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USDe
Ethena USDe price
EQAIb6...zP5f
$1.0012
+$0.00080036
(+0.08%)
Price change for the last 24 hours
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USDe market info
Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Market cap = Circulating supply × Last price
Network
Underlying blockchain that supports secure, decentralized transactions.
Circulating supply
Total amount of a coin that is publicly available on the market.
Liquidity
Liquidity is the ease of buying/selling a coin on DEX. The higher the liquidity, the easier it is to complete a transaction.
Market cap
$29.91M
Network
TON
Circulating supply
29,876,937 USDe
Token holders
0
Liquidity
$9.15M
1h volume
$64.59K
4h volume
$251.04K
24h volume
$1.36M
Ethena USDe Feed
The following content is sourced from .
0xMoon
USDD has become the second largest stablecoin in TRON, ranking eighth among stablecoins on the entire network
You should remember that when USDD was first born, there were doubts, and now half a year has passed, from 20%, 10%, 8% to the current 6% APY, in fact, I have been digging hard for half a year, and today I accidentally found that USDD is already the second largest stablecoin in TRON, and both market capitalization and holders have steadily won the second.
As can be seen from the TRON data, there are currently about 430,000 holders of USDD on the TRON network and are steadily increasing.
As can be seen from CoinMarketCap data, USDD currently ranks eighth among stablecoins on the entire network and third among decentralized stablecoins, after DAI and USDe.
By the way, the seventh phase of the event has recently started, you can start to participate, 6% stable APY, very fragrant, based on the PSM module without any worries at all.
@justinsuntron @usddio_cn #TronEcoStar
Show original
10.98K
15
Mercy
Not long ago, Pendle's CEO TN @tn_pendle was invited to our office for a discussion interview on the future of DeFi and RWA, and we discussed:
▪️The future of DeFi
▫️TN believes that as more capital flows in, DeFi will show larger-scale applications that may even be more useful than we currently imagine.
▫️ Regarding yield tokenization: It refers to the transformation of future income streams into tokens that can be traded on the chain, which not only empowers the value of assets but also provides more controllable and considerable returns for the market and users while unlocking each asset yield transaction.
▫️ About options: Although options are very important in the financial sector, there is room for growth and improvement as there are no successful penetration cases on the chain that have been successfully implemented.
▪️ About stablecoins
▫️ Stablecoins are one of the most prominent use cases for crypto assets because they are a way to transfer money far superiorly over traditional transfers. Many projects offer stablecoin products and innovate around stablecoin yields.
▫️DeFi protocols attract users by offering attractive stablecoin yields, such as 5%-10% yield on USDe. The main driving force behind this strategy is the strong pursuit of yield incentives by institutions and individuals, as holding traditional stablecoins often does not yield high stable returns.
▪️The Rise of RWAs:
▫️ In terms of product development of RWA tokenization, the possible product life cycle model is slow at first, driving growth through continuous iteration of products, eventually reaching a critical point, and then entering the stage of explosive growth.
TN is really a very good and gentle founder, after the interview, he sent him away, he was going to help call a taxi, he looked at his watch and said that this point should be very congested, I will just take the subway, there is a subway station next to your company. I am very happy to be able to communicate with this kind of low-key and high-profile industry builder~
1.43K
15
MJ
A solid uptrend start for Ethena. Still a lot of fuel for higher imo.
Updates-
> Px just put in a fresh ~23wk high. First break of 200dma since February
> x3 Crypto bills just all passed in the US in the same wk. Particularly bullish for projects like Ethena focused on Stablecoins / Defi / bringing Tradfi onchain (Converge)
> In px discovery on Upbit (recently listed). Korean markets remain in a stablecoin bubble
> First time in 6 months average funding across $BTC + $ETH have broken above baseline funding at 11%. USDe yields are on the up, enhancing $ENA utility
> A major seed investor + advisor has been buying more coin on the open market
> Ethereum is gathering serious momentum. $ENA clearly proving it is a leading beta play, up ~75% in 10 days (vs $ETH up ~35% over same period)
> Converge catalyst now imminent
MJ
$ENA
Fundamentals are looking v strong here alongside px at htf range lows. In my view, this one performs v well through q3/q4.
> Big beneficiary from the new US pro crypto legislation coming out in H2
> $ENA resides at the core of three interwoven narratives that I believe will dominate mindshare in the crypto market for the coming months: Defi, Stablecoins, RWA
> Catalyst 1 (Q3): launch of Converge. A new RWA blockchain designed to integrate TradFi + DeFi by facilitating tokenized RWAs & stablecoin-based transactions. The chain will be backed by Ethena + Securitize’s ~$10 bn in assets. $ENA will be the sole central token used in the Converge eco, enhancing token utility
> Catalyst 2 (Q3): fee switch activation. Already approved, in the final stages of implementation. Risk Committee recently stated that Ethena is in a strong position to begin directing a portion of protocol revenue to sENA holders. Ethena generated c$350m in fees for the 12 months ending June 2025
> Direct beneficiary of expected cuts in US interest rates over H2. Unlike USDT or USDC, which rely on Treasury yields, USDe’s yield comes from delta-neutral strategies. Lower interest rates will reduce competitors’ yields but boost Ethena’s yields (through increased funding rates in crypto derivative markets)
> Im bullish on $ETH for H2, particularly given clear emergence of the treasury narrative - Ethena is a tier 1 beta play
Addressing ongoing unlocks:
1. Now linear flat monthly unlocks over H2 2025 - no increases in number of tokens/month or cliff events
2. Significant token utility enhancements coming soon w above mentioned catalysts
3. Circulating supply now stands at 43%
4. Last private sale round ($100m) was at $0.40c in Dec 2024
5. Tokens w unlocks can still perform well - you just need to time your positioning
End.
11.14K
31
USDe price performance in USD
The current price of ethena-usde is $1.0012. Over the last 24 hours, ethena-usde has increased by +0.08%. It currently has a circulating supply of 29,876,937 USDe and a maximum supply of 29,876,937 USDe, giving it a fully diluted market cap of $29.91M. The ethena-usde/USD price is updated in real-time.
5m
-0.01%
1h
+0.00%
4h
-0.01%
24h
+0.08%
About Ethena USDe (USDe)
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USDe FAQ
What’s the current price of Ethena USDe?
The current price of 1 USDe is $1.0012, experiencing a +0.08% change in the past 24 hours.
Can I buy USDe on OKX?
No, currently USDe is unavailable on OKX. To stay updated on when USDe becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of USDe fluctuate?
The price of USDe fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Ethena USDe worth today?
Currently, one Ethena USDe is worth $1.0012. For answers and insight into Ethena USDe's price action, you're in the right place. Explore the latest Ethena USDe charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Ethena USDe, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ethena USDe have been created as well.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.