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Ethena USDe

USDE
Rank #16
$1.00
-0.01% (24h)
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Ethena USDe to USD Chart

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Ethena USDe / USDT Candlestick Chart

Technical Analysis for USDE/USDT

Where to Buy Ethena USDe (Markets)

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Latest News About Ethena USDe

Market Statistics

Market Cap $12.31B
24h Volume $334.18M
Circulating Supply 12.30B USDE
Total Supply 12.30B USDE
Max Supply N/A
All-Time High $1.02 (On Oct 03, 2024)

About Ethena USDe

USDE is a decentralized stablecoin pegged USD 1:1 from XBANKING protocol with a yield mechanism in DeFi. Swap to USDC, USDT, or DAI at any time, Trade, Borrow and lend, place with DeFi, no slippage or platform fees. You earn simply by holding Stablecoin Deposit: The user deposits their stablecoins into XBANKING’s smart contract. USDE Minting: In return, the user receives USDE tokens equivalent to the deposited amount. DeFi Investments: The deposited stablecoins are allocated to high-yield strategies, such as liquidity pools and farming. Yield: The income generated from these strategies is distributed among USDE holders. Use USDE in DeFi USDE is the most advanced stablecoin with a unique yield mechanism in DeFi. USDE is not only a tool for generating passive income but also a versatile asset that can be utilized across the DeFi ecosystem to unlock even greater earning potential. Here’s how you can use USDE beyond holding: — Trading on Decentralized Exchanges (DEXs) — Participation in Other DeFi Protocols: pools, farming — Lending and Borrowing USDE can also be used just like any other stablecoin such as USDT, USDC, or DAI. By leveraging USDE across multiple DeFi protocols, users can multiply their earning potential and benefit from the dynamic nature of decentralized finance.

Official Links & Resources

Website ethena.fi discord.com ethena_labs @ethena_labs