Ethena USDe Price USDE
Rank #27Ethena USDe Price Chart
Ethena USDe Market Statistics
Ethena USDe Price Performance
| Period | 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|---|
| Change | +0.00% | -0.00% | -0.00% | -0.02% | -0.03% | -0.04% |
About Ethena USDe
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Categories: Stablecoins · USD Stablecoin · BNB Chain Ecosystem · Solana Ecosystem · Avalanche Ecosystem · Arbitrum Ecosystem
How Ethena USDe Works
Ethena USDe (USDE) is a decentralized stablecoin designed to maintain a 1:1 peg with the US dollar through a combination of derivatives and collateralization strategies.
The project aims to provide a scalable and capital-efficient stablecoin solution by utilizing a dual-token system, where USDE is the stablecoin and the governance token ETHENA is used to manage the protocol and incentivize liquidity provision.
What Moves the Ethena USDe Price
The supply of USDE is influenced by the demand for decentralized stablecoins and the protocol's ability to maintain its peg through various market conditions.
Adoption is driven by the integration of USDE across multiple blockchain ecosystems, including BNB Chain, Solana, Avalanche, and Arbitrum, which expands its use cases in decentralized finance (DeFi) applications.
Market conditions, such as interest rates and overall crypto market sentiment, can affect the demand for stablecoins like USDE.
Regulatory developments related to stablecoins and decentralized finance can also impact the adoption and use of USDE.
The stability and security of the underlying mechanisms, such as the collateralization ratio and the effectiveness of the derivatives strategy, are crucial for maintaining user trust and demand.
Ethena USDe Tokenomics & Supply
Ethena USDe has a circulating supply of 4,910,641,052 USDE with no fixed maximum supply, and a total supply of 4,910,641,052 USDE. Its fully diluted valuation is $4.91B.
Where to Buy Ethena USDe
You can buy Ethena USDe (USDE) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, USDE is also available via local exchanges and P2P — see our USDE in naira page. Always compare fees and use reputable platforms.
Ethena USDe in Other Currencies
Related Cryptocurrencies
Ethena USDe FAQ
What is the price of Ethena USDe today?
As of Mon, 05 Oct 2026 07:00:03 UTC, Ethena USDe (USDE) is trading at $0.9996, down 0.00% over the last 24 hours. Its market capitalization is $4.91B, ranking it #27 among all cryptocurrencies.
What is Ethena USDe's market cap?
Ethena USDe has a market capitalization of $4.91B (rank #27), calculated as its circulating supply of 4,910,641,052 USDE multiplied by the current price of $0.9996.
What is the all-time high of Ethena USDe?
Ethena USDe's all-time high is $1.03, reached on Dec 9, 2025. At $0.9996 today, it is 3.3% below that peak.
How many USDE are there?
Ethena USDe has a circulating supply of 4,910,641,052 USDE with no fixed maximum supply, and a total supply of 4,910,641,052 USDE.
Will Ethena USDe go up? Is it a good investment?
No one can reliably predict whether Ethena USDe will rise or fall — anyone promising guaranteed USDE returns is not trustworthy. Ethena USDe is an established asset, but all crypto is volatile. Research it yourself and only risk what you can afford to lose. This is not financial advice.
Where can I buy Ethena USDe?
You can buy Ethena USDe (USDE) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, USDE is also available via local exchanges and P2P — see our USDE in naira page. Always compare fees and use reputable platforms.
How does Ethena USDe maintain its peg to the US dollar?
USDE maintains its peg through a combination of derivatives and collateralization strategies, which are designed to ensure stability even during volatile market conditions.
What is the role of the ETHENA governance token?
The ETHENA token is used for governance of the protocol, allowing holders to vote on proposals and changes to the system. It also incentivizes liquidity provision and helps secure the network.
Which blockchain networks support Ethena USDe?
USDE is supported on multiple blockchain ecosystems, including BNB Chain, Solana, Avalanche, and Arbitrum, which allows for broader integration and use in various DeFi applications.
Data from CoinGecko & Binance, source-stamped above. Information only — not financial advice. Crypto is volatile and high-risk.