Ethena USDe
USDeCrypto-backed USD-pegged Rank #5
Price
$0.999365
-0.06% off peg
Market Cap
$4.65B
Market Cap
$4.65B
Dominance
1.52%
of market
Price
$0.999365
% Off Peg
-0.06%
24h Supply
-0.41%
7d Supply
-2.28%
30d Supply
-5.49%
Networks
31
chains
Circulating Supply
Total USDe across all chains
$11.40B
$3.79B
Oct 22, 2025
Oct 22, 2026
Chain Distribution
Current supply by network
Ethereum
$2.47B 53.1%
Plasma
$591.56M 12.7%
Base
$383.31M 8.2%
Solana
$373.35M 8.0%
Robinhood Chain
$367.69M 7.9%
TON
$140.37M 3.0%
Monad
$120.13M 2.6%
Mantle
$86.60M 1.9%
BSC
$78.39M 1.7%
Avalanche
$13.23M 0.3%
Others (20)
$27.14M 0.6%
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
