Key Metrics
Fees (Annualized)$310.5m
Fees 30d$15.23m
Ethereum$15.23m
Fees 7d$3.59m
Ethereum$3.59m
Fees 24h$1,347
Ethereum$1,347
Cumulative Fees$1.029b
Ethereum$1.029b
Revenue (Annualized)$5.47m
Revenue 30d$28,550.29
Ethereum$28,550.29
Revenue 7d$7,186.46
Ethereum$7,186.46
Revenue 24h$1,347
Ethereum$1,347
Cumulative Revenue$332.94m
Ethereum$332.94m
$ENA Liquidity$20.46m
Uniswap V3$20.2m
Aerodrome Slipstream$260,794
Protocol Information
Ethena is a synthetic dollar protocol built on Ethereum
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Staking rewards + yield distribution + mint fees + extra feesView code on GitHubRevenue: Mint Fees and staking rewards portion to Reserve FundView code on GitHubYields
Pools Tracked1
Average Supply APY4.08%
Competitors
Frequently Asked Questions
What is Ethena USDe's TVL?
Ethena USDe currently has $4.074b in total value locked. TVL has increased 2.3% over the past 30 days.
What chains does Ethena USDe operate on?
Ethena USDe operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Ethena USDe generated in fees and revenue?
Over the past 30 days, Ethena USDe generated $15.23m in fees. Of that, $28,550.29 was protocol revenue. Based on the trailing year, the annualized rate is $310.5m in fees and $5.47m in revenue.
How does Ethena USDe's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Ethena USDe ranks #1 by TVL. The category holds $7.186b across 40 protocols, and Ethena USDe accounts for 56.7% of that total. Other leading protocols include Falcon Finance, BounceBit CeDeFi Yield, BitFi Basis, Solv Basis Trading, Bitwise USCC, Axis, Tori Finance, ZEROBASE CeDeFi, Aegis YUSD, and Piku Finance.
How many yield pools does Ethena USDe have?
DefiLlama tracks 1 Ethena USDe yield pool with an average APY of 4.1%.

