Ethena USDe Supply on Avalanche Surges 211% in 30 Days to Top $20 Million
Key Highlights The on-chain supply of Ethena’s synthetic dollar, USDe, on the Avalanche network has surged by 211% over the past 30 days, surpassing $20 million. Avalanche-based USDe has expanded significantly from mid-September 2026 levels of approximately 5.77 million, supported by LayerZero bridging transfers from Ethereum. The milestone follows continuous ecosystem integration, including native mint ...