USDE

Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. Ethena's synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi.

Name USDE

Rank No.23

Market Cap $0.00

Fully Diluted Market Cap $0.00

Market Share 0.0018%

Trading Vol/Market Cap (24H) 1.75%

Circulation Supply 4,505,302,542.15713448

Max Supply ∞

Total Supply 4,505,302,542.15713448

Circulation Rate %

Issue Date --

The price at which the asset was first issued --

All-Time High 1.0349343344668251, 2024-02-17

Lowest Price 0.9772661240254116, 2024-02-19

Public Blockchain USDE

Introduction Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. Ethena's synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi.

Sector

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Fund Flow Analysis

etfindex:mc_etfindex_source Disclaimer: Data provided by cmc and should not be considered as investment advice.