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CoinOtag 2025-12-25 02:02:24

Ethena’s ENA Draws Dip Buyers After 62% Drop and USDe Outflows

Ethena's USDe stablecoin experienced significant outflows following the October 2025 market crash, with $8 billion redeemed over two months, halving TVL from $14.8 billion to $7.4 billion. This was driven by depegging on Binance and broader market liquidations, impacting the protocol's stability. USDe redemptions surged to $5.7 billion in October alone, continuing into November and [...]

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