Mar 8, 11:45 AM

Ethena Labs, Stablecoin Project, Earns $6.8 Million Weekly Revenue, USDE Yield at 67%

Ethena, a stablecoin project, has integrated with L2s like Manta, Metis, Mode, and Injective with significant TVLs. Ethena's TVL is $2 billion. It generated $4 million for its treasury in a week, becoming the highest-earning dapp in the industry with $6.8 million in weekly revenue. Its USDE yield reached 67%, surpassing most stablecoin returns.

#Ethena #Manta #Metis #Mode #Injective

Written with ChatGPT (GPT-3).