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Ethena Releases July Asset Custody Certificate Report

Ethena officially released its Certificate of Custody report for July (in support of USDe), as of 10:00 UTC on July 24, 2024, with key information including: · USDe supply: 3.401 billion Copper assets in custody: $1.819 billion · Ceffu assets under custody: $1.554 billion · Cobo assets under custody: $5.25 million Minted/redeemed assets: USD 30.02 million :: Reserve fund: $45.45 million Total (including reserve funds) as a percentage of US dollars: 101.55% Total Backed Assets: $3.408 billion.