Market Data
USDe (USDe)
Synthetic dollar backed by delta-neutral positions using staked ETH and perpetual futures hedging.
Price
$1.00
Market Cap
$4.5B
24h Volume
$153.5M
24h Change
+0.08%
EthereumArbitrumBaseIssued by Ethena Labs
Reserve Composition
Delta-neutral strategy: long staked ETH + short ETH perpetual futures. Peg maintained via arbitrage.
Staked ETH (stETH, mETH)50%
Short ETH Perp Futures50%
Total Collateral: $5B
Collateral Ratio: 110%
Yield Comparison
Top APY opportunities for USDe
All Yield Opportunities
14 opportunities found
Pendlevault
USDEEthereum
APY
16.71%
30d avg 16.37%
TVL
$5.1MMorpho Bluevault
USDEEthereum
APY
16.45%
30d avg 10.08%
TVL
$16.2MPendlevault
USDEEthereum
APY
14.95%
30d avg 14.89%
TVL
$5.1MStratavault
USDEEthereum
APY
9.45%
30d avg 6.87%
TVL
$9.6MPendlevault
USDEEthereum
APY
8.07%
30d avg 7.63%
TVL
$2.2MPendlevault
USDEEthereum
APY
7.94%
30d avg 6.57%
TVL
$2.2MAave V3lending
USDEEthereum
APY
5.20%
30d avg 5.09%
TVL
$122.7MPendlevault
USDEEthereum
APY
4.49%
30d avg 4.69%
TVL
$11MPendlevault
USDEEthereum
APY
4.41%
30d avg 4.18%
TVL
$9.5MPendlevault
USDEEthereum
APY
4.24%
30d avg 4.72%
TVL
$9.5MAave V3lending
USDEEthereum
APY
3.86%
30d avg 2.66%
TVL
$266.7MPendlevault
USDEEthereum
APY
3.65%
30d avg 4.12%
TVL
$11MStratavault
USDEEthereum
APY
3.45%
30d avg 3.35%
TVL
$63.5MMorpho Bluevault
USDEEthereumFlagged
APY
23.86%
30d avg 12.62%
TVL
$1.6M