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Price
$0.9996
24h Change
-0.01%
24h Volume
$2,046,706
Market Cap
$535,294,089
Liquidity
$2,569,561
Holders
10,197

USDe Trading Pools

Exchange Pair Liquidity 24h Volume
Pump swap USDe/USDC Details $2,502,641 $0
Orca USDe/USDC Details $2,498,391 $0
Orca USDe/USDC Details $2,152,043 $0
Meteora DLMM USDe/USDC Details $1,518,827 $0
Raydium CLMM USDe/USDC Details $1,002 $0
Meteora USDe/USDC Details $471 $0
Orca USDe/USDC Details $202 $0
Orca USDe/USDC Details $197 $0
Raydium CLMM USDe/USDC Details $82 $0
Raydium CPMM USDe/USDC Details $81 $0
Pump swap USDe/USDC Details $71 $0
Meteora DLMM USDe/USDC Details $40 $0
Pump swap USDe/USDC Details $26 $0
Pump swap USDe/USDC Details $21 $0
Meteora USDe/USDC Details $20 $0
Raydium CLMM USDe/USDC Details $18 $0
Meteora damm v2 USDe/USDC Details $18 $0
Raydium CLMM USDe/USDC Details $12 $0
Orca USDe/USDC Details $8 $0
Pump swap USDe/USDC Details $5 $0

USDe Top Holders

# Address Balance % Supply
1 GuWEkEJb5bh8... 268,831,021,344,252,160 50.30%
2 6GjquP3CKxb9... 259,706,257,743,928,416 48.60%
3 5p58XYzEUuvc... 2,043,373,992,278,707 0.38%
4 Eo9fLk6KzPey... 1,252,593,206,978,437 0.23%
5 FXPopoKVLHeX... 1,248,630,019,495,743 0.23%
6 2QE3DepmF4ky... 655,786,979,624,605 0.12%
7 G6zaj7kdF6Ea... 100,001,414,206,216 0.02%
8 A1f1E8Qj4gY5... 99,995,461,007,686 0.02%
9 E3XK4k8SEw7X... 73,280,832,613,986 0.01%
10 8VaCHVccjAyj... 70,713,876,273,162 0.01%
11 BvzBQFPzFDJC... 35,294,846,424,559 0.01%
12 9ncbc4iV588o... 29,980,373,283,574 0.01%
13 HdSFkQJaKGZX... 24,000,551,873,120 0.00%
14 CWUa8gQvYAtH... 18,545,344,802,263 0.00%
15 AbRtbhDAf8BA... 15,318,493,457,459 0.00%
16 4UjxHz1PyU9D... 13,428,584,339,239 0.00%
17 AehMbbW2A6Yw... 11,690,830,965,953 0.00%
18 6WCULtNgYAy5... 11,635,978,936,405 0.00%
19 5i1Q36if3xTe... 10,169,579,686,556 0.00%
20 GddWiibVQRrn... 9,715,091,757,660 0.00%
21 9yGK7Rq9Kmhn... 8,304,339,754,367 0.00%
22 73a2yN8Qd4dN... 7,856,201,142,198 0.00%
23 GJFXMTxWdT4u... 7,810,645,600,000 0.00%
24 7w1K8sQBSHrw... 5,910,638,372,479 0.00%
25 CXdtH6EPjUfY... 5,732,474,138,530 0.00%

USDe Technical Analysis

Overall Signal Neutral
Indicator Value Signal
RSI (14) 40.26 Neutral
MACD $-0.000030 Bearish
Stochastic %K 10.78 Oversold
ADX (14) 20.89 Weak Trend
CCI (20) -119.56 Oversold
Williams %R (14) -83.99 Oversold

Moving Averages

Period SMA EMA
10-day $1.00 $1.00
20-day $1.00 $1.00
50-day $1.00 $1.00
100-day $1.00 $1.00
200-day $1.00 $1.0005

Bollinger Bands

Upper
$1.00
Middle
$1.00
Lower
$1.00
About USDe Asset & Project

USDe is a synthetic dollar stablecoin issued by Ethena Protocol. It is used as collateral in DeFi applications and for earning yield through staking. The protocol maintains the dollar peg by holding spot crypto assets as collateral while taking offsetting short positions in derivatives markets, creating a market-neutral position that allows USDe to capture funding rate yields without directional price exposure.

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Ethena
Digital Dollars for the Internet Economy

Ethena is a synthetic-dollar protocol issuing USDe, a capital-efficient


Founded: Mar 2023 Visit Website
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USDe

USDe news, features & analysis

Matched on exact token name, explicit ticker mentions, or direct content-token associations.

  1. Real World Assets (RWA) Article

    Re Protocol Launches reUSD on Solana, Backed by $510.5M Reinsurance Portfolio

    reUSD Yield: SOFR Plus 250 Basis Points, Benchmarked Against Ethena's sUSDe Rate ... reUSD's yield tracks whichever of two reference rates is higher: SOFR plus 250 basis points for capital deployed offchain as reinsurance collateral, or the seven-day trailing average of Ethena's sUSDe yield plus 250 basis points for capital held onchain, per the token documentation.

  2. DeFi Article

    Solana Stablecoin Market Cap Crosses $15 Billion as Alternative Supply Hits All-Time High

    Ethena's USDe holds [roughly $535 million in Solana supply as of July 20, per Solana Compass, but USD1 and USDG are the primary drivers of the category's new high.

