Ethena: USDe supply grew over $700M in September
- —USDe supply rose by over $700 million in September
- —USDe is the second-largest collateral asset on Morpho
- —USDe is Morpho's largest USD-denominated collateral
- —The token backs two of the protocol's three main markets
Why it matters: The growth strengthens Ethena's role in DeFi lending and raises USDe's systemic importance for Morpho.
Source: PANews