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Newswire > Chaos Labs debates USDe risks as Pendle looping trade swells Ethena’s Aave footprint to $6.6 billion
Chaos Labs debates USDe risks as Pendle looping trade swells Ethena’s Aave footprint to $6.6 billion
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Chaos Labs debates USDe risks as Pendle looping trade swells Ethena’s Aave footprint to $6.6 billion

DATE POSTED:August 18, 2025
The Block
Original article

Ethena’s USDe boom is increasingly routed through Aave, but risk teams say popular Pendle–Aave loop scales yield and concentrates risk.

The Block
Original article
Newswire > Chaos Labs debates USDe risks as Pendle looping trade swells Ethena’s Aave footprint to $6.6 billion

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