Ask LlamaAI for free
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:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.65% | +1.92% | -7.07% | 2.515b | ||
| LayerZero | 100% | -0.40% | -7.95% | +3.95% | 559.86m | |
| LayerZero | 100% | +6.04% | +1.57% | -1.64% | 386.18m | |
| LayerZero | 100% | +1.02% | -2.08% | +3.17% | 361.37m | |
| LayerZero | 100% | +0.09% | -1.04% | -33.30% | 314.61m | |
| LayerZero | 100% | +12.60% | -0.53% | +67.49% | 116.36m | |
| LayerZero | 100% | -18.95% | -40.12% | -54.63% | 84.66m | |
| LayerZero | 100% | -0.02% | -0.01% | -0.02% | 78.38m | |
| LayerZero | 100% | <0.0001% | -5.37% | -6.98% | 74.09m | |
| 100% | +29.49% | +216% | +528% | 47.08m | ||
| LayerZero | 100% | +5.01% | +219% | +28,459,942% | 17.93m | |
| LayerZero | 100% | +0.35% | -2.56% | -9.29% | 11.59m | |
| LayerZero | 100% | -0.83% | -0.45% | -7.23% | 7.17m | |
| LayerZero | 100% | >-0.0001% | -1.06% | -3.35% | 1.88m | |
| Ethena | 100% | -0.00% | 250,313.6 | |||
| LayerZero | 100% | -0.00% | -0.00% | -0.01% | 78,421.58 | |
| LayerZero | 100% | +0.00% | +0.00% | +0.00% | 66,721.33 | |
| LayerZero | 100% | <0.0001% | -0.86% | -81.76% | 61,328.06 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.94% | 24,915.22 | |
| LayerZero | 100% | -0.00% | -0.00% | -97.78% | 17,154.5 | |
| LayerZero | 100% | -0.00% | -60.67% | -63.36% | 10,579.53 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 6,486.86 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |