USDe has reached $13B Market Cap. Apart from Ethereum, the combined USDe market Cap from other chains is less than 4%.
Potential reasons could be:
- Lack of secondary market liquidity for accessing sUSDe
- Doesn't have a Pendle Market / PTs & YTs are not supported for looping in Lending Markets
DRIP has changed/going to change the above for Arbitrum, and it has already increased USDe Market Cap by 6x.
Show original
15.61K
30
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.