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

WuSaidBlockchainW · 2025-04-23T08:45:29+00:00

According to Wu, as per @tomwanhh's data dashboard, the APY for Ethena sUSDe and Sky sUSDs is 4.7% and 4.48%, respectively, both have fallen to near the yield of US Treasury T-Bills (4.24%). Since entering April, the staking rate of Ethena USDe has dropped below 45%, and the supply of sUSDe has continued to decline from its peak of 4.5 billion USD at the end of December last year to about 2.11 billion USD now.

WuSaidBlockchainW

2025-04-23 08:45:29

According to Wu, as per @tomwanhh’s data panel, the APY of Ethena sUSDe and Sky sUSDs are 4.7% and 4.48%, respectively, both having fallen close to the yield of U.S. Treasury T-Bills (4.24%). Since the beginning of April, the loan-to-value of Ethena USDe has dropped below 45%, and the supply of sUSDe has continued to decline from a peak of $4.5 billion at the end of December last year to about $2.11 billion today.

ENA-4.76%

USDE-0.01%

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