Price
$1.00
24h% change
0.1%
Volume (24h)
$203.444M
Market Cap
$3.806B
Ethena introduces a revolutionary synthetic dollar system on the Ethereum blockchain, offering a decentralized alternative to the conventional financial framework. This platform presents the ‘Internet Bond,’ a universally accessible, dollar-based financial tool.
The platform’s native currency, USDe, stands as the premier decentralized, stable, and scalable monetary solution, underpinned by delta-neutral Ethereum collateral. The USDe’s solidity is fully verifiable on the blockchain, ensuring its seamless integration within the DeFi ecosystem.
The stability of the USDe’s value is meticulously maintained by delta hedging strategies against the collateral held by the protocol, complemented by an efficient minting and redemption arbitrage process.
Moreover, the ‘Internet Bond’ ingeniously merges returns from Ethereum staking with the differential from perpetual and futures markets. This fusion births the inaugural on-chain, crypto-native ‘bond,’ serving as a dollar-indexed savings vehicle for participants in approved regions.
We offer easy crypto currency payment solutions through our service, allowing you to receive Ethena USDe and over 233 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.
Ethena USDe’s historic highest price is $1.03, which was recorded on 20th of December 2023. Currently, Ethena USDe’s price is %2.9 Lower than its historic high.
Ethena USDe’s historic lowest price is $0.92949, which was recorded on 1st of January 1970. Currently, Ethena USDe’s price is %7.9 Higher than its historic low.
Let's take a look at the important factors that impact Ethena USDe's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.