Ethena said reserve attestations for USDe are usually provided weekly by independent third parties including Chainlink and Llama Risk. Following market events over the past several hours, the company moved up the release of its latest reserve attestation. According to confirmations from third-party groups including Chainlink and Llama Risk, USDe remains overcollateralized by more than $60 million, with a collateral ratio above 101%. The update was presented as an early disclosure rather than part of the normal weekly schedule. No additional details about the market events were disclosed in the source material, but Ethena framed the release as a response to recent conditions. The statement centers on the latest reserve verification and the current collateral position of USDe.
Ethena said reserve attestations for USDe are typically provided on a weekly basis by independent third parties including Chainlink and Llama Risk.
After market events over the past several hours, Ethena released its latest reserve attestation ahead of schedule.
Third-party groups including Chainlink and Llama Risk confirmed that USDe is overcollateralized by more than $60 million, with a collateral ratio above 101%.
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