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% | +0.37% | +6.37% | +20.94% | 2.764b | ||
| LayerZero | 100% | -0.21% | +1.82% | +266% | 504.86m | |
| 100% | -1.05% | -5.03% | -7.32% | 497.52m | ||
| LayerZero | 100% | -0.18% | -0.38% | +10.42% | 369.33m | |
| LayerZero | 100% | -1.63% | +0.35% | +10.08% | 341.29m | |
| 100% | +0.21% | +2.46% | +27.86% | 182.48m | ||
| LayerZero | 100% | >-0.0001% | -0.01% | -53.47% | 78.42m | |
| LayerZero | 100% | -7.68% | +11.14% | +16.29% | 67.58m | |
| LayerZero | 100% | +2.97% | -16.99% | -16.53% | 53.86m | |
| LayerZero | 100% | -0.02% | +6.47% | +3.14% | 12.71m | |
| LayerZero | 100% | +0.01% | -5.54% | -47.91% | 7.81m | |
| 100% | +3.98% | +24.40% | +343% | 6.21m | ||
| LayerZero | 100% | +0.21% | +17.60% | +20.85% | 2.16m | |
| LayerZero | 100% | >-0.0001% | >-0.0001% | -0.06% | 929,244.63 | |
| LayerZero | 100% | +0.00% | +0.00% | -6.75% | 352,673.2 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.11% | 78,431.58 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.49% | 66,785.21 | |
| LayerZero | 100% | >-0.0001% | +1.84% | +2.62% | 62,563.95 | |
| LayerZero | 100% | -0.00% | +41.37% | +47.70% | 40,782.95 | |
| LayerZero | 100% | -0.00% | +91.25% | +84.40% | 25,151.55 | |
| 0.00% | +0.00% | +0.00% | +0.00% | 21,072.21 | ||
| LayerZero | 100% | -0.00% | -0.89% | -1.56% | 6,487.85 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |