Ethena Records Major Growth in Interest Income and USDe Supply

Ethena has announced significant financial growth, with cumulative total interest income exceeding $500 million. In the most recent week alone, the protocol generated $13.4 million in revenue. Furthermore, Ethena minted 670 million new USDe tokens, driving the total supply to a record high of 11.7 billion USDe tokens. Notably, the annual interest rate for sUSDe is approximately 9%.