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Data: Ethena stablecoin USDe set a single-day redemption record on March 1, reaching 268 million U.S. dollars

Data: Ethena stablecoin USDe set a single-day redemption record on March 1, reaching 268 million U.S. dollars

Bitget2025/03/03 13:04

ChainCatcher reports, according to Dune data, the Ethena stablecoin USDe experienced its largest single-day redemption in history on March 1st, with a total of $268 million USD. This caused the circulating supply of USDe to decrease by approximately 4.7%. The data shows that this redemption event was mainly driven by two large holders: address 0x59...705d redeemed about 180 million USDe and Sky redeemed about 70 million USDe.

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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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