Ethena: The root cause analysis of the rsETH incident has not yet been received, and the temporary suspension period of the OFT bridge will be extended

By: rootdata|2026/04/20 03:42:01

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Ethena stated that it has not yet received a satisfactory root cause analysis of the rsETH incident and will extend the temporary suspension period of the OFT bridge. While this may be frustrating, it is a prudent measure to ensure the safe cross-chain transfer of user assets.

Ethena has released a new proof of reserves, verified by independent third-party verification agencies (Chainlink, Chaos Labs, LlamaRisk, and Harris & Trotter), confirming that the collateral support ratio for USDe remains above 100%.

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