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 | +0.54% | +3.84% | -6.71% | 2.308b | ||
| 100% | +0.03% | -0.19% | -0.08% | 536.99m | ||
| LayerZero | 100% | +2.26% | -4.02% | +43.41% | 342.5m | |
| LayerZero | 100% | -0.06% | +6.38% | +83.00% | 305.13m | |
| LayerZero | 100% | +0.00% | +0.01% | +0.00% | 168.53m | |
| 100% | >-0.0001% | +8.72% | +18.61% | 142.71m | ||
| LayerZero | 100% | -20.68% | +34.42% | -16.11% | 131.44m | |
| LayerZero | 100% | -0.00% | +0.04% | +315% | 64.53m | |
| LayerZero | 100% | -4.32% | -5.22% | -8.65% | 58.95m | |
| LayerZero | 100% | -0.02% | -3.46% | -14.51% | 14.98m | |
| LayerZero | 100% | +0.53% | -2.37% | -25.22% | 12.32m | |
| LayerZero | 100% | -3.02% | -0.61% | +7.25% | 1.85m | |
| LayerZero | 100% | >-0.0001% | +15.93% | +99.99% | 1.4m | |
| LayerZero | 100% | <0.0001% | +0.05% | -0.20% | 929,758.07 | |
| LayerZero | 100% | >-0.0001% | -0.39% | +296% | 378,203.69 | |
| LayerZero | 100% | +0.00% | +0.00% | +0.00% | 78,518.21 | |
| LayerZero | 100% | +0.00% | -0.00% | -2.49% | 67,962.48 | |
| LayerZero | 100% | +0.00% | +0.00% | -10.09% | 67,117.26 | |
| LayerZero | 100% | -8.08% | +7.96% | -11.71% | 27,611.75 | |
| 0 | +0.00% | +0.00% | +0.00% | 21,329.08 | ||
| LayerZero | 100% | -0.00% | -0.13% | +0.24% | 13,639.88 | |
| LayerZero | 100% | -0.00% | -5.34% | -11.15% | 6,593.92 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |