Energi Dollar priceUSDE

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$ENA FYI : Ethena Labs officially announced on September 12, 2025, that USDe (their synthetic dollar stablecoin) and sUSDe (the staked, yield-bearing version) have launched on the $AVAX Avalanche blockchain. Users can now bridge these assets via $STG Stargate Finance and use them in key DeFi protocols for spot liquidity trading.

It has only been 1 week since DRIP launched, and we are already seeing protocols and assets thriving on @Arbitrum! Here are some of the key highlights: 1. Overall Ecosystem: • RWA AUM up 13% WoW, surpassing $420M AUM • DEX liquidity has increased by $104M (23.5%) since DRIP launched, now exceeding $550M, primarily driven by @0xfluid DEX. • Arbitrum's TVL has increased by $350M (+11%) since DRIP launched, primarily driven by the increase from Lending Markets and DEXs. • Combined Market Cap of USD Eligible assets have increased by $110M (+55%), and ETH Eligible assets have increased by $60M (5.5%) • Borrowing Volume of USDC increased by 41%, from $305M to $431M • DEX Liquidity of USD Eligible assets have increased by 21X • Lending Gross Protocol Fees continue to trend up - Euler +47% WoW - Fluid +46% WoW - Silo +17% WoW 2. Top Protocols highlights on Arbitrum since DRIP: • @morpholabs: Market Size 3X from $40M to $162M • @0xFluid: Market size +21% to over $300m driven by USDT/USDC supply and looping activities of USD Eligible assets • @SiloFinance: - Market size +30% to $80m from mostly ETH-denominated looping - Utilization +12% to 44% driven by WETH and USDC loans 3. Top Assets highlights on Arbitrum since DRIP: • @Theo_Network's ThBILL's market cap has 40x • @ethena_labs's USDe's market cap has 5x and sUSDe has 10x • @maplefinance's syrupUSDC has launched on Arbitrum and grew to $26M Market Cap • @ResolvLabs's wstUSR and RLP have grew to a combined market cap of $7.4M • @LidoFinance's wstETH has added $31M Market Cap on Arbitrum • @KelpDAO's rsETH has grown by 37% from $32M to $44M Market Cap

4/ The DRIP campaign on Fluid is centered on USDC and USDT0, but its impact extends beyond those two assets. We can see new collateral being used from the rest of the eligible DRIP assets across Arbitrum. New inflows since launch include: 🔹 syrupUSDC +$11.5M 🔹 sUSDe +$8.7M 🔹 USDe +$7.2M 🔹 wstUSR +$1.6M

Why does the fast-growing yield-bearing stablecoin landscape crtically need @Terminal_fi + @ethena_labs to scale? ​ Because liquidity is already moving. ​ @ethena_labs’ USDe has exploded into the third-largest stablecoin, and Terminal’s pre-deposit phase has crossed $300M: ​ • $230M USDe via @pendle_fi • $65M PT-tUSDe on Euler • $10M LP-tUSDe on Morpho ​ On Pendle alone, 230M+ tUSDe has been deposited by 1,500+ wallets, the highest-yielding USDe option live, and a new pool expiring in December just launched. ​ The first DEX deployment of Terminal is expected before the end of this maturity: ​