Ethena USDe

USDE

$1.12

-0.13%

Ethena USDe price

Not enough price history for this period yet.

Buy Ethena USDe with iDEAL or Wero

Buy Ethena USDe easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Ethena USDe?

Buying Ethena USDe through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Ethena USDe: Go to the Ethena USDe page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Ethena USDe appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Ethena USDe margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Ethena USDe on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Ethena USDe

Answers auto-summarised from live price and sentiment data for Ethena USDe.

Ethena USDe is a synthetic dollar protocol designed to provide a decentralized and scalable alternative to traditional stablecoins. It aims to offer a stable store of value and a medium of exchange within the DeFi ecosystem.

The current price of Ethena USDe is $0.9977. This price is subject to market fluctuations and can change rapidly.

Ethena USDe has experienced a 24-hour price change of -0.06%. This indicates recent market activity and volatility.

The all-time high for Ethena USDe is $1.11. This represents the highest price it has reached since its inception.

Ethena USDe has a market capitalization of $4,736,022,522.26 and is currently ranked {{market_cap_rank}}. These metrics reflect its overall market presence and size.

The recent news sentiment for Ethena USDe is neutral with a score of unknown. This reflects the general tone of discussions and news surrounding the asset.

While news sentiment can influence market perception, Ethena USDe's price is primarily driven by supply and demand dynamics, protocol mechanics, and broader market conditions. Significant news events may lead to short-term price reactions.

Last refreshed:

Sentiment history vs. price USDE

Last 30 days · daily (UTC) · AI news sentiment vs. closing price

Sentiment history USDE

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: 13-10 12:00).

News sentiment USDE

1 samples · Last 7 days

Weighted score

-0,20

Market Vibe Neutral

Split (bullish / bearish)

0 / 0

neutral: 1

Strongest signal (headline)

More than half of Ethena’s USDe backing is allocated to lending

Bron: CryptoSlate · 1 day ago

Δ -0,20

About Ethena USDe

Ethena USDe is a synthetic dollar designed to be a decentralized, scalable, and yield-generating stablecoin. Its objective is to offer an alternative to traditional stablecoins reliant on fiat backing. The project was founded by the team behind the crypto exchange Deribit. USDe's unique mechanism is based on a combination of two strategies: 1. **Collateralized by Ethereum (ETH):** A portion of USDe is backed by staked Ethereum, generating a base yield. 2. **Derivative Utilization:** The remaining collateral is secured through short positions on Bitcoin and Ethereum via derivative markets, aiding in price stability and generating additional returns. This integrated approach aims to maintain a stable price while offering competitive yield.

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