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Ethena USDe Price

Ethena USDe Price (USDE)

Contract Address: 0x4c9e...1e68b3
$0.9996046+0% in the past 24 hrs
Page last updated: 10/26/26, 3:44 AM (UTC)

Ethena USDe Market Stats in USD

Popularity
#19
Market Cap
$4.6B
Volume (24hours)
$12.8M
Circulation Supply
4.6B
Total Maximum Supply
--
Fully Diluted Market Cap
$4.6B
Ethena USDe Resources
Official Ethena USDe Website
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Ethena USDe Price
USDE
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Rate
1 USDE ≈ USD 0.9996046
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Price of Ethena USDe Today in USD

The live Ethena USDe price today is $0.9996046 USD. Track the latest USDE to USD price, 24-hour price movement, market capitalization and trading volume in real time. Ethena USDe price has changed by +0% over the past 24 hours, with a circulating supply of 4.6B.

Ethena USDe Price History

24H
7D
1M
3M
1Y

All Time High

$1.03

Current

$0.9996046

24H High

$0.9998972

24H Low

$0.9994654

24H Change

+0%

Ethena USDe (USDE) to USD Conversion Calculator

USDE/USD conversion rates
0.1 USDE
$0.0999605
1 USDE
$0.9996046
10 USDE
$10
100 USDE
$99.96
0.5 USDE
$0.4998023
2 USDE
$2
5 USDE
$5
50 USDE
$49.98
200 USDE
$199.92
500 USDE
$499.8
USD/USDE conversion rates
$100
100.03955478 USDE
$1,000
1,000.39554779 USDE
$10,000
10,003.95547793 USDE
$100,000
100,039.55477925 USDE
$200
200.07910956 USDE
$500
500.1977739 USDE
$2,000
2,000.79109559 USDE
$5,000
5,001.97773896 USDE
$20,000
20,007.91095585 USDE
$50,000
50,019.77738963 USDE
(Use our USDE to USD conversion table to check how much Ethena USDe is worth in US dollars at the current live rate).

Crypto Market Sentiments

Fear & Greed Index

43
Fear
Extreme Fear
Fear
Greed
Extreme Greed

How do you feel about Ethena USDe today?

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Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 USDE worth $0
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Why Is Ethena USDe (USDE) Up Today?Powered by AI
20 minutes ago

USDe held flat at $1.0009 (+0.0%) over 24h, demonstrating strong peg stability amid cross-chain expansions.

What's Driving Ethena USDe's Price?

  • Peg stability (High): Maintained tight dollar parity between $1.0007 and $1.0010 → delta-hedged reserves preserving synthetic peg equilibrium
  • Ecosystem integration (Medium): Native deployment on an external network with money market looping → stimulated localized liquidity and borrowing demand
  • Spot capital flows (Low): Modest hourly net inflows peaked at ~$100.4K → balanced by distributed order books without dislocating prices
Not advice. Information provided on an “as is” basis, without endorsement representation or warranty. Please DYOR.

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What Can You Do With Ethena USDe (USDE)?

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Why Use Binance to Track Ethena USDe Price?

Real-time Ethena USDe market data

Track live USDE price movements, market cap, trading volume, and other key metrics to stay informed about Ethena USDe market activity.

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Why KYC Verification is Important for Buying and Selling Ethena USDe

KYC (Know Your Customer) verification is required to buy, sell, and trade Ethena USDe securely on Binance. KYC standards are required to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. Learn more about how to verify your account on Binance.

People Also Ask: Other Questions About Ethena USDe

What is 1 Ethena USDe Price in USD today?

The live Ethena USDe price today is $1 USD per USDE. Binance updates the USDE/USD price in real time based on current market data.

How much is 1 Ethena USDe in USD?

One Ethena USDe is currently worth $1 USD. Since the USDE price changes throughout the day, the USD value of 1 USDE will also change.

How is the Ethena USDe price in USD calculated?

The Ethena USDe price in USD reflects current USDE trading activity across cryptocurrency markets. Binance displays a live reference price based on available market data and updates it as market conditions change.

What affects the USDE to USD price?

