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 | -0.35% | -4.36% | -13.26% | 2.336b | ||
| 100% | -0.12% | +0.61% | -0.38% | 540.87m | ||
| LayerZero | 100% | +0.49% | +7.14% | +39.21% | 276.66m | |
| LayerZero | 100% | +4.16% | +18.31% | 214.36m | ||
| LayerZero | 100% | +0.02% | +0.03% | -30.52% | 168.56m | |
| 100% | +0.15% | +0.30% | +0.26% | 120.69m | ||
| LayerZero | 100% | -0.36% | -32.21% | -22.44% | 105.9m | |
| LayerZero | 100% | >-0.0001% | +8.12% | -11.66% | 69.37m | |
| LayerZero | 100% | -5.81% | -7.65% | -28.46% | 16.29m | |
| LayerZero | 100% | -1.77% | -8.95% | -32.99% | 14.82m | |
| LayerZero | 100% | +1.16% | +4.77% | +12,596,353% | 12.97m | |
| LayerZero | 100% | -0.75% | +2.33% | +0.60% | 1.81m | |
| LayerZero | 100% | <0.0001% | -0.00% | -0.00% | 931,603.16 | |
| LayerZero | 100% | >-0.0001% | +0.03% | +18.20% | 750,535.83 | |
| LayerZero | 100% | -0.72% | +187% | -99.88% | 460,331.23 | |
| LayerZero | 100% | +0.00% | +0.00% | 78,518.21 | ||
| LayerZero | 100% | +0.00% | +0.00% | -0.13% | 74,649.39 | |
| LayerZero | 100% | +0.00% | -1.51% | -2.20% | 68,646.24 | |
| LayerZero | 100% | -0.00% | -3.20% | -0.49% | 30,273.78 | |
| 0 | -0.00% | -0.00% | -1.54% | 21,328.61 | ||
| LayerZero | 100% | +0.00% | +0.00% | -0.09% | 13,607.39 | |
| LayerZero | 100% | -0.01% | -0.01% | -10.16% | 6,965.53 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |