USDe narxUSDE

2/ On April 2, USDe and sUSDe went live on BNB. Per @EntropyAdvisors dashboard, BNB Chain now ranks 5th by USDe TVL with $8.8M. DeFi incentives and integrations with @PancakeSwap, @VenusProtocol, and @pendle_fi are fueling early traction.

Planet Lunch News 1. Yesterday, Bitcoin spot ETF had a net outflow of 1 million US dollars, and Ethereum ETF had a net outflow of 29.2 million US dollars; 2. Sun Yuchen responded to WSJ: I don’t know about the relevant rumors. CZ is my mentor and friend, and also my benefactor; 3. Trader Eugene: I have already shorted ETH, SOL, and XRP in small amounts when BTC reached 83,500. I don’t think the market is sustainable; 4. DWF Labs received another 5 million USD1 9 hours ago, becoming the top 2 institution holding positions on the chain; 5. The US Senate proposed to impose emission fees on high-energy-consuming data centers, and Bitcoin mining companies may be affected; 6. McDonald’s wrote to the US SEC: It has no intention to discuss Bitcoin reserve-related proposals at the May shareholders’ meeting; 7. Ethena Labs launched the USDe reserve certificate and will publish the proof results once a week; 8. Movement: A Cornucopia snapshot will be taken tonight, and rewards will be issued and withdrawals will be opened next week; 9. Wayfinder (PROMPT) short-term breakthrough of 0.48 USDT, 24H increase of 163.14%.

Ethena Labs launches USDe reserve proof and will publish proof results once a week Ethena Labs announced the launch of the USDe Reserve Proof, which was created and launched in collaboration with Harris & Trotter, Chaos Labs, LlamaRisk, and Chainlink. The USDe Reserve Proof will publish proof results once a week, which will be independently reviewed by the aforementioned verifiers, and the data sources include blockchains, custodians, and exchange partners. In addition, the reserve fund assets are not included in the USD value of the USDe backing assets.

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What you see: a beautiful 📈 chart What our product team sees: ▪️2 metric series, plotted against the same Y axis ▪️custom metric labels ▪️legend grouped by product, USDe intentionally toggled off ▪️filtering for @ethereum-based data ▪️custom colors ▪️footnote for extra context