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Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Ethena's USDe peaked at $14.82B in October 2025 and sits near $3.96B today. Every other two-tier synthetic dollar on the chart runs at a fraction of that. Later entrants reach their peak in about 135 days at the median, against 313 days for the 2023 and 2024 cohort.
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AI visual note: The chart shows the supply/TVL of various two-tier stablecoins since inception, with Ethena (dark blue) dominating the field by peaking at roughly $14.82B around October 2025 before declining to ~$4B, while all other tracked tokens (Aster, Cap, Falcon, Neutrl, USD.AI, Saturn, Resolv, Solstice, and Torri) remain clustered well below $2B. The visualization reinforces the post's claim that Ethena's USDe vastly outperforms later entrants, which appear to top out at small fractions of its peak.