According to PANews, Ethena Labs' Ethereum-based stablecoin USDe has seen its supply surpass $1 billion, with the current sUSDe APY reaching 67.2%. The platform's displayed annualized yield is calculated on a rolling 7-day basis and may change weekly based on potential factors.
In addition, data from Coingecko shows that USDe's market cap currently ranks 6th, trailing the 5th-ranked TUSD by $290 million.