Crypto Asset Deep Analysis｜@ethena_labs, $ENA No.2

Then, the next item is TVL growth.

They launched their product on March 2023, and achieved 50,700% Growth from $5M TVL to $2.54B only for one year.

This is amazing.

Ethena is currently one of the fastest growing #DeFi projects in #Web3.

I suppose lots of institutional clients get interested in $USDe as alternative investment vehicle of US Government Bond.

For more detail:
https://orblabs.ventures/103640/

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