What blockchain networks support USDe?

USDe is supported on the following networks: Ethereum, Solana, Robinhood, Monad, Avalanche C-Chain (last updated 9/14/2026).

What is the total asset value of USDe?

The total asset value of USDe is $5,460,518,471.64 (last updated 9/14/2026).

What is the 30-day transfer volume of USDe?

The 30-day transfer volume of USDe is $10,980,071,567.51 (last updated 9/14/2026).

How many monthly active addresses trade USDe?

There are 17,168 monthly active addresses for USDe (last updated 9/14/2026).

How many wallets hold USDe?

There are 68,559 wallets holding USDe (last updated 9/14/2026).

Who is the issuer of USDe?

Ethena (BVI) Limited is the issuer of USDe.

What tokenization platforms support USDe?

USDe is supported on the following tokenization platforms: Ethena, LayerZero OFT, LayerZero Avalanche Bridge (last updated 9/14/2026).

$USDe

Offered by

Ethena

$USDe

Ethena USDe

USDe is a synthetic dollar stablecoin that maintains its peg through delta-neutral hedging strategies using derivatives. The unstaked version is designed to hold its $1 value without generating returns, while staked USDe (sUSDe) earns yield from staking rewards and funding rates.

Stablecoins

Offered by

Ethena

Explore issuer purchase options or request access through RWA.xyz.

Market Cap

$4.93B

▲+14.37%from 30d ago

Price

$1.00

▲+0.03%from 30d ago

Holders

68,559

▲+4.78%from 30d ago

Monthly Transfer Volume

$10.98B

▲+32.70%from 30d ago

Monthly Active Addresses

17,168

▲+15.79%from 30d ago

Ethena USDe Metrics

Market Cap by Network

as of 09/14/2026

Key Facts

Name

Ethena USDe

Ticker

USDe

CUSIP

—

ISIN

—

Platform

Ethena

Tokenization
Type

Distributed

Tokenization Sponsorship

—

Type

—

Manager

—

Asset Class

Stablecoins

Underlying Assets

Cryptocurrencies - ETH

Eligible Investors

Inception Date

09/01/2024

Use Of Income

Accumulates

Management
Fees

Performance
Fees

Market Data

Total Value

$4,927,441,920

▲

NAV

$1.00

Price

$0.9998

▲

Token Supply

5,460,518,471.64

▲

Circulating Supply

5,460,518,471.64

▲

7D APY

—

30D APY

—

Holders

68,559

▲

Trailing 30D
Active Addresses

17,168

▲

Monthly
Transfer Count

587,066

▼

Monthly
Transfer Volume

$10,980,071,568

▲

Tokens

Network	Type	Tokenization Type	Token Standard	Token Supply	Circulating Supply	Bridged Supply	Holders	Trailing 30D Active Addresses	Monthly Transfer Volume	Monthly Transfer Count	Contract Address
Ethereum	Native	Distributed	ERC-20	4,513,344,567.66 ▲	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock
Solana	Native	Distributed	SPL	527,627,755.86 ▼	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock
Robinhood	Native	Distributed	ERC-20	326,499,987.54 ▲	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock
Monad	Native	Distributed	ERC-20	87,597,364.69 ▲	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock
Avalanche C-Chain	Bridged	Distributed	ERC-20	5,448,795.88 ▲	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock	Login to Unlock

Primary Market

Eligible Investors

—

Base Assets

USD

Subscription Time

—

Min.
Investment

—

Subscription
Fees

Subscription Description

—

Redemption Time

—

Minimum Redemption Amount

—

Redemption
Fees

Redemption Description

—

KYC Description

—

Assessments & Ratings

Provider	Rating	Document
S&P Global Ratings	Login to Unlock	Login to Unlock

Service Providers

Platform

Ethena

Manager

—

Sub-Advisor

—

Custodian

Legal Identifier

Anchorage Digital Bank N.A.

549300JJSDEHXA1AKJ69

Crypto Custodian

—

Fund Administrator

—

Traditional Broker

—

Crypto Broker

—

Auditor

—

Transfer Agent

—

Paying Agent

—

Legal & Regulatory

Issuer

Ethena

Issuer LEI

—

Issuer CIK

—

Domicile

British Virgin Islands

Regulatory Framework

Non-Regulated

Dispute Resolution Country

—

Account
Segregation

Bankruptcy
Remote

Deposit
Insurance

Terms

—

Fees

Management
Fees

Performance
Fees

Other Fees

—

Redemption
Fees

Subscription
Fees

Holders

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holder breakdowns

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Ethena USDe

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holder breakdowns