Ethena USDe
USDeCrypto-backed USD-pegged Rank #6
Price
$0.999754
-0.02% off peg
Market Cap
$4.02B
Market Cap
$4.02B
Dominance
1.29%
of market
Price
$0.999754
% Off Peg
-0.02%
24h Supply
-0.20%
7d Supply
-5.07%
30d Supply
-10.61%
Networks
31
chains
Circulating Supply
Total USDe across all chains
$14.82B
$3.76B
Jul 17, 2025
Jul 17, 2026
Chain Distribution
Current supply by network
Ethereum
$2.56B 63.6%
Solana
$536.80M 13.4%
Base
$249.90M 6.2%
Plasma
$172.63M 4.3%
BSC
$168.47M 4.2%
TON
$120.32M 3.0%
Robinhood Chain
$110.48M 2.7%
Mantle
$65.86M 1.6%
Hyperliquid L1
$17.69M 0.4%
Berachain
$16.56M 0.4%
Others (20)
$4.40M 0.1%
About Ethena USDe
Ethereum enabled crypto-native synthetic dollar which provides an embedded yield to users and achieves price stability through delta-neutral hedging across centralized and decentralized venues
Mint & redeem
Ethena enables users to deposit either USD, Ethereum or liquid staking tokens as collateral to create USDe. Stability is ensured through delta-neutral hedging process across centralized and decentralized exchanges.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki Audit / transparency
Contract 0x4c9E…68B3
