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$USDE

Grayscale adds Ethena (ENA) to its DeFi Fund in May 2026. The circulating supply of USDe maintains stability around $4 to $6 billion. Opening of the redemption portal (claim) for Ethena's Season 5 airdrop. Integration of the USDM stablecoin (native to MegaETH) in partnership with Ethena. USDe deposits surge in protocols such as Aave following new implementations. USDe reserve diversification now includes collateral beyond traditional crypto assets. Analysts predict upside potential for the governance token ENA in 2026 cycles.

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