Cryptocurrency profile · USDE
Ethena USDe
$0.9998 USD
- Market cap rank
- 23
- Market cap
- 4,682,570,589
- Circulating supply
- 4,684,966,709
- 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.
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Ethereum (ETH)
Tether (USDT)
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Solana (SOL)
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