Ethena USDe
USDE#21| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.00% | +0.02% | -0.01% | +0.03% | -0.08% |
About Ethena USDe
Ethena USDe Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Uniswap V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.9996 | $33.67M | red |
| Ekubo V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999753 | $21.22M | red |
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999781 | $18.85M | red |
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999856 | $14.45M | red |
| Curve (Ethereum) | 0XDAC17F958D2EE523A2206206994597C13D831EC7/0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3 | $0.999754 | $3.48M | red |
| Bybit | USDE/USDT | $0.999854 | $3.48M | green |
| Fluid (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999953 | $3.46M | red |
| Curve (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999761 | $3.2M | red |
| Uniswap V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999788 | $1.94M | red |
| Bybit | USDE/USDC | $0.999654 | $1.42M | green |
| Orca | 2U1TSZSEQZ3QBWF3UNGPFC8TZMK2TDIWKNNRMWGWJGWH/DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT | $0.999754 | $1.17M | red |
| Phemex | USDE/USDT | $0.999654 | $1.05M | green |
| Hyperliquid | USDE/USDC | $0.999254 | $958.49K | red |
| Binance | USDE/USDT | $0.999754 | $794.49K | green |
| Hyperliquid | HYPE/USDE | $0.999754 | $783.59K | red |
| Manifest | DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $0.999596 | $724.4K | red |
| LBank | ETH/USDE | $0.999754 | $684.69K | green |
| MEXC | USDE/USDT | $0.999754 | $600.79K | green |
| Deribit Spot | BTC/USDE | $0.999754 | $579.6K | green |
| Binance | USDE/USDC | $0.999554 | $575.39K | green |
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 | $0.999976 | +0.18% |
| 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 and FalconX Opened a $1 Billion Warehouse for USDe-Backed Institutional Loans: - HedgeCo.Net
Ethena and FalconX Opened a $1 Billion Warehouse for USDe-Backed Institutional Loans: HedgeCo.Net
Ethena surges as buyback vote, VC unlock overhaul boost token outlook - CoinDesk
Ethena surges as buyback vote, VC unlock overhaul boost token outlook CoinDesk
Top Altcoins Turning Heads as Crypto Rally Broadens - TradingView
Top Altcoins Turning Heads as Crypto Rally Broadens TradingView
Ethena Price Prediction September 2026: ENA Eyes $0.50 - Coin Gabbar
Ethena Price Prediction September 2026: ENA Eyes $0.50 Coin Gabbar
Synthetic Dollars vs Tokenized Dollars: The Technical Difference Explained - FinanceFeeds
Synthetic Dollars vs Tokenized Dollars: The Technical Difference Explained FinanceFeeds
Nasdaq-listed crypto treasury avoids cash drain by pushing millions in defaulted SPAC debt onto future equity - CryptoRank
Nasdaq-listed crypto treasury avoids cash drain by pushing millions in defaulted SPAC debt onto future equity CryptoRank
Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus - CryptoRank
Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus CryptoRank
Ceffu’s $120M Ethena move raises fresh USDe questions - Cryptopolitan
Ceffu’s $120M Ethena move raises fresh USDe questions Cryptopolitan
Ethena Price Prediction 2026–2030: Is ENA Ready for a $1 Rally? - Bitcoin Foundation
Ethena Price Prediction 2026–2030: Is ENA Ready for a $1 Rally? Bitcoin Foundation
What Is a Stablecoin? The Answer Has Become Surprisingly Complex - CoinMarketCap
What Is a Stablecoin? The Answer Has Become Surprisingly Complex CoinMarketCap
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 4,043,880,233. 05919019.
What is the current price of Ethena USDe?
Ethena USDe is currently priced at $1.000, up 0.02% in the last 24 hours. It is ranked #21 by market capitalization. Over the past 7 days, USDE is down 0.01%.
What is Ethena USDe's market cap?
Ethena USDe has a market capitalization of $4.04B. The 24-hour trading volume is $41.32M, reflecting the total value of USDE traded across all exchanges in the last day.
