Ethena USDe (USDE) Price and Market Data

Explore real-time Ethena USDe (USDE) price information, market cap, trading volume, and price changes. View the live price chart, read our in-depth analysis, and stay updated with the latest Ethena USDe news and market trends.

Ethena USDeUS
Ethena USDe
USDE

Price

$1.0000
+0.01% since yesterday
NaN% since last week

Market Cap

$4.065B
NaN% since yesterday

Volume & Range

N/A

All-Time High

N/A
Ethena USDe price chart+0.01%
Ethena Labs is a decentralized finance (DeFi) protocol on Ethereum whose main product is USDe, a synthetic stablecoin backed by the US dollar. It aims to be a sort of "Internet bond" with a specific collateral mechanism secured by the cryptocurrencies stETH, WBETH, mETH, WETH, and USDT. Specifically, when a user deposits any of these cryptocurrencies, the protocol opens an equivalent "short" position to hedge against potential declines.

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