  3. DeFi Article

    Solana Non-USDC/USDT Stablecoin Supply Hits $4.81 Billion All-Time High, Led by USD1 and USDG

    PYUSD, BUIDL, and USDe Round Out a $15 Billion Stablecoin Market on Solana ... DeFiLlama data shows PYUSDPYUSD (PayPal, $679.7M), BUIDL (BlackRock, $547.4M), USDeUSDe (Ethena, $536.7M), and USX from Solana-native protocol Solstice ($523.0M) each carrying material balances on the network.

  4. Real World Assets (RWA) Article

    Baillie Gifford Launches BAGEY, the First UK-Regulated Tokenized Bond Fund, Natively on Solana and Ethereum

    Centrifuge brought $200 million in AAA-rated CLO collateral to Solana in June as backing for Ethena's USDe (USDe).

  5. Real World Assets (RWA) Article

    Moody's Brings Machine-Readable Credit Ratings to Solana Through AlphaLedger's Token Integration Engine

    In June 2026, Centrifuge brought $200 million in AAA-rated CLO collateral to Solana as part of Ethena's collateral diversification program, the first structured credit product at that scale deployed on a public chain for a synthetic dollar protocol.

  6. Real World Assets (RWA) Article

    Securitize Brings STAC Tokenized CLO Fund to Solana as Ethena Plans $250M Allocation

    Securitize has expanded its Securitize Tokenized AAA CLO Fund (STAC) to the Solana blockchain, with Ethena planning to allocate $250 million to the fund as part of its strategy to diversify the collateral backing USDe (USDe). ... Ethena's Risk Committee approved the STAC allocation after evaluating four criteria: liquidity, credit quality, drawdown profile, and pricing transparency.

  7. Real World Assets (RWA) Article

    Solana RWA Sector Posts Sharpest June Acceleration Yet: $4.4B in Transfer Volume, 273K Holders

    On the fixed-income side, Centrifuge brought $200M in AAA-rated CLO collateral to Solana to back Ethena's USDe, adding investment-grade collateral to Solana's RWA mix for the first time at that scale.

  8. Real World Assets (RWA) Article

    Centrifuge Brings $200M in AAA-Rated CLO Collateral to Solana for Ethena's USDe

    The allocation, announced June 9, 2026, marks the first time Ethena has diversified USDe's collateral beyond crypto-native basis trades since the protocol launched. ... What JAAA Is and Why Ethena Wants It

  9. DeFi Article

    Solana Reaches 10% of Global USDC Supply as Circle Mints $500M in a Single Day

    The Galaxy Digital Q1 2026 report noted that Solana's stablecoin landscape was diversifying, with USDT growing 34% on the network in Q1 while newer entrants like Ethena's USDe crossed $500 million on Solana in mid-May.

  10. Lightspeed Podcast Summary 25 min read

    Why This Early Solana Investor Is Still All In | Viktor Fischer

    Where a modest ticket into an early L1 could generate thousand-fold returns, Fischer noted that successful investments now target billion-dollar fully diluted valuations—with genuinely successful outcomes like Ethena reaching ten billion. ... Traditional reinsurance generates 12% yields, and combined with USDe collateral generating 8%, protocols can offer 20% total returns.

USDe Price Today

The live price of USDe (USDe) is $1.00 today. In the past 24 hours, USDe is trading lower by 0.01%. 24-hour trading volume is $2.05M. Market cap is currently $535.29M. Available liquidity is $2.57M.

Trading volume is running at 0.80x liquidity, a practical depth check for live price analysis. Current holder data lists 10,197 wallets with a balance.

Holders and Token Distribution

Holder data currently lists 10,197 wallets with balances. The top 25 holders together control 99.98%, which adds context around exchange or treasury balances. The largest 10 holders account for 99.94% of supply, making distribution look highly concentrated.

Price Prediction and Technical Indicators

Technical indicators currently show Neutral with Medium confidence. MACD sits below signal, while the histogram reads -0.000028. Trend strength is muted with ADX at 20.9. The RSI reading is 40.3, giving a neutral reading. Price is currently below the 20-period EMA, which sits at $1.00.

Why Is USDe Down Today?

The token is trading lower today, with a 0.01% 24-hour decline. A move toward $1.00 would bring the lower Bollinger reference in focus.

USDe Price Prediction for Crypto Traders

For short-term price prediction, the setup looks neutral using technicals, volume and liquidity together. The lower Bollinger reference near $1.00 is the lower area to watch. The upper Bollinger reference near $1.00 is one upside level to watch. Crypto liquidity can change quickly, so this price prediction is a live snapshot rather than a fixed forecast.

Market Cap, Liquidity and Volume

Liquidity currently stands at $2.57M. Volume over 24 hours is 0.80x available liquidity, suggesting moderate turnover against available depth. The 24-hour turnover rate is 0.38% of market cap. At 0.48% of market cap, liquidity gives a helpful read on execution depth.

USDe 7-Day Price History

Date Open High Low Close Volume
2026-08-24 $1.00 $1.0204 $0.98 $1.00 $2,446,763
2026-08-23 $1.00 $1.0037 $0.99 $1.00 $3,358,118
2026-08-22 $1.00 $1.0197 $0.98 $1.00 $2,709,100
2026-08-21 $1.00 $1.0197 $1.00 $1.00 $1,681,866
2026-08-20 $1.00 $1.0196 $0.98 $1.00 $6,399,449
2026-08-19 $1.00 $1.0211 $0.98 $1.00 $1,567,825
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