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% | -0.26% | -3.01% | +16.67% | 2.708b | ||
| LayerZero | 100% | +1.62% | +5.52% | +132% | 542.54m | |
| 100% | -1.47% | -5.27% | -14.62% | 457.85m | ||
| LayerZero | 100% | -0.31% | +0.57% | +13.59% | 392.62m | |
| LayerZero | 100% | +0.84% | +2.96% | +9.61% | 350.71m | |
| 100% | >-0.0001% | +1.83% | +21.65% | 186.59m | ||
| LayerZero | 100% | -2.32% | +12.92% | +33.25% | 79.66m | |
| LayerZero | 100% | +0.01% | -0.01% | -44.56% | 78.4m | |
| LayerZero | 100% | -1.25% | +37.23% | -27.05% | 69.78m | |
| LayerZero | 100% | +0.02% | +0.16% | +6.52% | 12.78m | |
| LayerZero | 100% | -0.17% | -1.08% | -45.22% | 7.73m | |
| 100% | +2.19% | +15.88% | +143% | 7.34m | ||
| LayerZero | 100% | -7.18% | -9.06% | -52.64% | 1.95m | |
| LayerZero | 100% | -2.27% | -2.27% | -2.32% | 908,144.79 | |
| LayerZero | 100% | <0.0001% | -4.92% | -10.06% | 336,276.12 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.11% | 78,431.58 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.54% | 66,721.33 | |
| LayerZero | 100% | -0.00% | +4.07% | +6.04% | 65,111.93 | |
| LayerZero | 100% | -9.10% | -34.50% | +8.11% | 28,675.68 | |
| LayerZero | 100% | -0.00% | -0.00% | +91.25% | 25,151.55 | |
| 0.00% | +0.00% | +0.00% | +0.00% | 21,072.21 | ||
| LayerZero | 100% | -0.00% | -0.02% | -1.58% | 6,486.86 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |