🥇
Kra
Kraken
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
9.1
Score
★ Live priceRank · #25StablecoinsUSD · spot
Ethena USDe
USDE
$0.999808
24h
+0.00%
7d
+0.01%
30d
+0.12%
1y
−0.12%
24h low24h high
$0.999612
$0.999936
Market cap
$4B
Rank #25
24-hour volume
$36.17M
spot and derivatives
Circulating
4B
100.0% of max
All-time high
$1.03
−3.31% from ATH
Price action
12-month historyEthena USDe price chart
Range$0.998173 → $1.00+0.05%
$1.00$0.999656$0.999161$0.998667$0.998173
April 28, 2026July 24, 2026
Snapshot
Key numbers
Rank
#25
Market cap
$4B
24h volume
$36.17M
FDV
$4B
Circulating
4B
Max supply
4B
Calculator
Ethena USDe converter
Convert between USDE and US dollars at the live rate.
★ Live rate1 USDE = $1.00
USDE
$USD
Records
Ethena USDe all-time history
▲ All-time highDecember 9, 2025
$1.03
−3.31% from current
▼ All-time lowOctober 4, 2024
$0.929486
+7.57% from current
Where to buy
Full ranking Top exchanges for Ethena USDe
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
- 🥈CoiCoinbase Exchange
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
9.0Score - 🥉BinBinance
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
8.8Score - #4OKXOKX
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
8.4Score - #5BitBitstamp
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
8.4Score - #6BybBybit
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
8.0Score
Adjacent
More Stablecoins
Top coins in the same category, ordered by market cap.
Briefing
About Ethena USDe (USDE)
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Ethena USDe price analysis
Ethena USDe (USDE) trades at $0.999808 with a 24-hour volume of $36.17M and a market capitalization of $4B. The asset is currently ranked #25 among all tracked cryptocurrencies.
In the last 24 hours, the USDE price has risen +0.00%. On a seven-day window, Ethena USDe has climbed +0.01%, showing consistent upward momentum across both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Ethena USDe's all-time high of $1.03 was set on December 9, 2025. The current price sits +3.31% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
How to buy Ethena USDe
Buying Ethena USDe (USDE) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
- Pick a reputable exchange. Choose a platform that lists USDE with deep liquidity, transparent fees, and a clean security record. Our top-rated exchanges guide compares the leading venues side by side.
- Create and verify your account. Complete the exchange's KYC process — most platforms require a government-issued ID and a short identity check. It is a one-off step that usually takes a few minutes.
- Fund your account. Deposit fiat via bank transfer or card, or use a stablecoin like USDT or USDC. Stablecoin deposits settle the fastest and cost the least.
- Place a buy order. Open the USDE/USD or USDE/USDT pair, then execute a market order for instant fills or a limit order at your preferred entry.
- Secure your USDE. For long-term holdings, move tokens to a non-custodial wallet — a hardware device for highest security, or a reputable software wallet for frequent access.
You can also use the Ethena USDe converter above to estimate how much USDE you would get for a given dollar amount before placing the order.
Is Ethena USDe a good investment?
Whether Ethena USDe is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, USDE carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
Potential strengths
- Ranked #25 by market cap with an established trading history and active exchange coverage.
- Transparent on-chain data: real-time supply, circulation metrics, and publicly auditable transactions.
- Ongoing ecosystem development and community engagement, reflected in Stablecoins and USD Stablecoin activity.
Key risks to consider
- Volatility: 5–15% intraday moves are common across crypto markets.
- Regulatory uncertainty: policy changes in major jurisdictions can meaningfully affect price and access.
- Liquidity and custody risk: not all exchanges are equally safe, and self-custody requires careful key management.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
FAQ
Common questions about Ethena USDe
What is Ethena USDe (USDE)?
Ethena USDe is a cryptocurrency traded under the ticker USDE. It currently ranks #25 by market capitalization, with a total market value of approximately $4B. On this page you can view its live price, charts, 24-hour performance, and key supply metrics.
How is the Ethena USDe price determined?
Ethena USDe's price is set by supply and demand across global cryptocurrency exchanges. Live quotes are aggregated from hundreds of trading pairs and reflect market sentiment, trading volume, on-chain activity, liquidity, and macroeconomic conditions. The current price is $0.999808.
How has Ethena USDe performed recently?
Over the past 24 hours, Ethena USDe is up +0.00%. Over the past 7 days it has gained +0.01%. You can review the full price history and select different time ranges using the chart above.
What is Ethena USDe's maximum supply?
Ethena USDe does not have a fixed maximum supply. Approximately 4B USDE are currently in circulation, and new coins may continue to be issued depending on the protocol's emission schedule.
What is Ethena USDe's all-time high price?
Ethena USDe reached its all-time high of $1.03. The all-time high represents the peak market price the asset has ever traded at across major exchanges. Historical peaks are useful reference points when evaluating long-term price action and drawdowns.
Where can I buy Ethena USDe?
Ethena USDe is available on most major cryptocurrency exchanges. Look for the USDE/USD or USDE/USDT pair. See the "Where to Buy" section above for live trading venues, or browse our curated list of top-rated exchanges for the safest and most liquid options.
Is Ethena USDe a good investment?
No cryptocurrency can be guaranteed to rise in value. Ethena USDe has advantages such as a transparent supply schedule and public market data, but it also carries high volatility, regulatory risk, and liquidity risk. Always do your own research, consider your risk tolerance, and never invest more than you can afford to lose.
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