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% | -3.03% | -5.75% | +2.48% | 2.559b | ||
| LayerZero | 100% | +0.18% | +2.09% | +76.56% | 545.06m | |
| 100% | -4.20% | +6.53% | -7.77% | 495.02m | ||
| LayerZero | 100% | -0.05% | -0.17% | +14.37% | 393.19m | |
| LayerZero | 100% | +1.71% | +5.75% | +13.56% | 367.8m | |
| 100% | +0.00% | -9.58% | +2.76% | 168.73m | ||
| LayerZero | 100% | +44.70% | +39.72% | +5.38% | 98.73m | |
| LayerZero | 100% | +3.04% | +2.24% | +41.27% | 83.38m | |
| LayerZero | 100% | >-0.0001% | +0.01% | -0.03% | 78.4m | |
| LayerZero | 100% | -1.29% | +3.44% | +11.48% | 13.22m | |
| 100% | -0.06% | +16.54% | +65.58% | 8.37m | ||
| LayerZero | 100% | +0.00% | -3.23% | -15.43% | 7.49m | |
| LayerZero | 100% | +0.39% | -7.56% | -52.04% | 1.94m | |
| LayerZero | 100% | -0.17% | -23.33% | -23.38% | 712,406.92 | |
| LayerZero | 100% | <0.0001% | <0.0001% | -9.99% | 336,276.12 | |
| LayerZero | 100% | -0.00% | -0.01% | -0.01% | 78,421.58 | |
| LayerZero | 100% | +0.00% | +0.00% | -0.31% | 66,721.33 | |
| LayerZero | 100% | -0.00% | -0.04% | +5.99% | 65,086.71 | |
| LayerZero | 100% | -0.00% | -8.47% | +24.24% | 28,875.55 | |
| LayerZero | 100% | -0.14% | -0.14% | +90.98% | 25,116.07 | |
| 0.00% | +0.00% | +0.00% | +0.00% | 21,072.21 | ||
| LayerZero | 100% | -0.00% | -0.00% | -0.90% | 6,486.86 | |
| LayerZero | 100% | -0.00% | -0.00% | -0.00% | 2,568.99 |