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Boop.Fun leading the way with a new launchpad on Solana.
The supply of @ethena_labs USDe has grown rapidly over the past 30 days.
According to DefiLlama, key drivers of this expansion include:
• Ethereum: +55.14%
• TON: +72.48%
• Mantle: +55.10%
• BNB Chain: +23.01%
USDe’s cross-chain growth reflects this rising demand for yield-bearing stablecoins across both DeFi and emerging L1 ecosystems.
Since our early report on Ethena and their subsequent partnership with @Securitize to launch Converge, USDe has seen remarkable growth and it’s a trend we’ll continue to monitor closely.

31.7.2025
USDe supply is up $3.1 billion in <20 days, with more inflows than:
-all BTC ETFs combined
-every BTC ETF including IBIT
-every ETH ETF including ETHA
And rates aren't even near froth yet

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