Transparency
In providing transparency of Ethena protocol’s backing assets, we are excited to share our sixteenth monthly attestation report from all integrated custodians, verifying the backing assets of USDe reside off-exchange within institutional custodial solutions. Monthly attestation reports complement both our real-time Transparency dashboards as well as our
Engineering
On 22nd March 2026, Resolv Labs’ USR stablecoin suffered a significant exploit. In the spirit of shared learning, we outline key design principles that can help mitigate such risks - including on-chain bounds, atomic collateral tying, and fast automated containment.
Transparency
In providing transparency of Ethena protocol’s backing assets, we are excited to share our sixteenth monthly attestation report from all integrated custodians, verifying the backing assets of USDe reside off-exchange within institutional custodial solutions. Monthly attestation reports complement both our real-time Transparency dashboards as well as our
News
Ethena Foundation is launching Ethena Exchange points: a program rewarding trading activity using USDe as collateral on Ethena-powered exchanges.
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fifteenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
Transparency
We are excited to announce that Kraken Custody is now one of the custodians supporting the backing assets of USDe. Kraken Custody joins Copper, Ceffu, and Anchorage Digital Bank as the custodians utilized by the protocol. Kraken Custody's solution was thoroughly reviewed and has been approved by the
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fourteenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
Transparency
We are excited to announce that Anchorage Digital Bank is now one of the custodians supporting the backing assets of USDe. Anchorage Digital Bank joins Copper and Ceffu as the custodians utilised by the protocol. Anchorage Digital Bank’s custody solution was thoroughly reviewed and has been approved by the
Research
HyENA is a new USDe-margined perpetuals DEX on Hyperliquid’s HIP-3 platform. HyENA combines the high performance and user friendly features of Hyperliquid with USDe as trading collateral. HyENA’s main contributor is Based, the highest revenue Hyperliquid platform and builder of trading and prediction market interfaces. HyENA
Transparency
Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our eighteenth attestation report from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.
Transparency
In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our seventeenth attestation report from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.