According to Wu, as per @tomwanhh’s data panel, the APY of Ethena sUSDe and Sky sUSDs are 4.7% and 4.48%, respectively, both having fallen close to the yield of U.S. Treasury T-Bills (4.24%). Since the beginning of April, the loan-to-value of Ethena USDe has dropped below 45%, and the supply of sUSDe has continued to decline from a peak of $4.5 billion at the end of December last year to about $2.11 billion today.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Data: Ethena sUSDe and Sky sUSDs APY are 4.7% and 4.48% respectively.
According to Wu, as per @tomwanhh’s data panel, the APY of Ethena sUSDe and Sky sUSDs are 4.7% and 4.48%, respectively, both having fallen close to the yield of U.S. Treasury T-Bills (4.24%). Since the beginning of April, the loan-to-value of Ethena USDe has dropped below 45%, and the supply of sUSDe has continued to decline from a peak of $4.5 billion at the end of December last year to about $2.11 billion today.