Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

Ethena’s synthetic stablecoin USDe has seen its market cap cut almost in half since the Oct. 10 crash, as investors retreat from leveraged and synthetic collateral models.

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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

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