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Coin Edition 2024-04-17 19:59:00

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 The post USDe Stability Check: Will Ethena Survive Funding Rate Challenges? appeared first on Coin Edition .

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