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% | +0.32% | -0.16% | -10.41% | 2.467b | ||
| LayerZero | 100% | +2.01% | +2.68% | +16.92% | 591.56m | |
| LayerZero | 100% | -0.50% | -1.53% | +3.15% | 381.64m | |
| LayerZero | 100% | -0.10% | +2.86% | +5.60% | 366.39m | |
| 100% | -5.27% | -18.68% | -28.43% | 359.85m | ||
| 100% | -12.47% | -17.03% | -22.92% | 140.37m | ||
| LayerZero | 100% | -3.20% | -13.58% | +128% | 119.08m | |
| LayerZero | 100% | +0.02% | +16.91% | +18.31% | 86.6m | |
| LayerZero | 100% | -0.01% | -0.00% | -0.04% | 78.38m | |
| 100% | -1.22% | +10.42% | +116% | 12.9m | ||
| LayerZero | 100% | -1.55% | -1.74% | -3.22% | 12.3m | |
| LayerZero | 100% | +0.41% | -1.38% | -5.08% | 7.42m | |
| LayerZero | 100% | >-0.0001% | >-0.0001% | +8,064,522% | 5m | |
| LayerZero | 100% | >-0.0001% | +0.18% | -10.50% | 1.92m | |
| LayerZero | 100% | -0.00% | -0.00% | -0.01% | 78,421.58 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.10% | 66,721.33 | |
| LayerZero | 100% | -0.00% | -13.17% | -82.46% | 61,859.79 | |
| LayerZero | 100% | -0.00% | -6.86% | -33.37% | 27,172.76 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.93% | 24,917.22 | |
| LayerZero | 100% | -7.72% | -97.58% | -98.15% | 17,154.5 | |
| LayerZero | 100% | -0.01% | +984% | -88.57% | 7,151.59 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.02% | 6,486.86 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |