Ethena has increased their equity and RWA basis allocation from $20m to $50m over the past week. Their analytics page display which equities they are allocated to (CRCL, GOOGL, INTC, MSTR etc see image below). Over the past month, the average funding on these all exceed both the BTC and ETH funding on Binance during this period and several also on a 3 month horizon (see table below). It's still just ~1% of the USDe backing but I expect this to continue trending up over time. ENA USDE