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An image of the Ethena USDe (usde) crypto token logo
Ethena USDe token
USDE
MAX DEX Price Pair TVL:$74.87M
$0.9992
Share
Total DEX TVL:
$165.92M
Total blockchains
10
Total DEX pairs
182
Total DEX TXNS
4,594
Total DEX Volume
$612.79B
DeFi age
2,214 days 10 hr 16 min
TokenPrice $AgeTVLMKT CAPTXNSVol5m1h4h24h
1
$0.9932751 days 19 hr 52 min$74.9M$274.3M16$258.8K0%-0.01%-0.01%-0.01%
2
$0.999986 days 12 hr 19 min$18.6M$6.59B67$11.5M-0.00%-0.00%-0.00%-0.05%
3
$1.2415 days 18 hr 18 min$8.4M$7.3M0<$10%0%0%0%
4
$1624 days 38 min$6M$91M24$406K0.00%0.00%0.00%-0.04%
5
$1451 days 21 hr 49 min$4.6M$93.7M14$16.7K0%0%0.13%0.51%
6
$1.2410 days 1 hr 52 min$4.1M$7.3M0<$10%0%0%0%
7
$0.999986 days 10 hr 46 min$2.7M$6.59B26$718.8K0%-0.00%0.00%-0.04%
8
$0.999332 days 3 hr 4 min$2.6M$90.9M47$18.8K-0.11%-0.01%-0.42%-0.02%
9
$0.999415 days 18 hr 18 min$2.1M$93.3M12$33.5K0%0%-0.03%-0.03%
10
$0.999414 days 1 hr 11 min$1.7M$91.4M13$15.9K0%0%-0.01%-0.04%
11
$1410 days $1.5M$91M20$9.4K-0.02%-0.02%-0.01%-0.03%
12
$0.9988794 days 17 hr 8 min$1.2M$6.58B12$52.7K0%-0.02%-0.02%-0.08%
13
$1.216 days 18 hr 51 min$1M$3.77B0<$10%0%0%0%
14
$0.003707333 days 1 hr 12 min$983.8K$15.1M7$267.60%-0.55%-0.65%-1.15%
15
$1697 days 20 hr 11 min$686.7K$495.1M26$81.6K0%0.01%0.03%0.07%
16
$0.9992785 days 12 hr 51 min$673.6K$6.58B10$7K0%0%0%0%
17
$0.999144 days 20 hr 4 min$500.6K$6.62B0<$10%0%0%0%
18
$0.999248 days 22 hr 24 min$500K$6.8B0<$10%0%0%0%
19
$1343 days 19 hr $298K$99.6B43$392.8K0%0%0%0%
20
$0.999686 days 8 hr 34 min$250K$6.58B6$372.990%0%0.01%-0.06%
21
$0.9992705 days 18 hr 13 min$238.7K$6.58B8$3.2K0%0%0%0%
22
$0.999666 days 16 hr 55 min$122.3K$2.4M27$43.4K0%-0.01%-0.03%-0.07%
23
$0.999226 days 17 hr 34 min$100.2K$6.3B0<$10%0%0%0%
24
$0.989370 days 13 hr 58 min$93K$184.5M0<$10%0%0%0%
25
$0.989378 days 10 hr 42 min$92.5K$159.1M0<$10%0%0%0%
26
$1729 days 21 hr 53 min$83.8K$245.2K0<$10%0%0%0%
27
$0.989345 days 17 hr 11 min$68K$178.8M0<$10%0%0%0%
28
$0.98934 days 8 hr 48 min$64K$86.7M0<$10%0%0%0%
29
$0.989311 days 2 hr 13 min$59.7K$94.7M0<$10%0%0%0%
30
$0.98935 days 23 hr 53 min$58.7K$90M0<$10%0%0%0%
31
$157 days 23 hr 39 min$55.6K$28.5M0<$10%0%0%0%
32
$1366 days 16 hr 54 min$50.5K$6.59B0<$10%0%0%-0.08%
33
$0.9984 days 23 hr 53 min$49.8K$158M0<$10%0%0%0%
34
$0.9988791 days 20 hr 51 min$45K$6.58B26$8.3K0%-0.02%-0.04%-0.08%
35
$0.999995 days 1 hr 20 min$41.7K$257.8M9$4.5K0%-0.00%-0.09%-0.08%
36
$0.9999791 days 20 hr 33 min$38.2K$6.59B2$206.570%0%-0.00%-0.03%
37
$0.7746362 days 7 hr 36 min$32.9K$26M0<$10%0%0%0%
38
$0.999274 days 6 hr 25 min$31.8K$8.45B0<$10%0%0%0%
39
$183 days 15 hr 34 min$30.1K$30.2M0<$10%0%0%0%
40
$0.999274 days 9 hr 44 min$29.4K$8.45B0<$10%0%0%0%
41
$183 days 10 hr 15 min$19.6K$6.47B0<$10%0%0%0%
42
$0.9998664 days 2 hr 14 min$19.3K$2.4M2$18.680%-0.10%-0.10%0.00%
43
$145 days 10 hr 33 min$17.3K$49.8M0<$10%0%0%0%
44
$1.011 day 15 hr 43 min$16.4K$51.4M0<$10%0%0%0%
45
$0.9997298 days 2 hr 39 min$9.4K$7.6M0<$10%0%0%0%
46
$0.9995440 days 15 hr 52 min$8.4K$565K34$965.870%-0.00%-0.01%-0.02%
47
$0.999655 days 50 min$7.3K$2.4M39$19.4K0%0.01%-0.03%-0.07%
48
$195 days 12 hr 44 min$7K$257.8M0<$10%0%0%-0.21%
49
$0.9992514 days 22 hr 23 min$6.7K$3.3M6$529.810%-0.00%-0.01%-0.04%
50
$0.9992402 days 8 hr 2 min$5.3K$6.58B0<$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 January 23, 2026, the current price of the USDE token on DEX markets is $1, with a total DEX liquidity TVL of $2.63M. The USDE token trades on 10 blockchains and 182 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 4,594 trades (TXNS) with a trading volume of $612,789,685,011.12.

Frequently Asked Questions

The total 24-hours trading volume on all DEX exchanges for USDE token is $612,789,685,011.12.

The total DEX TVL of Ethena USDe (USDE) is $165.92M in the last 24 hours.

The Ethena USDe USDE token is launched on the Ethereum, Solana, zkSync, Base, BNB Chain, Mantle, Optimism, Arbitrum, Linea, and Avalanche.

DEX exchange rate of 1 USDE to USD is $0.9992 as of 10:16 AM UTC.

Based on DEX current exchange rate, you can buy 1.0007212643760584 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