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Ethena has launched multiple updates, Aave integrates the USDe series assets to nearly Full Position.
PANews May 13 news, according to Ethena Labs, USDe has enabled E-Mode on Aave, with a maximum LTV of 90%. The global lending limit has been completely removed, and the supply cap for USDe has been raised to approximately $1 billion, with a current remaining space of $500 million. The cap for sUSDe has returned to $1.5 billion, with $400 million currently available; PT products increased to $550 million and $340 million in May and July respectively, with new PT launching next week. USDe's peg to USDT price source reduces liquidation risk, with the current sUSDe Annual Percentage Rate at about 8%, and PT yield reaching 10%+, while the borrowing interest rate remains at around 5%.