Time
12:47
Ethena: Reserve proof provided by a third party confirms that USDe still has approximately $66 million in overcollateralization
October 11, 2025
CoinFeed News
Ethena Labs officially released a reserve certificate in response to market doubts, stating: "USDe reserve certificates are typically provided weekly by third-party independent certification agencies, including ChaosLabs, Chainlink, LlamaRisk, and Harris & Trotter. At the request of the community, Ethena provided a reserve certificate with an unconventional rhythm based on market events in the past 24 hours. The certificate can be found in the official link. These independent third parties have confirmed that USDe still has approximately $66 million in overcollateralization. Ethena Labs provides the greatest degree of transparency."