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$USDC

Cooling Down

Snapshot Window: 2026-10-01 01:40 UTC · ← Back to Crypto Overview

Tracked Posts
1
Total Impressions
520
Total Likes
44
Retweets & Quotes
2
Comments
22

Social Momentum Summary

Total Engagement - Comments: 22, Retweets: 2, Likes: 44, Impressions: 520

Verbatim Community Citations & Social Evidence 1 source posts analyzed

@MaticoYTB

The Ethena buyback has been approved and almost no one did the math. Today it buys zero Ethereum: 0x57e114b691db790c35207b2e685d4a43181e6061 USDe has a $4.9B market cap. The mechanism only kicks in at $7.5B. At 15B, which the protocol already hit in the last cycle, it will

The image shows a table with four scenarios for Ethena's USDe market cap (US$ 7.5B, 10B, 15B, and 20B), detailing the corresponding annual buyback amounts in US$, ENA tokens, and the percentages of circulating supply and maximum supply that would be repurchased. The post notes that the buyback mechanism only activates at a US$ 7.5B market cap (currently US$ 4.9B) and that at US$ 15B—previously reached in the last cycle—the buyback would amount to 135M US$/year (500M ENA), about 5% of circulating supply.

AI visual note: The image shows a table with four scenarios for Ethena's USDe market cap (US$ 7.5B, 10B, 15B, and 20B), detailing the corresponding annual buyback amounts in US$, ENA tokens, and the percentages of circulating supply and maximum supply that would be repurchased. The post notes that the buyback mechanism only activates at a US$ 7.5B market cap (currently US$ 4.9B) and that at US$ 15B—previously reached in the last cycle—the buyback would amount to 135M US$/year (500M ENA), about 5% of circulating supply.

❤️ 26 likes · 🔁 1 retweets · 💬 3 comments 👁️ 1.2K views

Contributing Voices for $USDC

@denko0x

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