Assets

Price history

2023-12-14 to 2026-09-22 · 1011 days
First
$0.99744
Last
$0.999721
Low
$0.989589
High
$1.03

Funding history

2026-09-11 to 2026-09-23 · 2 markets · 310 settlements

Spot

12
Spot for Ethena USDe
VenueMarketLastBidAskSpreadVolume 24h
Binance · Spot USDE/USDC USDEUSDC 0.9997 0.9997 0.9998 0.0100% 1.97M
Binance · Spot USDE/USDT USDEUSDT 1.00 1.00 1.00 0.0100% 18.29M
Bitget · Spot USDE/USDC USDEUSDC 0.9994 0.9994 0.9997 0.0300% 108.55K
Bitget · Spot USDE/USDT USDEUSDT 1.00 1.00 1.00 0.0100% 485.78K
Bybit · Spot USDE/USDC USDEUSDC 0.9999 0.9998 1.00 0.0200% 4.14M
Bybit · Spot USDE/USDT USDEUSDT 1.00 1.00 1.00 0.0100% 21.07M
Hyperliquid · Spot USDE/USDC USDE/USDC:150 0.9995 0.9996 0.0100% 0.00
Kraken · Spot USDE/EUR USDEEUR 0.8737 0.8751 0.8755 0.0457% 88.43K
Kraken · Spot USDE/USD USDEUSD 0.9997 0.9997 0.9998 0.0100% 249.49K
Kraken · Spot USDE/USDC USDEUSDC 0.9998 0.9997 0.9998 0.0100% 72.6K

Earn

3 products
The best earn products for Ethena USDe, by APR
PlatformAPRDurationTags
Deribit 4.75% Flexible
Minimum No minimum Maximum No maximum
Put in 1,000.00 USDE~$999.78 an example amount You'd earn 47.5 USDE~$47.49 in a year, if the rate holds
KuCoin 4.75% Flexible
Minimum 1.00 USDE ~$1 Maximum 5,000,000.00 USDE ~$4,998,878.24
Put in 1,000.00 USDE~$999.78 an example amount You'd earn 47.5 USDE~$47.49 in a year, if the rate holds
Bitget 1.37% Flexible
Minimum 0.00 USDE ~$0 Maximum 125,000.00 USDE ~$124,971.96
Put in 1,000.00 USDE~$999.78 an example amount You'd earn 13.7 USDE~$13.7 in a year, if the rate holds

Transfers

About Ethena USDe

USDe is the synthetic dollar of the Ethena protocol, designed to maintain dollar-like value using crypto collateral and hedged derivatives positions rather than conventional bank reserves. It is a crypto-native stable-value asset built around on-chain funding and basis mechanics. USDe is central to Ethena's dollar infrastructure and yield-bearing product stack.