8%
19%
2024 Avg sUSDe APY
$11.34B
USDe Supply
$1.45B
USDtb Supply
773K
Users
24
Chains
The Holy Grail: Internet Money
Savings Technology For The World
Global instant access to a dollar savings account
$121.46
$100 of
Staked USDe Beginning of 2024
sUSDe
Treasuries
USDT/USDC
APY data is based upon 2024 weekly data reported by Ethena which assumes no net stake/unstake activity during reward vesting periods. All data presented is for informational purposes only and should not be construed as advice or a solicitation to acquire a specific asset. Market conditions may change and actual future results may vary.
Onboarding
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8% APY
Airdrops
DeFi
Earn on your savings with sUSDe
Use USDe in other applications
8% APY
Exchanges
USDe as margin collateral
Deposit into partner earn programs
8% APY
Institutional
USDe exposure via regulated fund
KYC & compliance for regulated entities
Coming Soon
Coming Soon
Integrity
Unparalleled Transparency
Real-Time Backing Assets
View real-time information about the allocation of backing assets.
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Weekly Proof of Reserves
Independent third-party proofs of the value of the backing assets & delta neutrality.
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Monthly Custodian Attestations
Independent attestations of the value of the backing assets residing with custodians.
Latest attestation
100.65%
Protocol Backing Ratio
<0.2%
Time below $0.997
100%
24/7 Mint/Redeem Availability
News
Highlights
Liquid Leverage on Aave
Introducing Liquid Leverage, a new Ethena integration on money markets enabled by partners, launching first on Aave. Users can now deposit 50% sUSDe & 50% USDe into Aave and earn promotional rewards for USDe (currently ~12% APY), in addition to the normal USDe lending rate and sUSDe's native APY.
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Ethena x Coinbase International Launch
Ethena Labs is proud to announce the integration of Coinbase International, via Copper's ClearLoop solution, as a hedging venue for the backing assets of USDe. Coinbase International’s derivatives open interest has recently exceeded >$1bn and represents a fantastic opportunity to diversify the hedging of the backing assets of USDe.
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Ethena x Ton: Internet money for a billion people
Introducing the product for a billion people. Today we announce our partnership with Ton blockchain to power finance's most powerful use case: To send, save and pay with a globally accessible dollar. Internet money, now available for Telegram's billion users.
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Join the Future of Internet Finance
Get started with USDe, or explore Ethena's ecosystem for retail & institutional users alike.