Ethena USDe(USDe)
Market Cap$4.438b
Price$1
Total Circulating4.445b
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 RedemptionEthena 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 | +0.08% | -0.30% | -4.09% | 2.7b | ||
| 100% | -0.19% | -1.39% | +1.63% | 541.87m | ||
| LayerZero | 100% | +0.01% | -2.55% | -10.28% | 384.31m | |
| LayerZero | 100% | 0% | -0.17% | -4.10% | 242.54m | |
| LayerZero | 100% | -0.16% | +8.40% | +13404% | 198.75m | |
| LayerZero | 100% | -0.94% | -0.08% | +5.42% | 134.2m | |
| 100% | < 0.0001% | 0% | -29.94% | 120.37m | ||
| LayerZero | 100% | -0.08% | -8.38% | -32.07% | 78.28m | |
| LayerZero | 100% | -0.49% | -2.34% | -20.15% | 22.23m | |
| LayerZero | 100% | < 0.0001% | -22.73% | -53.43% | 18.48m | |
| LayerZero | 100% | +0.10% | +2.52% | +0.08% | 1.81m | |
| LayerZero | 100% | < 0.0001% | +3.33% | +0.85% | 931,635 | |
| LayerZero | 100% | < 0.0001% | +165% | +206% | 649,404 | |
| LayerZero | 100% | 0% | 0% | -45.31% | 74,750 | |
| LayerZero | 100% | 0% | 0% | +40.81% | 70,193 | |
| LayerZero | 100% | +37.32% | +27.39% | +47.04% | 41,777 | |
| 0 | 0% | 0% | 0% | 21,663 | ||
| LayerZero | 100% | 0% | 0% | -48.14% | 14,785 | |
| LayerZero | 100% | -0.06% | -0.06% | -0.06% | 13,611 | |
| LayerZero | 100% | -0.01% | -0.01% | +5.36% | 7,753 | |
| LayerZero | 100% | -0.47% | -0.47% | -9.26% | 3,051 | |
| LayerZero | 100% | 0% | 0% | 0% | 2,569 | |
| LayerZero | 100% | +0.02% | +0.02% | +0.02% | 1,750 |