Ethena Staked USDe(sUSDe)Onchain Marketcap$1.72b
Onchain Marketcap by chain
Ethereum$1.306b
Plasma$290.32m
Mantle$85.14m
Monad$21.35m
Solana$6.03m
Base$4.42m
BSC$2.92m
Arbitrum$2.15m
Berachain$919,554
Hyperliquid L1$591,641
Fraxtal$293,677
Avalanche$60,479
Blast$4,606
ZKsync Era$762
Scroll$646
Linea$557
Mode$515
OP Mainnet$425
Manta$44
Metis$20
Morph$11
Zircuit$2
Kava$1
X Layer$0
Key Metrics
Active Marketcap$1.72b
Ethereum$1.306b
Plasma$290.32m
Mantle$85.14m
Monad$21.35m
Solana$6.03m
Base$4.42m
BSC$2.92m
Arbitrum$2.15m
Berachain$919,554
Hyperliquid L1$591,641
Fraxtal$293,677
Avalanche$60,479
Blast$4,606
ZKsync Era$762
Scroll$646
Linea$557
Mode$515
OP Mainnet$425
Manta$44
Metis$20
Morph$11
Zircuit$2
Kava$1
X Layer$0
DeFi Active TVL$1.46b
Aave V3$524.15m
Ethereum$236.63m
Plasma$205.45m
Mantle$81.91m
Monad$136,582
Avalanche$28,706
ZKsync Era$130
LayerZero V2$415.17m
Ethereum$415.17m
Re$163.28m
Ethereum$158.98m
Base$4.3m
Arbitrum$6,360
Pendle V2$127.13m
Plasma$83.26m
Ethereum$22.87m
Monad$21m
Hyperliquid L1$640
BSC$596
Berachain$236
Morpho Blue$101.74m
Ethereum$101.6m
Arbitrum$137,888
Hyperliquid L1$575
Monad$16
Olympus DAO (Treasury)$29.84m
Ethereum$29.84m
Curve DEX$21.03m
Ethereum$20.62m
Plasma$407,676
Hyperliquid L1$3,390
Fraxtal$1,535
Mantle Treasury (Treasury)$20.34m
Ethereum$17.13m
Mantle$3.21m
Aave V4$19.88m
Ethereum$19.88m
Inverse Finance FiRM$15.31m
Ethereum$15.31m
Curve LlamaLend$6.53m
Ethereum$6.53m
Derive V2$5.45m
Ethereum$5.45m
Arbitrum$7,590
Merit Circle (Treasury)$2.5m
Ethereum$2.5m
Venus Core Pool$2.09m
BSC$2.09m
Ethereum$160
Fluid Lending$1.39m
Ethereum$958,109
Arbitrum$428,629
Plasma$1,551
Base$84
Lista Lending$757,484
BSC$757,484
Parallel Protocol V3$628,505
Hyperliquid L1$523,088
Ethereum$105,417
Terminal Finance Pre-Deposits$490,083
Ethereum$490,083
Uniswap V4$443,366
Ethereum$427,270
BSC$13,227
Base$1,496
Monad$964
OP Mainnet$167
Blast$138
Avalanche$62
Arbitrum$42
Derive (Treasury)$428,905
Ethereum$428,905
Symbiotic$334,050
Ethereum$334,050
Fraxlend$146,870
Ethereum$146,870
OpenGDP Shared Security$128,808
Ethereum$128,808
Yearn (Treasury)$111,547
Ethereum$111,547
Latch$98,898
Ethereum$98,898
dTRINITY dLEND$98,235
Fraxtal$97,477
Ethereum$758
Euler V2$91,632
Ethereum$88,910
BSC$2,674
Plasma$36
Avalanche$12
InfinityPools$47,619
Base$47,619
MUX Perps$31,412
Arbitrum$31,412
Metric V2$27,619
Ethereum$27,619
Reserve Protocol$25,559
Ethereum$25,559
Folks Finance xChain$22,160
Avalanche$22,160
Fuel Bridge$17,684
Ethereum$17,684
Kamino Lend$15,775
Solana$15,775
Alto$12,705
Ethereum$12,705
Ebisu V2$9,520
Ethereum$9,520
Velodrome V3$9,373
Fraxtal$9,373
UwU Lend$8,554
Ethereum$8,554
Kodiak V3$7,453
Berachain$7,453
Phoenix Protocol$6,334
Ethereum$6,334
DYAD$5,457
Ethereum$5,457
Beraborrow$5,110
Berachain$5,110
Loopscale$3,694
Solana$3,694
Balancer V2$2,447
Fraxtal$2,161
Ethereum$286
zkLink Nova$2,312
Ethereum$2,312
Supernova CL$2,227
Ethereum$2,227
Blackwing$1,570
Ethereum$1,570
Balancer V3$1,408
Plasma$1,070
Ethereum$328
Base$10
HyperLend Pooled$1,326
Hyperliquid L1$1,326
Hyperdrive$1,249
Ethereum$1,249
Uniswap V3$916
Ethereum$916
Orca DEX$816
Solana$816
Manifest Trade$767
Solana$767
Rumpel Labs$723
Ethereum$723
Lucidly Finance$630
Ethereum$630
Cork V1$625
Ethereum$625
Odyssey Finance$366
Ethereum$353
Plasma$13
Shezmu$330
Ethereum$330
Thruster V3$300
Blast$300
Balancer CoW AMM$259
Base$259
Everything$247
Ethereum$247
AirPuff$240
