On July 18, Ethena tweeted that the annual interest rate of sUSDe reached 10%. This is the first time since January that sUSDe APY has returned to double digits.
Ethena: sUSDe annualized yield reaches 10%, the first time it has returned to double digits since January
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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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