Ethena USDe
USDeCrypto-backed USD-pegged Rank #6
Price
$0.999777
-0.02% off peg
Market Cap
$4.00B
Market Cap
$4.00B
Dominance
1.29%
of market
Price
$0.999777
% Off Peg
-0.02%
24h Supply
-1.13%
7d Supply
-0.69%
30d Supply
-10.82%
Networks
31
chains
Circulating Supply
Total USDe across all chains
$14.82B
$3.76B
Jul 23, 2025
Jul 23, 2026
Chain Distribution
Current supply by network
Ethereum
$2.49B 62.3%
Solana
$537.45M 13.4%
Base
$241.01M 6.0%
BSC
$168.53M 4.2%
Robinhood Chain
$164.21M 4.1%
Plasma
$156.68M 3.9%
TON
$120.32M 3.0%
Mantle
$64.53M 1.6%
Hyperliquid L1
$17.53M 0.4%
Berachain
$16.47M 0.4%
Others (20)
$19.29M 0.5%
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
