HawkInsight

  • Contact Us
  • App
  • English

Ethena Labs: Can provide Bybit with any help

Ethena Labs posted an update saying,"The previously mentioned US$30 million in unrealized profits have been reduced to US$10 million, and we expect to reduce our unrealized profit exposure to Bybit to zero in the next hour." At present, the total amount of liquid stablecoins behind USDe is US$2 billion. If users need it, they can immediately redeem it. All USDe redemption functions normally. Our hearts are with Bybit and are always ready to provide any help possible."

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More