Ethena USDe
USDE#21| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +0.00% | +0.01% | +0.02% | -0.00% | -0.06% |
About Ethena USDe
Where to buy Ethena USDe — USDE markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Bybit | USDE/USDT | $0.999518 | $4.61M | green |
| MEXC | USDE/USDT | $0.999618 | $1.04M | green |
| WEEX | USDE/USDT | $0.999318 | $943.1K | green |
| Binance | USDE/USDT | $0.999318 | $806.55K | green |
| LBank | BTC/USDE | $0.999418 | $686K | green |
| LBank | ETH/USDE | $0.999418 | $662.46K | green |
| Bybit | USDE/USDC | $0.999118 | $402.36K | green |
| LBank | USDE/USDT | $0.999418 | $361.15K | green |
| Biconomy.com | USDE/USDT | $0.999318 | $210.69K | green |
| Binance | USDE/USDC | $0.999018 | $197.42K | green |
| Toobit | USDE/USDT | $0.999418 | $164.49K | green |
| Bitrue | USDE/USDT | $0.999518 | $147.83K | green |
| Biconomy.com | USDE/USDC | $0.999018 | $106.5K | green |
| Bitunix | USDE/USDT | $0.999418 | $98.55K | green |
| XT.COM | USDE/USDT | $0.999318 | $81.06K | green |
| BitKan | USDE/USDT | $0.999318 | $59.9K | green |
| MEXC | BTC/USDE | $0.999418 | $55.08K | green |
| MEXC | ENA/USDE | $0.999418 | $53.26K | green |
| Uniswap V4 (Ethereum) | 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.999205 | $9.6M | red |
| Curve (Ethereum) | 0XDAC17F958D2EE523A2206206994597C13D831EC7/0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3 | $0.999418 | $4.44M | 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 | $1.0002 | $0.997556 | $0.999559 | +0.14% |
| 2025 | $0.997724 | $1.0016 | $0.997211 | $0.998387 | +0.07% |
| 2024 | $0.9995 | $1.0026 | $0.996994 | $0.996994 | -0.25% |
Ethena USDe News
Looking for Upside? These Cryptocurrencies Have the Potential to Double in Value in 2027. - The Motley Fool
Looking for Upside? These Cryptocurrencies Have the Potential to Double in Value in 2027. The Motley Fool
Sberbank Crypto Trading: Russia’s Biggest Bank Approved to Exchange Bitcoin and Ethereum - CryptoRank
Sberbank Crypto Trading: Russia’s Biggest Bank Approved to Exchange Bitcoin and Ethereum CryptoRank
Ethena’s ENA Falls to $0.21 After Retreat From Sept. 27 High - TOKENPOST
Ethena’s ENA Falls to $0.21 After Retreat From Sept. 27 High TOKENPOST
Mezo Sets Oct. 13 Bridge-Out Deadline for swBTC and USDe - The Defiant
Mezo Sets Oct. 13 Bridge-Out Deadline for swBTC and USDe The Defiant
Binance pays $283 million after its own price feed broke a stablecoin that never actually broke - Startup Fortune
Binance pays $283 million after its own price feed broke a stablecoin that never actually broke Startup Fortune
Cryptocurrency prices in India today (13 Oct 2026) - LatestLY
Cryptocurrency prices in India today (13 Oct 2026) LatestLY
Decrypt: AI, Bitcoin, Culture, Gaming, and Crypto News - Decrypt
Decrypt: AI, Bitcoin, Culture, Gaming, and Crypto News Decrypt
Bitcoin’s rebound approaches the $85,000 zone where past buyers may sell - CryptoRank
Bitcoin’s rebound approaches the $85,000 zone where past buyers may sell CryptoRank
More than half of Ethena’s USDe backing is allocated to lending - CryptoSlate
More than half of Ethena’s USDe backing is allocated to lending CryptoSlate
2 Unstoppable Cryptocurrencies Poised for Massive Gains This Year - The Motley Fool
2 Unstoppable Cryptocurrencies Poised for Massive Gains This Year The Motley Fool
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 4,764,370,638. 12262984.
What is the current price of Ethena USDe?
Ethena USDe is currently priced at $0.9996, up 0.01% in the last 24 hours. It is ranked #21 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 $4.78B. The 24-hour trading volume is $29.37M, reflecting the total value of USDE traded across all exchanges in the last day.
