BlockBeats news, on August 7, Ethena Labs officially stated on social media that since its launch last week, the Liquid Leverage product has attracted over $1.5 billion in funds.
Aave has now increased the deposit limits for sUSDe and USDe: the sUSDe limit has been raised to approximately $350 million, and the USDe limit has been raised to approximately $300 million. A plan to adjust the USDe September limit is expected to be announced within the next 36 hours.
The increase in Aave limits allows more users to utilize Liquid Leverage—this is a newly launched integrated feature by Ethena that allows users to gain leveraged exposure to sUSDe interest rates while maintaining better liquidity on their overall positions by holding USDe (without cooling period restrictions).