Ethena: The USDe over-collateralization rate exceeds 101%, with reserve assets exceeding liabilities by more than 60 million USD

Ethena stated that the USDe reserve proof is usually provided weekly by independent third-party organizations such as Chainlink and Llama Risk. In light of the market events that occurred in the past few hours, Ethena has proactively released the latest reserve proof.

Third-party organizations such as Chainlink and Llama Risk have confirmed that the USDe over-collateralization amount exceeds 60 million dollars, with a collateralization rate higher than 101%.