Ethena Growth Lead: 75% of USDe collateral has strong liquidity

ChainCatcher news, Seraphim, the growth lead at Ethena Labs, posted on the X platform stating that users can view the collateral composition of USDe through the official UI. Currently, the collateral for USDe includes 600 million USD in USDT and 830 million USD in ETH, which accounts for 75% of the total value of all USDe collateral.

Overall, 75% of USDe's collateral has strong liquidity. In extreme cases, before the redemption of this 75% collateral is completed, the remaining LST can also be converted back to ETH.