Ethena's $750M Mirage: Follow the Supply, Not the Rewards
Hook USDe supply peaked at $3.6B in March 2024. Today it sits at $2.8B. That'...
Layer2
•
KaiBear
•
2026-07-29
Market Prices
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$80,193.8 | +4.32% |
|
ETH
Ethereum
|
$2,494.77 | +2.32% |
|
SOL
Solana
|
$100.95 | +8.14% |
|
BNB
BNB Chain
|
$707.8 | +2.06% |
|
XRP
XRP Ledger
|
$1.49 | +2.64% |
|
DOGE
Dogecoin
|
$0.0914 | +1.24% |
|
ADA
Cardano
|
$0.2222 | +2.35% |
|
AVAX
Avalanche
|
$7.57 | +2.05% |
|
DOT
Polkadot
|
$0.9069 | +1.44% |
|
LINK
Chainlink
|
$11.65 | +2.50% |
Fear & Greed
74
Greed
Market Sentiment
Event Calendar
202630
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
18
03
unlock
Sui Token Unlock
Team and early investor shares released
12
05
halving
BCH Halving
Block reward halving event
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
Altseason Index
41
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Tag Hub
Market Cap
All →
1
Bitcoin
BTC
$80,193.8
1
Ethereum
ETH
$2,494.77
1
Solana
SOL
$100.95
1
BNB Chain
BNB
$707.8
1
XRP Ledger
XRP
$1.49
1
Dogecoin
DOGE
$0.0914
1
Cardano
ADA
$0.2222
1
Avalanche
AVAX
$7.57
1
Polkadot
DOT
$0.9069
1
Chainlink
LINK
$11.65
🐋 Whale Tracker
🟢
0xb4fc...5db7
1d ago
In
3,438 ETH
🔵
0x4ea8...d452
12m ago
Stake
4,786,321 USDC
🔴
0x6aaf...8021
2m ago
Out
3,826,717 USDT
💡 Smart Money
0x7483...a528
Top DeFi Miner
+$3.3M
94%
0x46ce...e3a0
Experienced On-chain Trader
+$4.8M
68%
0x621e...f47b
Market Maker
-$3.0M
71%
#funding rates
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