TVL
$1.1B
Price
$1.00
APY
---
Holders
---
Total Supply
1,077,338,436
Asset Details
Jurisdiction
BVI
Custodian Type
qualified
Redemption Timing
t+0
Audited
Yes
Redeemable
Yes
Transferable
Yes
Accredited Only
No
Description
Treasury-backed stablecoin backed by 90% BlackRock BUIDL and 10% stablecoins
DeFi Opportunities
| Protocol | Type | APY | TVL | |
|---|---|---|---|---|
| STEAKUSDTBETHENA morpho-blue | Lending | 4.88% | $105.2M | |
| USDTB aave-v3 | Lending | 5.78% | $38.9M | |
| USDC-USDTB curve-dex | LP | 0.08% | $20.0M | |
| USDTB fluid-lending | Lending | 4.78% | $2.1M | |
| USDE-USDTB fluid-dex | LP | 0.50% | $1.8M | |
| USDTB euler-v2 | Lending | 5.93% | $148.6K |
About Ethena USDtb
Ethena USDtb (USDtb) is a tokenized treasuries asset issued by Ethena Labs. The asset currently has $1.1B in total value locked across all chain deployments. Access requires KYC verification, making it suitable for regulated institutional investors.
Tokenized treasuries represent US government debt instruments brought on-chain, offering low-risk yield backed by sovereign credit.
Yield Opportunities
6 DeFi yield pools available for Ethena USDtb. Compare APY rates, TVL, and risk profiles across protocols to find the best earning strategy.
Explore USDtb yield poolsSimilar Treasuries Assets
aDAI Aave DAI 
BUIDL BlackRock USD Institutional Digital Liquidity Fund BEL
BELIF Bosera Digital Liquidity Income Fund Ethena USDtb (USDtb) is a tokenized treasuries asset issued by Ethena Labs. The asset currently holds $1.1B in total value locked. This asset requires KYC verification for participation.