Among non-USD-pegged stablecoins, Ethena USDe currently holds the largest supply, with a current supply exceeding $12 billion. This stablecoin is collateralized by a variety of hedged crypto assets, such as BTC and ETH, as well as its native stablecoin. Ethena, the protocol behind USDe, is the third-largest and fastest-growing USD-denominated crypto asset in history. Ethena currently has over $14 billion in total value locked (TVL) and one of the largest user bases among DeFi protocols. It is also integrated with some of the largest centralized exchanges and numerous DeFi applications.
Ethena USDe Price
$ 1.0004(--)
USDE Price Chart
No Data
Ethena USDe Market Information
- $1.0340
- --
- --
- --
- 25
- 191,185,330.68
- $3.87B
- 3,877,091,962.54
About Ethena USDe
Information
| Issue Date | -- | Initial Offering Price | -- |
|---|---|---|---|
| Max Supply | -- | Circulating Supply | 3,877,091,962.54 |
| Listed Exchanges | 8 | Incentive Mechanism | -- |
| Encryption Algorithm | -- |
Ethena USDe Price History
| Time | Change | High | Low |
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| 24H | -- | -- | -- |
| 7D | -- | -- | -- |
| 30D | -- | -- | -- |
| All | -- | -- | -- |
Ethena USDe News

Stablecoin Market Drops $10B, Analysts Downplay Concerns
The total market capitalization of stablecoins has fallen by $10 billion since May 2026, with a $7.7 billion decline occurring in June 2026 alone.Sherry Cantwell
New SEC Crypto Rule to Cut Red Tape for Startup Fundraising
The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.Martha Grizzard
White House Admits Federal Bitcoin Fund is Still Delayed
The establishment of the Strategic Bitcoin Reserve has run into severe internal friction regarding which cabinet-level agency holds authority over the asset.Martha Grizzard
Learn

What Is Cross-Chain Interoperability? How Does It Function?
Cross-chain interoperability is the technological capability of independent blockchain networks to securely exchange assets, data, and functional instructions without central intermediaries.Jerry McNeill
What is OUSD? How Does Open USD Work for Digital Payments?
OUSD is a U.S. dollar-pegged stablecoin managed by Open Standard, a consortium of over 140 companies including Visa, Mastercard, and BlackRock, aimed at creating neutral payment infrastructure.Wayne Ingram
What Are Keyloggers? How Do They Drain Your Crypto?
A keylogger is a specialized form of spyware designed to systematically record every keystroke pressed on a compromised device.Wayne Ingram
Frequently Asked Questions
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