Ethena USDe
(USDE)$ 0.99
0.058 % (24H)Ethena USDe Data
Price Range (24H)
Lowest
$ 0.99
Highest
$ 1.00025
ATH
$ 1.084
Price Change (24h)
0.058 %
Price Change (7d)
0 %
Market Cap
$ 5.74 B
24h Volume
$ 10,769,400
Circulating Supply
5.82 B
Max Supply
-1
Ethena USDe Overview
Ethena USDe (USDE) is a synthetic dollar stablecoin built on the Ethereum blockchain that utilises a delta hedging strategy with ETH as collateral to maintain its dollar peg. It supports a novel financial instrument called the 'Internet Bond', offering a yield-generating opportunity. The project is spearheaded by Ethena Labs and has received substantial backing from notable investment figures.