The USDE to USD price is influenced by supply and demand, market liquidity, investor sentiment, macroeconomic conditions, regulatory developments and activity across global crypto markets.

How is the price of Ethena USDe (USDE) calculated on Binance?

The price of Ethena USDe (USDE) on Binance is based on live market data from active trading pairs involving Ethena USDe. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as USDE/USDT, USDE/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Ethena USDe.

Why does the price of Ethena USDe (USDE) change?

The price of Ethena USDe (USDE) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Ethena USDe increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Ethena USDe (USDE)?

The price of Ethena USDe (USDE) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Ethena USDe over time.

Why does the price of Ethena USDe (USDE) differ across crypto exchanges?

The price of Ethena USDe (USDE) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Ethena USDe (USDE), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Ethena USDe by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Ethena USDe (USDE)?

Circulating supply refers to the number of Ethena USDe tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Ethena USDe (USDE) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Ethena USDe price page and get notified when the target is reached.

Is Ethena USDe (USDE) a better investment than gold or silver?

Ethena USDe (USDE), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Ethena USDe is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Ethena USDe (USDE)?

The current price of Ethena USDe (USDE) is $1. Top cryptocurrency prices are updated in real-time on Binance’s price directory.

What is the Ethena Protocol?

Ethena is a synthetic dollar protocol built on Ethereum, offering a crypto-native solution for money that does not rely on traditional banking infrastructure. It also provides a globally accessible dollar-denominated instrument known as the "Internet Bond."

What Is Ethena USDe (USDe) Synthetic Dollar?

The USDe is a synthetic dollar issued by Ethena, aiming to provide a stable and scalable digital currency that mirrors the value of the US dollar. It is designed to function as a decentralized, crypto-native dollar that does not rely on traditional financial infrastructure.

What is Ethena USDe Used For?

The utility of USDe by Ethena Labs goes beyond being a simple dollar-pegged stablecoin. It offers stability (1:1 peg to USD) for DeFi activities but also generates high returns (over 33.5% APY) through its unique ETH and derivatives mechanism. As an ERC-20 token, USDe integrates with various DeFi platforms for lending, borrowing, and trading. Additionally, it's the backbone of Ethena Finance, allowing users to convert their ETH into yield-bearing USDe tokens.

What Makes USDe Different From Others?

Unlike many traditional stablecoins, USDe offers the potential for high returns. It achieves this by leveraging a mechanism that involves staking ETH (Ethereum) and managing derivatives. This approach allows USDe holders to earn an Annual Percentage Yield (APY) that currently sits above 33.5% (as of June 2024). The stability of the USDe peg is maintained through delta hedging derivatives positions against protocol-held collateral and a mint and redeem arbitrage mechanism.

About Ethena USDe (USDe)

USDe, created by Ethena Labs, is a dollar-pegged stablecoin launched in February 2014. Unlike traditional stablecoins backed by real-world assets like cash or gold, USDe utilizes a unique mechanism to maintain its peg: a combination of staking ETH (Ethereum) and managing derivatives on the Ethereum blockchain. This approach allows USDe to offer attractive returns to holders, with current Annual Percentage Yields (APY) exceeding 33.5% (as of June 2024).

Built on the Ethereum blockchain, USDe is an ERC-20 token, making it interoperable with various DeFi applications and protocols within the Ethereum ecosystem. Ethena Labs market USDe as a "synthetic dollar" designed for scalability, stability, and resistance to traditional financial censorship. The stability of the USDe peg is maintained through delta hedging derivatives positions against protocol-held collateral and a mint and redeem arbitrage mechanism.

Launched four months ago, the stablecoin surpassed the $3 billion market capitalization mark on June 2, 2024 to become the fourth-largest stablecoin. Ethena's founder, Guy Young, claims USDe achieved this milestone faster than any other USD-denominated crypto asset in history.

Ethena Labs, through USDe, aims to revolutionize the DeFi landscape with its Ethena Finance platform.This web-based interface allows users to transform their ETH holdings into a yield-generating synthetic dollar through USDe tokens. 

USDe sits at the core of the Ethena Protocol, powering the entire ecosystem by generating returns for participants. The live price of USDe is available and updated in real time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.