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Coins Base Native Ethena USDe

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

Ethena USDe

Ethena USDe

USDERank #25Base Native
PEG HEALTH On peg 100
0.010% from peg target
$0.99989857 ↑ 0.01% Updated Aug 27, 2026 22:34 · CoinGecko
Market cap$4.05B
Market dominance0.15%
Volume (24h)$40.80M
Circulating supply4.05B USDE
FDV$4.05B

Ethena USDe Price Chart

TradingView · Binance · USDE/USDT
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Peg Health Analysis

Why Ethena USDe is on peg

Ethena USDe is trading close to its configured peg target. The score measures observed price stability, not reserve quality, issuer solvency, or redemption access.

ON PEG100/100100% data coverage
Peg Deviation
NOW$0.99989857-0.010%
-3%Target $1.00+3%
Health Factors
Current deviation50% weight100 / 100
Snapshot stability35% weight100 / 100
Resilience10% weight100 / 100
Volume stress5% weight95 / 100
Deviation Evidence
NOW-0.010%Distance from peg
24H-0.018%Distance from peg
7D-0.010%Distance from peg
30D-0.110%Distance from peg
1Y-0.010%Distance from peg
Market context · not directly scored
24h volume$40.80M
Market cap$4.05B
Circulating supply4.05B USDE
How Peg Health is calculated
What it measures

The model scores current peg deviation, reconstructed snapshot stability, worst observed deviation, and 24h turnover. It measures market-price stability only.

Configured model weights
Current deviation50%
Snapshot stability35%
Resilience10%
Volume stress5%
How to read it

90–100 is on peg, 70–89 is watch, 40–69 is stressed, and below 40 is depegged. Missing evidence reduces data coverage instead of counting as neutral.

Ethena USDe Market Performance

1 hour0.00%
24 hours0.01%
7 days0.00%
30 days0.10%
1 year0.00%
ATH vs current-3.30%

Ethena USDe Markets

6 exchanges · sorted by liquidity
#ExchangePairPriceVolume (24h)Liquidity
1
MEXC
USDE/USDT ↗$1.00$56.66K$1.89M
2
Bitget
USDE/USDT ↗$0.99999300$41.34K$1.71M
3
Binance
USDE/USDT ↗$0.99999300$1.01M$1.23M
4
Gate
USDE/USDT ↗$0.99969300$60.52K$1.03M
5
Bybit
USDE/USDT ↗$0.99999300$3.23M$1.01M
6
KuCoin
USDE/USDT ↗$1.00$15.00K$6.57K

About Ethena USDe

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

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the-open-network
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zksync
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blast
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arbitrum-one
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manta-pacific
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morph-l2
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robinhood
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scroll
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zircuit
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Ethena USDe FAQs

Ethena USDe Market Data

What is the price of Ethena USDe today?

As of Aug 27, 2026, Ethena USDe trades at $0.99989857.

What is the market cap of Ethena USDe?

Ethena USDe has a market capitalization of approximately $4,048,899,088.00.

What is the 24-hour trading volume of Ethena USDe?

Ethena USDe has a 24-hour trading volume of approximately $40,802,659.00.

What is the all-time high of Ethena USDe?

Ethena USDe reached an all-time high of $1.03, recorded on Dec 9, 2025. The current price is approximately 3.30% below its all-time high.

What is the all-time low of Ethena USDe?

Ethena USDe recorded an all-time low of $0.92948600, recorded on Oct 4, 2024. The current price is approximately 7.58% above its all-time low.

What is the circulating supply of Ethena USDe?

The current circulating supply of Ethena USDe is 4,049,309,817 USDE.

Market, project and exchange-pair data provided by CoinGecko and served through backend cache. Editorial overrides, FAQs and related news come from this website.