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Ethena Labs: Liquid Leverage Attracts Over $1.5 Billion in Funds Since Last Week
Summary: Ethena Labs officially announced on social media that their Liquid Leverage product has attracted over $1.5 billion in funds since its launch last week. Aave has increased the deposit limits for sUSDe and USDe: sUSDe limit raised to around $350 million, USDe limit raised to around $300 million. The September limit adjustment plan for USDe ...
Ethena Labs officially announced on social media that their Liquid Leverage product has attracted over $1.5 billion in funds since its launch last week. Aave has increased the deposit limits for sUSDe and USDe: sUSDe limit raised to around $350 million, USDe limit raised to around $300 million. The September limit adjustment plan for USDe is expected to be announced within the next 36 hours. The increase in Aave limits allows more users to utilize Liquid Leverage - a new feature introduced by Ethena, allowing users to leverage sUSDe rates while maintaining better overall liquidity by holding USDe (with no cooling-off period restrictions).
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Link: Ethena Labs: Liquid Leverage Attracts Over $1.5 Billion in Funds Since Last Week [Copy]
