According to DefiLlama (decentralized finance data platform), USDe recorded about $1.6 billion in net outflows over five days, reducing the token’s circulating supply to levels last seen in November 2024.
USDe, a crypto-linked dollar token, has experienced roughly $1.6 billion in net outflows during the past five days, according to data from DefiLlama (decentralized finance data platform). The decline pushed USDe supply back to levels last recorded in November 2024. Net outflows generally indicate more redemptions or withdrawals than new issuance, which can shrink the circulating supply of a token and signal weakening short-term demand or a shift in capital within the digital asset market. The source did not provide the exact current supply figure beyond noting that it has returned to November 2024 levels.