USDe's market capitalization has reached $13 billion.
According to a report by Jinse Finance, Tom Wan, Head of Data Analytics at Entropy Advisors, released a chart showing that the market capitalization of USDe has reached $13 billion. Excluding Ethereum, the combined market cap of USDe on other chains is less than 4%. Possible reasons include: lack of secondary market liquidity for acquiring sUSDe, absence of Pendle markets/PTs and YTs, and unsupported looping in lending markets. DRIP has already changed or will change the above situation for Arbitrum, and has already increased the market cap of USDe by 6 times.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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