Data: Ethena sUSDe and Sky sUSDs APY are 4.7% and 4.48% respectively

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According to @tomwanhh's data panel, Ethena sUSDe and Sky sUSDs APY are 4.7% and 4.48% respectively, both having fallen close to the U.S. Treasury T-Bill yield (4.24%). Since entering April, Ethena USDe staking rate has dropped below 45%, and sUSDe supply has continuously declined from its peak of $4.5 billion at the end of last December to around $2.11 billion today.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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