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Ethena assures users of solvency after Bybit hack

February 21, 2025 by DIGIT
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According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

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  • bitcoinBitcoin(BTC)$89,143.00-2.37%
  • ethereumEthereum(ETH)$3,012.89-2.25%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.17%
  • binancecoinBNB(BNB)$879.28-1.57%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$131.62-5.38%
  • tronTRON(TRX)$0.2857751.11%
  • staked-etherLido Staked Ether(STETH)$3,013.65-2.60%
  • dogecoinDogecoin(DOGE)$0.138196-5.90%
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  • bitcoinBitcoin(BTC)$89,143.00-2.37%
  • ethereumEthereum(ETH)$3,012.89-2.25%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.17%
  • binancecoinBNB(BNB)$879.28-1.57%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$131.62-5.38%
  • tronTRON(TRX)$0.2857751.11%
  • staked-etherLido Staked Ether(STETH)$3,013.65-2.60%
  • dogecoinDogecoin(DOGE)$0.138196-5.90%