Ethena USDe
USDeCrypto-backed USD-pegged Rank #6
Price
$0.998639
-0.14% off peg
Market Cap
$4.49B
Market Cap
$4.49B
Dominance
1.40%
of market
Price
$0.998639
% Off Peg
-0.14%
24h Supply
-0.17%
7d Supply
+1.03%
30d Supply
+15.88%
Networks
28
chains
Circulating Supply
Total USDe across all chains
$14.82B
$3.76B
Jun 3, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$2.80B 62.3%
Solana
$525.50M 11.7%
MegaETH
$422.22M 9.4%
BSC
$252.95M 5.6%
TON
$171.80M 3.8%
Plasma
$130.40M 2.9%
Mantle
$117.68M 2.6%
Hyperliquid L1
$40.75M 0.9%
Berachain
$28.35M 0.6%
Arbitrum
$1.85M 0.0%
Others (18)
$3.31M 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
