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.