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Ethena Labs: Liquid Leverage has attracted over $1.5 billion in funds since its launch last week.
On August 7, Ethena Labs officially announced on social media that since its launch last week, the Liquid Leverage product has attracted over $1.5 billion in inflows. Aave has now increased the deposit limits for sUSDe and USDe: the sUSDe limit has been raised to approximately $350 million, and the USDe limit has been raised to approximately $300 million. It is expected that the adjustment plan for the USDe September limit will be announced within the next 36 hours. The increase in Aave limits allows more users to utilize Liquid Leverage — a newly launched integrated feature by Ethena that enables users to gain leveraged exposure to sUSDe interest rates while maintaining better liquidity for their overall position by holding USDe (without cooldown period restrictions).