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Market cap rank
20
Market cap
4,604,640,469
Circulating supply
4,605,649,105
Max supply

About Ethena USDe

Ethena USDe is a synthetic dollar cryptocurrency designed to maintain a stable value relative to the US dollar. It aims to provide a stable store of value within the crypto ecosystem, with yield derived from staking and perpetual funding rates. The asset operates across multiple blockchain ecosystems, including Ethereum, Solana, and others, indicating its multi-chain presence.

  • USDe is a delta-hedged synthetic dollar, meaning it uses derivatives to offset price risk.
  • It generates native crypto yield from staking and perpetual funding rates.
  • USDe is available on over 30 blockchain ecosystems, including Ethereum, Solana, and Avalanche.
  • It is categorized as both a stablecoin and a synthetic dollar, reflecting its design to maintain a stable value.

Local market

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Mid-market rate 1 USDE = 0.9996 USD via coingecko · 1m 7s ago Offers updated 1m 6s ago
Exchange Price
Kraken Best rate CEX · 1m · Bank transfer · Wire Transfer · Dart Bank 0.9998 USD Buy
Kraken CEX · 1m · Bank transfer · ACH Transfer · Plaid 0.9998 USD Buy
Kraken CEX · 1m · E-wallet · PayPal 0.9998 USD Buy
Kraken CEX · 1m · Bank transfer · SWIFT Transfer · Bank Frick 0.9998 USD Buy
Kraken CEX · 1m · Bank transfer · SWIFT Transfer · Customers Bank 0.9998 USD Buy

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