Ethena Falls 20% This Week After Millions in Liquidations; Is USDe Still Safe?
- —ENA lost roughly 20% of its value over the week
- —Liquidations tied to Ethena positions reached millions of dollars
- —The review assesses USDe stability after the drawdown
Why it matters: USDe is one of the largest synthetic stablecoins, so its stability matters for DeFi lending and ENA holders.
Source: Google News (crypto query)