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Ethena: The earnings paid to sUSDe last week were 1.4 million US dollars, with an additional income of about 3 million US dollars

Ethena: The earnings paid to sUSDe last week were 1.4 million US dollars, with an additional income of about 3 million US dollars

2024/04/15 04:30

In response to some data websites reporting that Ethena had negative earnings last week, the official Ethena announced on April 14th that it paid $1.4 million in revenue to sUSDe this week; Ethena's additional income for this week was about $3 million. This income is usually transferred into the insurance fund wallet (0x2b...d4d5) at the end of each week, but due to a delay in transferring into contracts this week, there were calculation discrepancies on related data websites. It is expected to be transferred tomorrow. Currently, the Ethena team is also communicating with data sites like DeFiLlama to correct this discrepancy.

Data from DefiLlama shows that stablecoin protocol Ethena had negative income for the first time in the past week, amounting to $1.05 million. The negative income mainly occurred on April 11th when it generated a loss of $1.38 million.

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