POPA ReconEthena updates its transparency page
Ethena updates its transparency page Ethena announced an update to its USDe backing transparency dashboard, providing a detailed breakdown of reserves after planned diversification beyond traditional crypto basis trades DeFi lending is the largest allocation at roughly 48% ($2B+), with significant exposure to protocols like Aave, Morpho, Kamino, and Jupiter, while crypto basis now represents only about 1% https://app.ethena.fi/dashboards/backing-assets
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