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Home News Ethena Labs’ PT for USDe and sUSDe is now live on Aave Plasma

Ethena Labs' PT for USDe and sUSDe is now live on Aave Plasma

Ethena Labs’ PT for USDe and sUSDe is now live on Aave Plasma

BlockBeats News, October 20th, Ethena Labs officially announced on social media that the PT tokens for USDe and sUSDe have been listed on the Aave Plasma platform, with a supply cap of 2 billion dollars for each token. With USDT borrowing rates remaining at around 4%, Plasma has now become the premier on-chain venue for users to access leveraged PT positions through Aave. Multiple rounds of cap increases are expected in the near future.

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