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Ethena USDe token
USDE
MAX DEX Price Pair TVL:$77.8M
$1
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Total DEX TVL:
$129.93M
Total blockchains
1
Total DEX pairs
21
Total DEX TXNS
899
Total DEX Volume
$189.4M
DeFi age
1,786 days 14 hr 52 min
TokenPrice $AgeTVLMKT CAPTXNSVol5m1h4h24h
1
$0.9958324 days 27 min$77.8M$646.7M0<$10%0%0%0%
2
$1366 days 21 hr 44 min$16.7M$3.65B64$10.3M0%0.05%0.02%-0.06%
3
$1364 days 1 hr 8 min$14.4M$3.65B121$35.6M0%-0.02%-0.01%-0.02%
4
$1277 days 22 hr 48 min$13.4M$3.64B0<$10%0%0%0%
5
$1357 days 17 hr 26 min$6.5M$3.65B10$656.4K0%0%-0.03%-0.06%
6
$1181 days 16 hr 21 min$972.5K$3.6B0<$10%0%0%0%
7
$1364 days 1 hr 26 min$180.2K$3.64B9$40K0%0%-0.00%-0.46%
8
$1113 days 15 hr 31 min$15.2K$3.51B0<$10%0%0%0%
9
$0.062303164 days 3 hr 43 min$2.4K$212.7K0<$10%0%0%0%
10
$1.08221 days 9 hr 44 min$2.2K$1.42B0<$10%0%0%0%

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 November 21, 2024, the current price of the USDE token on DEX markets is $1, with a total DEX liquidity TVL of $77.88M. The USDE token trades on 1 blockchains and 21 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 899 trades (TXNS) with a trading volume of $189,405,932.72.

Frequently Asked Questions

The total 24-hours trading volume on all DEX exchanges for USDE token is $189,405,932.72.

The total DEX TVL of Ethena USDe (USDE) is $129.93M in the last 24 hours.

The Ethena USDe USDE token is launched on the Ethereum.

DEX exchange rate of 1 USDE to USD is $1 as of 2:52 PM UTC.

Based on DEX current exchange rate, you can buy 0.9981806521161041 USDE for 1 USD.

Hack Awards

ETH Waterloo 2017
ETH Waterloo
2017
ETH Denver 2018
ETH Denver
2018
Proof of Skill Hack 2018
Proof of Skill Hack
2018
ETH Berlin 2018
ETH Berlin
2018
ETH San Francisco 2018
ETH San Francisco
2018
ETH Singapore 2019
ETH Singapore
2019
ETH Denver 2020
ETH Denver
2020
ETH Lisbon 2022
ETH Lisbon
2022

Backers

Etherscan
Smart Contracts Factory
TradingView
Data Provider
T1A
Data Provider
TON
Contributor
VELAS
Ethereum Foundation
Core Devs Meeting
2017-19
XLA
MARS DAO
Xsolla
CRYPTORG
Plasma finance
12 Swap
Partner
Chrono.tech