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Newswire > Ethena Labs Addresses $1.2 Billion USDe Exposure to Bybit, Confirms Off-Exchange Custody with Copper Clearloop and Less Than $30 Million at Risk
Ethena Labs Addresses $1.2 Billion USDe Exposure to Bybit, Confirms Off-Exchange Custody with Copper Clearloop and Less Than $30 Million at Risk
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Ethena Labs Addresses $1.2 Billion USDe Exposure to Bybit, Confirms Off-Exchange Custody with Copper Clearloop and Less Than $30 Million at Risk

DATE POSTED:February 21, 2025
The Defiant – DeFi News
Original article
Concerns have arisen regarding Ethena Labs' USDe, particularly about the exposure of approximately $1.2 billion in funds to the cryptocurrency exchange Bybit.
The Defiant – DeFi News
Original article
Newswire > Ethena Labs Addresses $1.2 Billion USDe Exposure to Bybit, Confirms Off-Exchange Custody with Copper Clearloop and Less Than $30 Million at Risk

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