Stablecoin Information
Ethereum enabled crypto-native synthetic dollar which provides an embedded yield to users and achieves price stability through delta-neutral hedging across centralized and decentralized venues
Category:crypto-backed
Minting and Redemption
Ethena enables users to deposit either USD, Ethereum or liquid staking tokens as collateral to create USDe. Stability is ensured through delta-neutral hedging process across centralized and decentralized exchanges.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +1.56% | +6.16% | +18.30% | 2.63b | ||
| 100% | -0.74% | -1.29% | -1.69% | 528.97m | ||
| LayerZero | 100% | +6.21% | +27.01% | +301% | 392.41m | |
| LayerZero | 100% | +3.07% | +6.38% | +2.07% | 364.22m | |
| LayerZero | 100% | +0.31% | +1.61% | +14.21% | 327.59m | |
| 100% | +0.88% | +6.96% | +30.89% | 171.82m | ||
| LayerZero | 100% | -0.85% | +15.80% | +26.66% | 81.7m | |
| LayerZero | 100% | >-0.0001% | +0.02% | -53.46% | 78.43m | |
| LayerZero | 100% | -1.45% | +1.47% | -3.09% | 60.28m | |
| LayerZero | 100% | +0.09% | +0.58% | -5.64% | 11.91m | |
| LayerZero | 100% | -0.96% | -1.32% | -43.53% | 8.76m | |
| LayerZero | 100% | +1.88% | +26.91% | +374% | 5.73m | |
| LayerZero | 100% | +0.00% | -0.62% | +117% | 4.02m | |
| LayerZero | 100% | >-0.0001% | -0.05% | -0.00% | 929,244.63 | |
| LayerZero | 100% | >-0.0001% | +0.27% | -1.35% | 374,581.77 | |
| LayerZero | 100% | -0.00% | +0.00% | -0.11% | 78,431.58 | |
| LayerZero | 100% | -0.00% | -0.23% | -0.28% | 66,926.65 | |
| LayerZero | 100% | +0.00% | +0.00% | -9.65% | 61,406.77 | |
| LayerZero | 100% | -8.40% | +15.06% | +4.55% | 26,741.95 | |
| 0.00% | +0.00% | +0.00% | -1.20% | 21,072.21 | ||
| LayerZero | 100% | +0.00% | +0.00% | -3.71% | 13,151.08 | |
| LayerZero | 100% | +0.00% | +0.00% | -6.03% | 6,546.17 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |