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Ethena USDe (USDe) $ 0.99953293 0.01%

Ethena USDe (USDe) to USD

Ethena USDe statistics

Market Cap: $ 3 929 094 930
24h Volume: $ 26 576 122
Circulating supply: 3 930 930 953.13
Total supply: 3 930 930 953.13
Max supply: -

Change 1h: -0.01
Change 24h: -0.03
Change 7d: -0.03
Change 1m: 0
Change 3m: 0.01
Change 6m: 0.07
Change 1y: -0.14

About Ethena USDe

Ethena USDe (USDe) is a synthetic dollar instrument developed within the Ethena ecosystem on the Ethereum platform. The project introduces an alternative approach to stability: instead of relying on fiat reserves held in banks, it uses a delta-neutral hedging mechanism that combines Ethereum staking with short futures positions. This model enables the creation of a “digital dollar” fully independent of traditional financial infrastructure. USDe not only functions as a stable medium of exchange but also allows holders to generate yield from crypto-native reserves within decentralized finance.