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Ethena Labs
Stablecoinsmedium risk Audited Ethena Labs is a protocol offering 1 tokenized real-world asset product across 1 category with a total value locked of $5200M.
Tokenomics Score
Grade B · 73/100
- Name
- Ethena Labs
- Risk Level
- medium risk
- Audit Status
- audited (Code4rena)
- Categories
- Stablecoins
- Chains
- arbitrum, base, ethereum
- Products
- 1
- Total TVL
- $5.20B
Products by Ethena Labs
| Asset | Ticker | APY | TVL | Risk | Grade | Category |
|---|
US Ethena USDe | $USDe | 12.50% | $5.20B | medium risk | B | Stablecoins |
Frequently Asked Questions
What is Ethena Labs?
Ethena Labs is a protocol offering 1 tokenized real-world asset product across 1 category with a total value locked of $5200M.
How many products does Ethena Labs offer?
Ethena Labs currently offers 1 tokenized RWA product with a combined total value locked of $5.20B.
What chains does Ethena Labs support?
Ethena Labs is available on Arbitrum, Base, Ethereum. Each chain may have different liquidity and gas costs.
Is Ethena Labs safe?
Ethena Labs has a medium risk rating and a tokenomics grade of B. It is audited by Code4rena. Always do your own research before investing.
What yields does Ethena Labs offer?
Ethena Labs's products offer an average APY of 12.50%. Individual product yields vary — check each product page for current rates.
Last updated: Mar 28, 2026, 9:29 AM