USDe Stability Check: Will Ethena Survive Funding Rate Challenges?

Ki Young Ju, an On-chain analyst, recently posted insights on X platform regarding the stability of Ethena’s synthetic dollar protocol, USDe. According to Ki Young Ju’s analysis, the protocol’s reserve fund appears capable of weathering challenges akin to the 2022 FTX/LUNA scenario, as long as its market cap remains below $3 billion.  Currently, the market […] source: https://coinedition.com/usde-stability-check-will-ethena-survive-funding-rate-challenges/