Ethena USDe (USDe) is currently priced at $1.00 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $4,801,678,629.326. Fully diluted valuation: $4,786,688,064.326. Circulating supply is 4,804,700,786.121 USDe. Total supply is 4,789,700,786.121 USDe.
$1.00
- 1D
- +0%
- 1M
- −0.04%
- 3M
- −0.07%
- 1Y
- −0.05%
Market Cap$4.8B
Fully Diluted$4.8B
About Ethena USDe
Ethena USDe is a synthetic dollar issued by Ethena Labs. It is backed by crypto collateral such as ETH, BTC and their liquid staking tokens, combined with offsetting short perpetual futures positions that hedge out price exposure, alongside liquid stablecoin reserves. USDe is used as a dollar-denominated asset across DeFi and can be staked into sUSDe, which accrues yield generated from staking rewards and perpetual funding rates.