USDe's market capitalization has risen to $9.293 billion, a monthly increase of over 75%.

According to DeFiLlama data, the market capitalization of Ethena's synthetic stablecoin, USDe, has reached $9.293 billion, a 75.13% increase in one month. USDe is currently the third largest stablecoin by market capitalization, behind only USDT and USDC.