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CryptoNewsEthena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash
Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash
Crypto

Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash

•November 3, 2025
0
The Defiant
The Defiant•Nov 3, 2025

Why It Matters

The episode underscores the systemic risk posed by synthetic stablecoins that depend on centralized pricing feeds and high leverage, potentially eroding investor confidence and liquidity across the broader crypto market.

Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash

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