Ethena USDe
USDE#20| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.01% | -0.03% | -0.03% | -0.02% | -0.13% |
About Ethena USDe
Ethena USDe Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $1.00 | $7.53M | red |
| Ekubo V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $1.00 | $4.21M | red |
| Orca | 2U1TSZSEQZ3QBWF3UNGPFC8TZMK2TDIWKNNRMWGWJGWH/DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT | $1.00 | $3.05M | red |
| Bybit | USDE/USDT | $0.999988 | $2.58M | green |
| Curve (Ethereum) | 0XDAC17F958D2EE523A2206206994597C13D831EC7/0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3 | $1.00 | $1.99M | red |
| Bybit | USDE/USDC | $1.00 | $1.86M | green |
| MEXC | USDE/USDT | $1.00 | $1.8M | green |
| Orca | DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/2B1KV6DKPANXD5IXFNXCPJXMKWQJJAYMCZFHSFU24GXO | $0.999996 | $1.77M | red |
| WEEX | USDE/USDT | $1.00 | $1.64M | green |
| Uniswap V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $1.00 | $912.24K | red |
| Phemex | USDE/USDT | $1.00 | $803.88K | green |
| LBank | BTC/USDE | $1.00 | $719.44K | green |
| Toobit | USDE/USDT | $1.00 | $706.01K | green |
| LBank | ETH/USDE | $1.00 | $670.14K | green |
| Manifest | DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.00 | $561.96K | red |
| Binance | USDE/USDC | $1.00 | $545.13K | green |
| Binance | USDE/USDT | $1.00 | $510.79K | green |
| LBank | USDE/USDT | $1.00 | $359.98K | green |
| ZeroFi | DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.00 | $318.14K | red |
| ZeroFi | 2U1TSZSEQZ3QBWF3UNGPFC8TZMK2TDIWKNNRMWGWJGWH/DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT | $1.00 | $300.28K | red |
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.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.998185 | $1.0003 | $0.997556 | $0.999436 | +0.13% |
| 2025 | $0.997724 | $1.0016 | $0.997211 | $0.998387 | +0.07% |
| 2024 | $0.9995 | $1.0026 | $0.996994 | $0.996994 | -0.25% |
Analysis
No analysis available for Ethena USDe yet.
Ethena USDe News
Ethena Launches Ethena Pay Beta On Avalanche With USDe Payments In 48 Countries: how 10 outlets framed it - NewsCord
Ethena Launches Ethena Pay Beta On Avalanche With USDe Payments In 48 Countries: how 10 outlets framed it NewsCord
Ethena launches USDe payments app, offers 6% rewards - TradingView
Ethena launches USDe payments app, offers 6% rewards TradingView
Ethena Enters Crypto Neobanking With New App, Takes USDe Beyond DeFi - coingape.com
Ethena Enters Crypto Neobanking With New App, Takes USDe Beyond DeFi coingape.com
Ethena launches Ethena Pay app on Avalanche, offering up to 6% yield and 10% cashback - The Block
Ethena launches Ethena Pay app on Avalanche, offering up to 6% yield and 10% cashback The Block
Ethena Fee Switch: When the ENA Buyback Actually Starts - CryptoTicker
Ethena Fee Switch: When the ENA Buyback Actually Starts CryptoTicker
How far can USDe’s yield scale as Ethena targets RWA perps? Examining… - AMBCrypto
How far can USDe’s yield scale as Ethena targets RWA perps? Examining… AMBCrypto
Ethena’s USDe Surpasses $320 Million on Robinhood Chain in Eight Weeks - Hokanews
Ethena’s USDe Surpasses $320 Million on Robinhood Chain in Eight Weeks Hokanews
Ethena Foundation Proposes Using 95% of Protocol Revenue for ENA Buybacks - Hokanews
Ethena Foundation Proposes Using 95% of Protocol Revenue for ENA Buybacks Hokanews
Ethena USDe Price Today in India | USDE to INR Live Price & Chart - Binance
Ethena USDe Price Today in India | USDE to INR Live Price & Chart Binance
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin - CryptoSlate
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin CryptoSlate
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 4,219,590,092. 85549409.
What is the current price of Ethena USDe?
Ethena USDe is currently priced at $0.9994, down 0.03% in the last 24 hours. It is ranked #20 by market capitalization. Over the past 7 days, USDE is down 0.03%.
What is Ethena USDe's market cap?
Ethena USDe has a market capitalization of $4.22B. The 24-hour trading volume is $67.10M, reflecting the total value of USDE traded across all exchanges in the last day.
