Ethena USDtb
Track Your DeFi Wallet
Import your wallet to see all positions across 50+ chains
Protocol TVL
About Ethena USDtb
USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Ethena USDtb codebase lineage and protocol family
Ethena USDtb is published as a versioned release inside the Ethena protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Parent Protocol
Ethena USDtb is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
EthenaEthena USDtb Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Dec 16, 2024Listed on DeFiLlama
Protocol Profile
Ethena USDtb operates in the RWA category of DeFi. It is deployed on Ethereum. No public audit reports are listed on DeFiLlama for this protocol.
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Ethena USDtb is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.
Official Resources & Links
Verified external resources for Ethena USDtb — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other RWA protocols on Mantapex
Ethena USDtb is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure $14.3B in deposits, giving you a frame of reference for whether Ethena USDtb's own TVL is at the top, middle, or tail of the category.
Recent Ethena USDtb news
Latest reporting from major crypto news outlets covering Ethena USDtb.
- Cryptopolitan
Maker RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance TVL surpasses $4 billion
According to the decentralized total value locked (TVL) aggregator DefiLlama, the total Real World Tokenization (RWA) market has reached $10.2 billion in assets locked. Among the…
- Cryptopolitan
Ethena Labs' USDtb debuts in the U.S. via Anchorage Digital's new stablecoin platform
Anchorage Digital has launched a stablecoin issuance platform and named Ethena Labs as its first partner, according to a statement published via Business Wire on Thursday. Under…
- Crypto news
Ethena's USDtb enters top 10 stablecoins by market cap amid March stablecoin shakeup: report
The stablecoin market has seen major shifts in March, with Ethena's USDtb breaking into the top 10 stablecoins by market cap, Tether losing 61% of market dominance, and EURC's…
- Coinspeaker
Ethena's USDtb Stablecoin TVL Shoots $65 Million on First Day of Launch
Ethena Labs launched its USDtb stablecoin, backed by BlackRock's USD Institutional Digital Liquidity Fund while clocking $65 million in total-value-locked (TVL) on the first day.
- CoinMarketCap
Ethena Launches USDtb Stablecoin Backed by BlackRock's $500M BUIDL Fund To Reduce USDe Risks
Ethena has launched its new stablecoin, USDtb, backed primarily by BlackRock's BUIDL fund.
- Coinpaper
Ethena Labs USDtb Stablecoin Launch Gains $65 Million on Day One
Ethena Labs has launched its BlackRock-backed USDtb stablecoin, attracting $65.4 million in total value locked within its first 24 hours.
- Cointelegraph
Optimism high for Ethena's USDtb stablecoin as it clocks $65M TVL on day 1
Ethena's USDtb has already amassed more than $65 million in total value locked on the opening day.
- Coincu
Ethena Launches USDtb Stablecoin with Strong Backing from BlackRock's BUIDL
Ethena introduces the USDtb stablecoin, backed by BlackRock's US Dollar Institutional Digital Liquidity Fund.
Related protocols
Other DeFi protocols connected to Ethena USDtb by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other RWA protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
Your Crypto Portfolio — Free Forever
Paste any wallet to see tokens, DeFi & NFTs across 50+ chains. Add exchanges, Polymarket & Kalshi anytime — all in one portfolio.