Token | Price $ | Age | TVL | Mkt Cap | TXS | VOL | 5M | 1H | 4H | 24H | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | $0.9987 | - | $52M | $649M | 5 | 535К | 0% | 0.03% | 0.00% | 0.08% | ||
2 | $1 | - | $33M | $2.30B | 28 | 1.2M | 0.02% | 0.04% | 0.04% | 0.13% | ||
3 | $1 | - | $31M | $2.30B | 6 | 331К | 0% | 0% | -0.07% | 0.04% | ||
4 | $1 | - | $18M | $2.30B | 0 | <1 | 0% | 0% | 0% | 0.10% | ||
5 | $1 | - | $12M | $2.30B | 69 | 1.1M | 0.03% | -0.01% | 0.00% | 0.14% | ||
6 | $0.9996 | - | $10M | $52M | 3 | 238К | 0% | 0% | 0.05% | 0.10% | ||
7 | $0.9941 | - | $ 3.3M | $15M | 5 | 53К | 0% | 0% | -0.02% | 0.01% | ||
8 | $0.9811 | - | $ 2.6К | $2.25B | 12 | 7.3К | 0% | 0% | -4.22% | -2.06% |
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 9, 2024, the current price of the USDE token on DEX markets is $1, with a total DEX liquidity TVL of $30.92M. The USDE token trades on 1 blockchains and 12 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 795 trades (TXNS) with a trading volume of $47,716,273.61.
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 $47,716,273.61.
What is the DEX TVL (Total Value Locked) of Ethena USDe (USDE)?
The total DEX TVL of Ethena USDe (USDE) is $159.86M 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 1:29 PM UTC.
How much USDE can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 0.9990142109085229 USDE for 1 USD.