Real-time Risk Monitor for Ethena USDe Stablecoin Now Live

• BitMEX founder Arthur Hayes has unveiled a risk radar chart for Ethena’s USDe.
• It covers crucial metrics such as USDe Peg Monitor, sUSDe price performance, and USDe DEX liquidity.
• This effort comes amid increased scrutiny of USDe sustainability, as Ethena offers a 37% yield for stakers.

Arthur Hayes, the founder of the BitMEX exchange, recently presented a risk radar chart for Ethena Labs’ USDe stablecoin with on-chain provided by intelligence platform IntoTheBlock. In a recent post on X, Colin Wu’s team called attention to this development.

Arthur Hayes shared the Ethena on-chain risk radar chart produced by intotheblock, including USDe Peg Monitor, sUSDe Price Performance, USDe DEX Liquidity, USDe Price Deviation By Protocol/Pool, Volatility Distribution, Curve Pool Asset Distribution, DEX Exit Fee Simulation, DEX…

— Wu Blockchain (@WuBlockchain) April 13, 2024

The comprehensive chart offers a multifaceted view of USDe stability and performance. It covers crucial metrics such as USDe Peg Monitor, sUSDe Price Performance, and USDe DEX Liquidity.

The radar chart also features analyses of USDe price deviation by protocol or pool, volatility dist…

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