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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

December 23, 2025 by DIGIT
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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

Ethena’s synthetic stablecoin USDe has seen its market cap cut almost in half since the Oct. 10 crash, as investors retreat from leveraged and synthetic collateral models.

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  • bitcoinBitcoin(BTC)$87,811.00-2.40%
  • ethereumEthereum(ETH)$2,955.38-3.15%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$846.30-2.39%
  • rippleXRP(XRP)$1.89-2.68%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.89-3.29%
  • tronTRON(TRX)$0.283000-0.23%
  • staked-etherLido Staked Ether(STETH)$2,950.77-3.33%
  • dogecoinDogecoin(DOGE)$0.130225-3.35%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$87,811.00-2.40%
  • ethereumEthereum(ETH)$2,955.38-3.15%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$846.30-2.39%
  • rippleXRP(XRP)$1.89-2.68%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.89-3.29%
  • tronTRON(TRX)$0.283000-0.23%
  • staked-etherLido Staked Ether(STETH)$2,950.77-3.33%
  • dogecoinDogecoin(DOGE)$0.130225-3.35%