Ethena USDe(USDe)
Market Cap$3.941b
Price$1
Total Circulating3.942b
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 | -3.02% | -10.80% | -11.81% | 2.408b | ||
| 100% | +0.04% | -0.69% | -3.54% | 538.15m | ||
| LayerZero | 100% | -0.02% | +18.57% | +490% | 235.66m | |
| LayerZero | 100% | -0.01% | -12.01% | -15.56% | 213.42m | |
| LayerZero | 100% | -1.68% | +13.51% | +30.67% | 152.33m | |
| 100% | < 0.0001% | 0% | -29.92% | 120.37m | ||
| LayerZero | 100% | +5.17% | 94.91m | |||
| LayerZero | 100% | +0.04% | -81.29% | -83.64% | 71.92m | |
| LayerZero | 100% | -7.48% | -11.26% | -36.49% | 69.47m | |
| LayerZero | 100% | -0.52% | -3.47% | -52.57% | 17.84m | |
| LayerZero | 100% | +3.24% | -28.26% | -35.19% | 15.95m | |
| LayerZero | 100% | -0.30% | -3.23% | -0.72% | 1.75m | |
| LayerZero | 100% | < 0.0001% | < 0.0001% | +2.94% | 931,635 | |
| LayerZero | 100% | -0.01% | -15.44% | +147% | 549,116 | |
| LayerZero | 100% | 0% | 78,518 | |||
| LayerZero | 100% | 0% | -0.13% | -45.39% | 74,649 | |
| LayerZero | 100% | 0% | +0.01% | +30.39% | 70,198 | |
| LayerZero | 100% | 0% | +36215% | 37,405 | ||
| LayerZero | 100% | 0% | -17.52% | +35.54% | 34,458 | |
| 0 | 0% | 0% | 0% | 21,663 | ||
| LayerZero | 100% | 0% | 0% | -0.06% | 13,611 | |
| LayerZero | 100% | -0.01% | -0.01% | -0.08% | 7,753 | |
| LayerZero | 100% | 0% | 0% | 0% | 2,569 |