Tracking the yield-bearing stablecoin market size from the top 3 players (USDS, USDe, Aave Core USDC/T) with a new @Dune dashboard. All 3 are roughly the same size now with USDS increasing market share by 12% since the Oct 10th event. Aave: 9.5b (34.2%) USDS: 9.4b (33.7%) USDe: 8.9b (32%) It's clear the market is growing overall, and market share tends to grow proportionally between Sky and Aave. We will see where Ethena lands, but I'm expecting it to settle out around 6-7b once the Nov PT expires.(Sam MacPherson)