BTC: $78,343 1.3%ETH: $2,473 0.7%Market Cap: $2.67T 1.0%24h Vol: $78.82BDominance: BTC 58.9% ETH 11.3%
Ethena USDe

Ethena USDe

USDE#19
$0.99984+0.01%
$0.999643
$0.99988124h Range
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1h24h7d30d1y
+0.00%+0.01%+0.02%+0.01%-0.08%

About Ethena USDe

Ethena USDe (USDe) is a cryptocurrency and operates on the Ethereum platform. Ethena USDe has a current supply of 4,389,011,869.85317038. The last known price of Ethena USDe is 0.99964968 USD and is down -0.01 over the last 24 hours. It is currently trading on 334 active market(s) with $42,218,545.53 traded over the last 24 hours. More information can be found at https://www.ethena.fi/.

Where to buy Ethena USDeUSDE markets

ExchangePairPriceVolume (24h)Trust
Uniswap V4 (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48$1.00$5.66Mred
Curve (Ethereum)0XDAC17F958D2EE523A2206206994597C13D831EC7/0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3$0.999778$4.58Mred
Ekubo V3 (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48$1.00$4.06Mred
BybitUSDE/USDT$0.999778$2.28Mgreen
Orca2U1TSZSEQZ3QBWF3UNGPFC8TZMK2TDIWKNNRMWGWJGWH/DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT$0.999778$1.55Mred
Uniswap V3 (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48$0.999938$1.47Mred
Uniswap V4 (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7$0.999943$864.38Kred
OrcaDEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/2B1KV6DKPANXD5IXFNXCPJXMKWQJJAYMCZFHSFU24GXO$0.99962$773.64Kred
ToobitUSDE/USDT$0.999778$711.81Kgreen
LBankBTC/USDE$0.999778$693.68Kgreen
LBankETH/USDE$0.999778$688.12Kgreen
PhemexUSDE/USDT$0.999878$680.06Kgreen
Fluid (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7$0.999791$616.05Kred
BinanceUSDE/USDT$0.999878$611.75Kgreen
Uniswap V3 (Ethereum)0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7$0.999772$553.14Kred
LBankUSDE/USDT$0.999778$359.57Kgreen
Uniswap V4 (Robinhood)0X5D3A1FF2B6BAB83B63CD9AD0787074081A52EF34/0X5FC5360D0400A0FD4F2AF552ADD042D716F1D168$0.999993$274.33Kred
Ramses V3 (Robinhood)0X5D3A1FF2B6BAB83B63CD9AD0787074081A52EF34/0X5FC5360D0400A0FD4F2AF552ADD042D716F1D168$0.999922$254.75Kred
MEXCUSDE/USDT$0.999878$248.4Kgreen
Orvex V40X5D3A1FF2B6BAB83B63CD9AD0787074081A52EF34/0X5FC5360D0400A0FD4F2AF552ADD042D716F1D168$0.999929$237.17Kred

Ethena USDe Price History

Ethena USDe (USDE) reached its all-time high of $1.034 on December 9, 2025, and trades 3.3% below that peak today. Its all-time low was $0.929486 on October 3, 2024, and the price has since risen 8% from that low.

YearOpenHighLowCloseChange
2026(YTD)$0.998185$1.0003$0.997556$0.99984+0.17%
2025$0.997724$1.0016$0.997211$0.998387+0.07%
2024$0.9995$1.0026$0.996994$0.996994-0.25%
Full Ethena USDe price history →

Analysis

No analysis available for Ethena USDe yet.

Ethena USDe News

Ethena USDe Price (USDE INR) - LatestLY

Ethena USDe Price (USDE INR) LatestLY

LatestLY·9h ago

Aave V4 Activates USDe Rewards in New Ethena Market - The Crypto Times

Aave V4 Activates USDe Rewards in New Ethena Market The Crypto Times

The Crypto Times·18h ago

Layer One: Inside Ethena's new neobank built exclusively on AVAX - theblock.co

Layer One: Inside Ethena's new neobank built exclusively on AVAX theblock.co

theblock.co·1d ago

Cryptocurrency prices in India today (07 Sep 2026) - LatestLY

Cryptocurrency prices in India today (07 Sep 2026) LatestLY

LatestLY·1d ago

USDC Drives $1 Billion Growth in Stablecoin Market in 2026 - Readers.id

USDC Drives $1 Billion Growth in Stablecoin Market in 2026 Readers.id

Readers.id·1d ago

ENA Unlock on October 5: What Ethena Is Actually Releasing All at Once - cryptoticker.io

ENA Unlock on October 5: What Ethena Is Actually Releasing All at Once cryptoticker.io

cryptoticker.io·1d ago

USDC Stablecoin Growth: Dominates On-Chain Volumes, +$1 Billion Market - weex.com

USDC Stablecoin Growth: Dominates On-Chain Volumes, +$1 Billion Market weex.com

weex.com·1d ago

USDC Stablecoin Growth Leads Market Expansion in 2026 - The Cryptonomist

USDC Stablecoin Growth Leads Market Expansion in 2026 The Cryptonomist

The Cryptonomist·1d ago

USDC leads stablecoin market cap growth, adding $584M in a week - Crypto Briefing

USDC leads stablecoin market cap growth, adding $584M in a week Crypto Briefing

Crypto Briefing·1d ago

Cryptocurrency prices in India on (05 Sep 2026) - LatestLY

Cryptocurrency prices in India on (05 Sep 2026) LatestLY

LatestLY·2d ago

Ethena USDe FAQ

What is Ethena USDe?

Ethena USDe (USDE) is a synthetic dollar stablecoin issued on Ethereum. It is designed to maintain a value near one US dollar through a delta-hedging strategy that offsets price risk in the underlying collateral. The project is part of the Ethena protocol, which also offers staked versions like sUSDe.

How does Ethena USDe work?

Ethena USDe (USDE) maintains its peg using delta-neutral positions. The protocol holds Ethereum and Bitcoin as collateral while simultaneously opening short perpetual futures positions to hedge price movements. This strategy aims to keep the value of USDe stable regardless of crypto market volatility. The system operates on Ethereum and is managed by the Ethena protocol.

What is the USDe token used for?

USDe, the Ethena USDe token, functions as a stablecoin for trading, payments, and as collateral in decentralized finance. Holders can also stake USDe to earn yield generated from the protocol's hedging activities, receiving sUSDe in return. Within the Ethena ecosystem, USDe serves as the primary unit of account and settlement asset.

How does Ethena USDe differ from other stablecoins?

Unlike fiat-backed stablecoins such as USDC or USDT, Ethena USDe (USDE) is a synthetic dollar backed by crypto assets and hedged with derivatives. It does not rely on traditional bank reserves. Instead, its stability comes from delta-hedging positions in perpetual futures, a design that aims to be more transparent and decentralized while generating yield for stakers.

What is Ethena USDe (USDE)?

Ethena USDe (USDe) is a cryptocurrency and operates on the Ethereum platform. Ethena USDe has a current supply of 4,389,011,869. 85317038.

What is the current price of Ethena USDe?

Ethena USDe is currently priced at $0.9998, up 0.01% in the last 24 hours. It is ranked #19 by market capitalization. Over the past 7 days, USDE is up 0.02%.

What is Ethena USDe's market cap?

Ethena USDe has a market capitalization of $4.40B. The 24-hour trading volume is $56.80M, reflecting the total value of USDE traded across all exchanges in the last day.