USDe USDe

1 · Ethereum Ecosystem · Hyperliquid Ecosystem · Stablecoins · USD Stablecoin

USDe is a synthetic dollar stablecoin issued by Ethena Protocol. It is used as collateral in DeFi applications and for earning yield through staking. The protocol maintains the dollar peg by holding spot crypto assets as collateral while taking offsetting short positions in derivatives markets, creating a market-neutral position that allows USDe to capture funding rate yields without directional price exposure.

Full contract · 10x4c9edd5852cd905f086c759e8383e09bff1e68b3

Current main pool age1029 daysPool creation time 2023-11-14 16:32:35 UTC

Current price$0.99977718+0.01% · 24h

Circulating market cap$4.44B

Fully diluted valuation$4.46B

Total token liquidity$6.84M

24h volume$51.07M

Holder address count47.45KAddress count, not unique users

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24h change +0.01% · 24h volume $51.07M · Total token liquidity $6.84M

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