Ethena USDe
USDeCrypto-backed USD-pegged Rank #5
Price
$0.999346
-0.07% off peg
Market Cap
$4.55B
Market Cap
$4.55B
Dominance
1.49%
of market
Price
$0.999346
% Off Peg
-0.07%
24h Supply
-0.55%
7d Supply
-2.53%
30d Supply
-7.79%
Networks
31
chains
Circulating Supply
Total USDe across all chains
$10.10B
$3.79B
Oct 28, 2025
Oct 27, 2026
Chain Distribution
Current supply by network
Ethereum
$2.44B 53.6%
Plasma
$584.83M 12.8%
Base
$380.20M 8.3%
Robinhood Chain
$369.03M 8.1%
Solana
$317.65M 7.0%
TON
$141.38M 3.1%
Monad
$121.44M 2.7%
BSC
$78.39M 1.7%
Mantle
$78.10M 1.7%
Avalanche
$14.92M 0.3%
Others (20)
$28.03M 0.6%
About Ethena USDe
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
Mint & redeem
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.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki Audit / transparency
Contract 0x4c9E…68B3
