐
Price movements don’t affect the principal,
but the funding rate keeps flowing into its own pocket
That’s exactly how the staking version sUSDe generates yield 💰
In the past 30 days, net inflows reached $67 million
Not caused by a single giant whale dump
It’s the Morpho lending protocol carrying volume all the way 📈
But don’t get carried away
There are still $4.25 billion worth of USDC on Base
USDe is only a challenger that just emerged 👀
And once the funding rate turns negative,
this strategy will have to pay out of pocket
You need to keep an eye on the rate 🤔
📌 Stablecoin growth driven by funding-rate income is a “sweet deal” in bull markets; when the rate turns negative, risks amplify too
➕ Join the fan group to get the strategy! 🔥 Every day, I’ll help you understand crypto market hotspots and how institutional capital flows, in the simplest way, so you can seize the next opportunity! 🚀
#稳定币 #DeFi #以太坊 #机构资金
