Ethena Releases July Proof of Asset Custody Report
On July 26, Ethena officially released the July (for USDe-backed) Asset Custody Proof Report as of July 24, 2024 at 10:00 UTC, with key information including:
- USDe supply: 3.401 billion
- Copper Assets in Custody: $1,819 million
- Ceffu assets in custody: $1,554 million
- Cobo assets in custody: $5.25 million
- Casting/redemption assets: $30.02 million
- Reserve funds: $45.45 million
- Totals (including reserve funds) as a percentage of dollars: 101.55 percent
- Total backing assets: $3,408 million
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