Stablecoin Information
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
Category:crypto-backed
Minting and Redemption
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.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +2.28% | +6.80% | +15.33% | 2.608b | ||
| 100% | -0.11% | +0.52% | -0.38% | 536.15m | ||
| LayerZero | 100% | +4.49% | +35.89% | +334% | 360.92m | |
| LayerZero | 100% | +1.62% | +1.89% | -0.09% | 352m | |
| LayerZero | 100% | +0.06% | +0.92% | +22.34% | 323.36m | |
| 100% | +1.12% | +6.96% | +29.08% | 169.44m | ||
| LayerZero | 100% | -5.37% | +33.35% | +43.01% | 91.45m | |
| LayerZero | 100% | >-0.0001% | -25.59% | -53.48% | 78.43m | |
| LayerZero | 100% | +4.02% | +2.87% | -2.46% | 60.71m | |
| LayerZero | 100% | -0.84% | -0.99% | -6.80% | 11.76m | |
| LayerZero | 100% | +0.00% | -23.31% | -43.01% | 8.84m | |
| LayerZero | 100% | +3.27% | +32.19% | +352% | 5.51m | |
| LayerZero | 100% | +0.02% | -1.23% | +122% | 4.02m | |
| LayerZero | 100% | -0.05% | -0.05% | -0.00% | 929,244.63 | |
| LayerZero | 100% | >-0.0001% | +0.19% | -15.59% | 374,581.77 | |
| LayerZero | 100% | -0.00% | +0.00% | -0.11% | 78,431.58 | |
| LayerZero | 100% | -0.00% | -0.23% | -0.36% | 66,926.65 | |
| LayerZero | 100% | -0.00% | -0.00% | -8.97% | 61,405.77 | |
| LayerZero | 100% | -0.00% | +2.71% | -25.53% | 27,242.91 | |
| 0.00% | +0.00% | +0.00% | -1.21% | 21,072.21 | ||
| LayerZero | 100% | +0.00% | +0.00% | -3.71% | 13,151.08 | |
| LayerZero | 100% | +0.00% | +0.00% | -6.03% | 6,546.17 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |