TechFlow news: Ethena Labs has officially released its May attestation report to enhance project transparency. The data shows that, as of 10:00 AM UTC on May 24:
- USDe supply: $2.673 billion
- Custodied backing assets: $2.677 billion
- Reserve fund: $42.3 million
- Total protocol assets represent 101.74% of the USDe supply
In addition, security firm Immunefi hosts a bug bounty program for Ethena, offering rewards up to $3 million—equivalent to 10% of the directly affected funds—for discovering critical vulnerabilities in Ethena's smart contracts.




