The market capitalization of USDe has risen to $9.293 billion, with a monthly increase of over 75%

According to reports from Hash City, based on DeFiLlama data, the market capitalization of Ethena's synthetic stablecoin USDe has reached $9.293 billion, with an increase of 75.13% within a month. Currently, USDe is the third-largest stablecoin by market capitalization, ranking after USDT and USDC.