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Ethena USDe

Basis Trading
Ethereum

Total TVL

$5.4B

Pools

1

Chains

1

Avg APY

4.10%

Age

2.2 years

Audited

Yes

About Ethena USDe

Ethena USDe is a basis trading protocol with $5.4B in total value locked across 1 pools on 1 chain. The protocol has been operational for 2.2 years. Ethena USDe has been independently audited, with no recorded security incidents to date. Pools on Ethena USDe offer an average APY of 4.10%, with yields varying by asset type and chain. Over the last 30 days, the protocol generated $18.2M in fees and $155.0K in revenue.

How Ethena USDe Compares

Ethena USDe's TVL of $5.4B is 20.4x above the basis trading category average of $263.3M. Its average yield of 4.10% is below the category average of 6.47%. There are 35 protocols tracked in the basis trading category.

Security & Infrastructure

Oracle Provider

Audited

Yes

Open Source

Hacks

None

Total Hacked

Fees & Revenue

Fees (7d)

$4.9M

Fees (30d)

$18.2M

Revenue (7d)

$90.0K

Revenue (30d)

$155.0K

Pools (0)

No pool data available.

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Frequently Asked Questions

What is Ethena USDe?

Ethena USDe is a basis trading protocol with $5.4B in total value locked. It operates 1 pools across 1 blockchain, including Ethereum.

How much TVL does Ethena USDe have?

Ethena USDe currently has $5.4B in total value locked across 1 pools on 1 chain.

Is Ethena USDe audited?

Yes, Ethena USDe has been independently audited.

Has Ethena USDe been hacked?

No, Ethena USDe has no recorded security incidents in its history.

What is the average APY on Ethena USDe?

The average APY across all Ethena USDe pools is 4.10%. Actual yields vary by pool, asset type, and market conditions.

What chains does Ethena USDe support?

Ethena USDe operates on 1 chain: Ethereum.

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