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- Ethena USDe
| Token | Price $ | Age | TVL | Mkt Cap | TXS | VOL | 5M | 1H | 4H | 24H | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $0.9984 | - | $52M | $648M | 7 | 915К | 0% | 0% | 0.03% | -0.01% | ||
| 2 | $1 | - | $35M | $2.29B | 32 | 2.9M | 0% | 0.00% | 0.04% | 0.03% | ||
| 3 | $1 | - | $31M | $2.29B | 2 | 2.5К | 0% | 0% | 0.03% | 0.13% | ||
| 4 | $0.9999 | - | $18M | $2.29B | 11 | 884К | 0% | 0% | 0.03% | 0.05% | ||
| 5 | $1 | - | $12M | $2.29B | 123 | 3.5M | -0.02% | -0.00% | 0.06% | 0.05% | ||
| 6 | $0.9994 | - | $10M | $52M | 1 | 92К | 0% | 0% | 0% | 0.06% | ||
| 7 | $0.9942 | - | $ 3.3M | $15M | 2 | 2.2К | 0% | 0% | 0% | 0.02% | ||
| 8 | $1 | - | $ 2.6К | $2.30B | 2 | 58 | 0% | 0% | -0.05% | 0.85% | ||
What is Ethena USDe (USDE)?
Ethena USDe (USDe) emerges as a groundbreaking synthetic dollar stablecoin protocol built on the Ethereum blockchain, offering a crypto-native alternative to traditional banking systems. This innovative platform introduces a globally accessible dollar-denominated savings instrument known as the 'Internet Bond,' alongside a censorship-resistant, scalable, and stable crypto-native solution for money through its synthetic dollar, USDe. USDe is designed to be fully backed transparently on-chain, providing users with a stable and reliable digital asset that can be freely utilized throughout the decentralized finance (DeFi) ecosystem. The protocol achieves stability through delta-hedging staked Ethereum collateral, ensuring the peg stability of USDe. Additionally, USDe leverages delta hedging derivatives positions and a mint and redeem arbitrage mechanism to maintain its peg against protocol-held collateral. Delve into the intricate technology and details behind Ethena USDe, exploring its innovative approach to creating a crypto-native 'bond' that combines yield from staked Ethereum with funding and basis spread from perpetual and futures markets. This unique approach positions USDe as a dollar-denominated savings instrument for users in permitted jurisdictions, offering a new paradigm in the digital asset space.
Ethena USDe (USDE) price statistics
As of May 8, 2024, the current price of the USDE token on DEX markets is $1, with a total DEX liquidity TVL of $30.9M. The USDE token trades on 1 blockchains and 12 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 868 trades (TXNS) with a trading volume of $52,456,411.62.
Frequently Asked Questions
What is the DEX daily trading volume of Ethena USDe (USDE)?
The total 24-hours trading volume on all DEX exchanges for USDE token is $52,456,411.62.
What is the DEX TVL (Total Value Locked) of Ethena USDe (USDE)?
The total DEX TVL of Ethena USDe (USDE) is $161.62M in the last 24 hours.
What blockchain is the token USDE launched on?
The Ethena USDe USDE token is launched on the Ethereum.
What is the exchange rate of 1 USD to USDE?
DEX exchange rate of 1 USDE to USD is $0.9998 as of 9:58 AM UTC.
How much USDE can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 1.000228522410983 USDE for 1 USD.
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