BTC: $79,624 ▼ 0.4%ETH: $2,306 ▼ 0.4%Market Cap: $2.67T ▼ 0.2%24h Vol: $64.15BDominance: BTC 60.0% ETH 10.6%
Ethena USDe

Ethena USDe

USDE#19
$0.999418-0.01%
$0.999258
$0.99964124h Range
Loading chart…
1h24h7d30d1y
+0.00%-0.01%-0.02%-0.03%+0.04%

About Ethena USDe

Ethena USDe (USDe) is a cryptocurrency and operates on the Ethereum platform. Ethena USDe has a current supply of 4,590,494,684.73294671. The last known price of Ethena USDe is 0.99937499 USD and is down -0.02 over the last 24 hours. It is currently trading on 338 active market(s) with $33,239,999.79 traded over the last 24 hours. More information can be found at https://www.ethena.fi/.

Where to buy Ethena USDe — USDE markets

ExchangePairPriceVolume (24h)Trust
BybitUSDE/USDT$1.00$2.95Mgreen
BybitBTC/USDE$1.00$831.02Kgreen
BinanceUSDE/USDT$0.999969$704.32Kgreen
LBankETH/USDE$1.00$676.3Kgreen
LBankBTC/USDE$1.00$674.85Kgreen
LBankUSDE/USDT$0.999969$634.75Kgreen
MEXCUSDE/USDT$1.00$378.83Kgreen
WEEXUSDE/USDT$1.00$344.19Kgreen
BinanceUSDE/USDC$0.99897$344.09Kgreen
BybitUSDE/USDC$0.99917$326.35Kgreen
Biconomy.comUSDE/USDT$0.999969$241.36Kgreen
ToobitUSDE/USDT$1.00$117.62Kgreen
BitrueUSDE/USDT$1.00$106.51Kgreen
Biconomy.comUSDE/USDC$0.99887$92.74Kgreen
BitunixUSDE/USDT$0.999969$88.42Kgreen
BitKanUSDE/USDT$0.999969$82.19Kgreen
XT.COMUSDE/USDT$0.999969$70.47Kgreen
XT.COMUSDE/USDC$0.99897$68.81Kgreen
MEXCBTC/USDE$1.00$56.13Kgreen
MEXCKAS/USDE$1.00$55.42Kgreen

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$1.0002$0.997556$0.999418+0.12%
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 →

Ethena USDe News

Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion - ad-hoc-news.de

Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion ad-hoc-news.de

ad-hoc-news.de·1h ago

Ethena USDe Launches Strong $5M Plan For X Layer Growth - TronWeekly

Ethena USDe Launches Strong $5M Plan For X Layer Growth TronWeekly

TronWeekly·11h ago

Ethena (ENA) Rose 9% This Week as Ethereum Fell 4%. Can It Keep Outrunning ETH? - 24/7 Wall St.

Ethena (ENA) Rose 9% This Week as Ethereum Fell 4%. Can It Keep Outrunning ETH? 24/7 Wall St.

24/7 Wall St.·12h ago

Aave sets 5 million USD liquidity condition: What it means for the Ethena USDe price - ad-hoc-news.de

Aave sets 5 million USD liquidity condition: What it means for the Ethena USDe price ad-hoc-news.de

ad-hoc-news.de·13h ago

Ethena USDe price stands at 1.000 USD on October 26, 2026 as supply reaches 4.95 billion - ad-hoc-news.de

Ethena USDe price stands at 1.000 USD on October 26, 2026 as supply reaches 4.95 billion ad-hoc-news.de

ad-hoc-news.de·19h ago

Ethena USDe Price (USDE INR) - LatestLY

Ethena USDe Price (USDE INR) LatestLY

LatestLY·1d ago

USDe launches on X Layer on October 23, 2026: What it means for the Ethena USDe price - ad-hoc-news.de

USDe launches on X Layer on October 23, 2026: What it means for the Ethena USDe price ad-hoc-news.de

ad-hoc-news.de·2d ago

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

Binance·2d ago

Ethena Expands USDe To X Layer As ENA Price Eyes Bullish Reversal - TronWeekly

Ethena Expands USDe To X Layer As ENA Price Eyes Bullish Reversal TronWeekly

TronWeekly·3d ago

USDe launches on X Layer on October 23, 2026: What it means for Ethena USDe price - ad-hoc-news.de

USDe launches on X Layer on October 23, 2026: What it means for Ethena USDe price ad-hoc-news.de

ad-hoc-news.de·3d 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 4,590,494,684. 73294671.

What is the current price of Ethena USDe?

Ethena USDe is currently priced at $0.9994, down 0.01% in the last 24 hours. It is ranked #19 by market capitalization. Over the past 7 days, USDE is down 0.02%.

What is Ethena USDe's market cap?

Ethena USDe has a market capitalization of $4.58B. The 24-hour trading volume is $30.06M, reflecting the total value of USDE traded across all exchanges in the last day.