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USDe supply jumps $700M in September, ranking top collateral asset in Morpho's markets

Protocol Fundamentals
01 Oct 2026
Tokenpost
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Bullish
USDe supply jumps $700M in September, ranking top collateral asset in Morpho's markets

Ethena's USDe token supply increased by over $700 million in September, highlighting strong growth. USDe became one of the leading collateral assets on the Morpho protocol, ranking second overall and first among dollar-denominated assets. It supported two of Morpho's three main markets, indicating its growing importance in decentralized finance. This trend suggests increasing adoption and utility for USDe within the crypto lending ecosystem.

Ethena's USDe token supply rose by more than $700 million in September, showing significant growth in the crypto lending space. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 01, 2026 18:44 WIB: out of 50 major cryptocurrencies, 19 rose and 30 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, EOS (EOS.IO) at Rp12.649 with +8.13%, and FIL (Filecoin) at Rp18.112 with -5.38%, where Pluang order activity was 95% Sell and 5% Buy.

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