Source: Coindesk.com
Ethena's USDe yield-bearing token grew by $1 billion in a month to $3.44 billion as perpetual funding rates rose amid the crypto rally. The token now offers a 29% annualized yield, rebounding from a period of below the U.S. dollar risk-free rate as crypto markets corrected. DeFi lenders and exchanges listing USDe as collateral assets
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The post "Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields" appeared first here Coindesk.com.
Source: Coindesk.com
