Ethena says USDe supply grew by over $700 million in September

Oct 1, 2026 11:49 (24d ago)

Ethena reported higher USDe supply and expanded collateral use on Morpho.
USDe supply increased by more than $700 million during September.
USDe supported two of Morpho’s three markets, according to Ethena’s review.

Ethena reported that USDe supply increased by more than $700 million in September. The asset also became Morpho’s second-largest collateral asset overall and its largest collateral asset denominated in dollars, supporting two of the lending protocol’s three markets. The figures were disclosed in Ethena’s official September review, reported by PANews on Oct. 1.

USDE

ENA

MORPHO