Ethena USDe
USDE#20| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.00% | +0.01% | +0.01% | +0.13% | -0.11% |
About Ethena USDe
Ethena USDe Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999969 | $13.73M | red |
| Ekubo V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999395 | $9.42M | red |
| Bybit | USDE/USDT | $1.00 | $8.4M | green |
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999452 | $8.06M | red |
| Uniswap V3 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999536 | $2.98M | red |
| MEXC | USDE/USDT | $1.00 | $1.57M | green |
| WEEX | USDE/USDT | $1.00 | $1.42M | green |
| Fluid (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999977 | $1.21M | red |
| Phemex | USDE/USDT | $0.999795 | $954.61K | green |
| Fluid (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XC139190F447E929F090EDEB554D95ABB8B18AC1C | $0.999809 | $678.63K | red |
| LBank | BTC/USDE | $0.999977 | $649.28K | green |
| Uniswap V4 (Monad) | 0X5D3A1FF2B6BAB83B63CD9AD0787074081A52EF34/0XE7CD86E13AC4309349F30B3435A9D337750FC82D | $1.00 | $449.98K | red |
| Binance | USDE/USDT | $0.999995 | $359.58K | green |
| LBank | USDE/USDT | $0.999895 | $348.5K | green |
| Bybit | USDE/USDC | $0.999495 | $263.84K | green |
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XDAC17F958D2EE523A2206206994597C13D831EC7 | $0.999975 | $256.5K | red |
| Toobit | USDE/USDT | $0.999995 | $234.33K | green |
| Curve (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999389 | $195.17K | red |
| ZeroFi | DEKQHYPN7GMRJ5CARTQFAWEFQBZB33HYF6S5ICWJEONT/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $0.999464 | $188.87K | red |
| Bitrue | USDE/USDT | $0.999995 | $175.14K | 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 | $0.999871 | +0.17% |
| 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 USDe Holders And Distribution Chart - CryptoRank
Ethena USDe Holders And Distribution Chart CryptoRank
Best Stablecoins August 2026: Key Signals to Watch - Coin Gabbar
Best Stablecoins August 2026: Key Signals to Watch Coin Gabbar
ENA Price Eyes $0.23 After 15% Rally Amid Ethena Ecosystem Growth - tronweekly.com
ENA Price Eyes $0.23 After 15% Rally Amid Ethena Ecosystem Growth tronweekly.com
Meridian Airdrop Guide: How to Earn Meridian Points Before the Token Launch - UseTheBitcoin
Meridian Airdrop Guide: How to Earn Meridian Points Before the Token Launch UseTheBitcoin
Best Bitcoin Dice Sites in 2026 [Reviews & Bonuses] - CryptoManiaks
Best Bitcoin Dice Sites in 2026 [Reviews & Bonuses] CryptoManiaks
Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra - Cryptonews.net
Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra Cryptonews.net
After three consecutive quarters of decline, the crypto market is experiencing the longest downturn since 2022. - 深潮TechFlow
After three consecutive quarters of decline, the crypto market is experiencing the longest downturn since 2022. 深潮TechFlow
Spark Puts $150 Million Into Uniswap v4 as Institutional Lending Hits $260 Million - The Currency analytics
Spark Puts $150 Million Into Uniswap v4 as Institutional Lending Hits $260 Million The Currency analytics
A massive stablecoin fragmentation war is brewing between tech giants and a startup is aiming to capitalize on it - CoinDesk
A massive stablecoin fragmentation war is brewing between tech giants and a startup is aiming to capitalize on it CoinDesk
Top 5 Altcoins to Buy in August 2026: Opportunities in Market Consolidation - CryptoTicker
Top 5 Altcoins to Buy in August 2026: Opportunities in Market Consolidation CryptoTicker
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 3,891,030,854. 30882095.
What is the current price of Ethena USDe?
Ethena USDe is currently priced at $0.9999, up 0.01% in the last 24 hours. It is ranked #20 by market capitalization. Over the past 7 days, USDE is up 0.01%.
What is Ethena USDe's market cap?
Ethena USDe has a market capitalization of $3.89B. The 24-hour trading volume is $42.67M, reflecting the total value of USDE traded across all exchanges in the last day.
