Token | Price $ | Age | TVL | Mkt Cap | TXS | VOL | 5M | 1H | 4H | 24H | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | $0.9981 | - | $67M | $648M | 16 | 1.9M | 0% | -0.01% | 0.01% | -0.02% | ||
2 | $1 | - | $34M | $2.43B | 67 | 7.3M | -0.01% | 0.00% | -0.03% | -0.01% | ||
3 | $1 | - | $31M | $2.43B | 13 | 2.7M | 0% | 0.03% | 0.02% | -0.05% | ||
4 | $1 | - | $18M | $2.43B | 8 | 257К | 0% | -0.02% | -0.02% | 0.00% | ||
5 | $1 | - | $12M | $2.43B | 109 | 11M | 0.01% | 0.02% | -0.01% | -0.02% | ||
6 | $1 | - | $10M | $59M | 6 | 773К | 0% | 0% | 0.08% | -0.05% | ||
7 | $0.9922 | - | $ 3.2M | $15M | 2 | 19К | 0% | 0% | 0.06% | 0.10% | ||
8 | $1 | - | $ 5.2К | $2.43B | 14 | 8.7К | 0% | 0.18% | -0.02% | -0.06% |
What is Ethena USDe (USDE)?
Ethena USDe (USDe) emerges as a groundbreaking synthetic dollar stablecoin protocol built on the Ethereum blockchain, offering a crypto-native alternative to traditional banking systems. This innovative platform introduces a globally accessible dollar-denominated savings instrument known as the 'Internet Bond,' alongside a censorship-resistant, scalable, and stable crypto-native solution for money through its synthetic dollar, USDe. USDe is designed to be fully backed transparently on-chain, providing users with a stable and reliable digital asset that can be freely utilized throughout the decentralized finance (DeFi) ecosystem. The protocol achieves stability through delta-hedging staked Ethereum collateral, ensuring the peg stability of USDe. Additionally, USDe leverages delta hedging derivatives positions and a mint and redeem arbitrage mechanism to maintain its peg against protocol-held collateral. Delve into the intricate technology and details behind Ethena USDe, exploring its innovative approach to creating a crypto-native 'bond' that combines yield from staked Ethereum with funding and basis spread from perpetual and futures markets. This unique approach positions USDe as a dollar-denominated savings instrument for users in permitted jurisdictions, offering a new paradigm in the digital asset space.
Ethena USDe (USDE) price statistics
As of May 18, 2024, the current price of the USDE token on DEX markets is $1, with a total DEX liquidity TVL of $33.8M. The USDE token trades on 1 blockchains and 12 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 1,658 trades (TXNS) with a trading volume of $232,066,836.51.
Frequently Asked Questions
What is the DEX daily trading volume of Ethena USDe (USDE)?
The total 24-hours trading volume on all DEX exchanges for USDE token is $232,066,836.51.
What is the DEX TVL (Total Value Locked) of Ethena USDe (USDE)?
The total DEX TVL of Ethena USDe (USDE) is $175.31M in the last 24 hours.
What blockchain is the token USDE launched on?
The Ethena USDe USDE token is launched on the Ethereum.
What is the exchange rate of 1 USD to USDE?
DEX exchange rate of 1 USDE to USD is $1 as of 3:19 PM UTC.
How much USDE can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 0.9985135311170689 USDE for 1 USD.