Ethereum$240
Joe V2.2$221
Avalanche$221
INIT Capital$215
Blast$215
Base Bridge$187
Ethereum$187
Aave (Treasury)$183
Ethereum$183
Blackhole CLMM$164
Avalanche$164
Ajna V2$113
Ethereum$113
Anvil$110
Ethereum$110
HypurrFi Pooled$67
Hyperliquid L1$67
PancakeSwap Infinity$65
BSC$65
Fraxtal$62
Ethereum$62
Merchant Moe Liquidity Book$51
Mantle$51
Ekubo$41
Ethereum$41
Enzyme Finance$33
Ethereum$33
BEX$33
Berachain$33
Fungify$32
Ethereum$32
Splice Finance$32
Mode$32
Origin ARM$27
Ethereum$27
Omni Exchange V3$24
Base$24
HypurrFi Isolated$17
Hyperliquid L1$17
Meteora DAMM V1$16
Solana$16
Meteora vaults$16
Solana$16
Lendle Pooled Markets$15
Mantle$15
Lithos$14
Plasma$14
Ambient$14
Scroll$14
sUSDe Price$1.25
Chains24
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerEthena Labs, S.A.
Registry InformationEthena Labs, S.A. is a Portuguese company limited by shares that develops the USDe protocol. The sUSDe staking contract is an ERC-4626 vault on Ethereum that holds USDe and accrues protocol rewards to stakers through the share price.
Sourcehttps://www.lei-lookup.com/record/894500K29XZNTAWSC539/
Notes
- sUSDe is the staked form of Ethena USDe. Depositors stake USDe in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as protocol rewards accrue, so the position grows through share price rather than through a rising balance. Unstaking passes through a cooldown enforced by the vault before USDe can be withdrawn. Ethena describes the reward stream as protocol revenue from funding and basis spread on delta-hedged crypto positions, from lending revenue, from real world asset yield, and from liquid stablecoin rewards, so only part of the return is real world asset income and the dominant driver in normal conditions is perpetual funding. The share of backing held in liquid stablecoins and tokenized short-duration government debt rises when funding rates fall below Treasury yields, which is the purpose of the USDtb allocation. Rewards are distributed at the discretion of the protocol and periods of negative revenue are absorbed by the reserve fund rather than passed to holders. The Ethereum contract is the canonical vault and the deployments on other chains are bridged representations that do not themselves hold USDe.
DeFi Yield Opportunities (58)
Pool | Reference | Protocol | Chain | 30d Trend | ||||
|---|---|---|---|---|---|---|---|---|
| 1sUSDeStaked USDe | USDe | $1.306b | 5.04% | Stable 94 | 11,826 | |||
| 2reUSDRe Protocol Deposit Token | reUSD | $244.8m | 6.63% | Stable 98 | 771 | |||
| 3aEthsUSDeAave Ethereum sUSDe | sUSDe | $233.02m | 0.00% | Mixed 58 | 625 | |||
| 4aPlasUSDeAave Plasma sUSDe | sUSDe | $205.53m | 0.00% | Mixed 66 | ||||
| 5aMansUSDeAave Mantle sUSDe | sUSDe | $81.94m | 0.00% | Stable 76 | ||||
| 6DOLA-sUSDeDOLA/sUSDe | DOLA-sUSDe | $59.83m | 3.84%1.24%+2.60% | Stable 92 | 34 | |||
| 7DOLA-sUSDeDOLA/sUSDe | DOLA-sUSDe | $50.26m | 4.80%1.24%+3.56% | Stable 92 | 34 | |||
| 8PT-sUSDE-22OCT2026PT Ethena sUSDE 22OCT2026 | sUSDe | $20.92m | 5.17% | Stable 93 | 12 | |||
| 9PLP-sUSDE-22OCT2026PLP Ethena sUSDE 22OCT2026 | sUSDe | $20.92m | 8.10%8.01%+0.08% | Stable 88 | 109 | |||
| 10reUSDeRe Protocol reUSDe | reUSDe | $20.23m | 12.29% | Stable 100 | 526 |
Chains
Ethereum
PrimaryBase
Arbitrum
OP Mainnet
Avalanche
Mantle
Scroll
Linea
Blast
Mode
Berachain
Fraxtal
Kava
Hyperliquid L1
Plasma
Zircuit
Metis
X Layer
Manta
Morph
Monad
ZKsync Era
Solana