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Ethena is the sixth DeFi protocol to surpass $10 billion TVL

By: theblockbeats.news|2025/08/12 08:41:35

BlockBeats News, August 12, 21.co's Strategy Analyst Tom Wan posted on social media saying, "Ethena has become the sixth DeFi protocol to surpass $10 billion TVL, and it is the second non-staking DeFi protocol to reach this milestone after Aave."

According to Dune data, Ethena's current TVL has reached $11.893 billion, with an sUSDe APY of 4.72%.

Presto Research Director: Ethereum is Ready to Win Wall Street's Approval

Within one week of the implementation of the Hong Kong Stablecoin Regulation, the size of the local OTC trading market has decreased by approximately 32.94%.