Ethena Reports Significant Growth in Interest Income and USDe Supply

According to Foresight News, Ethena has announced that its cumulative total interest income has surpassed $500 million. In the past week, the protocol generated $13.4 million in weekly revenue. Additionally, Ethena reported the minting of 670 million new USDe tokens, bringing the total supply to a record high of 11.7 billion USDe tokens. The annual interest rate for sUSDe stands at approximately 9%.