Ethena USDe (USDe)
Rank #25 Updated February 13, 2025
$0.9994 -0.03% (24h)
Market Cap$4.38B
24h Volume$62.8M
Exchanges15
Buy USDe on
Our Quick Take on Ethena USDe
Ethena USDe (USDe) is an established mid-cap project with significant market presence, currently ranked #25 with a market cap of $4.38 billion. It trades on 15 exchanges including Bybit.
Investing in Ethena USDe (USDe)
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CoinClarity Score: 63/100
Ethena USDe has been live for 2 years (since February 2024) and currently sits at #25 by market cap ($4.38 billion), with strong daily trading volume of $62.8M across 15 exchanges. It's trading 3.3% below its all-time high of $1.03 set on Dec 9, 2025. 0% of the maximum supply is already in circulation, which limits future dilution risk.
The CoinClarity Score of 63/100 is based on 10 data-driven signals including liquidity depth, exchange quality, supply health, and price momentum. For a full breakdown of what these signals mean for Ethena USDe's price trajectory, including technical trend analysis and detailed indicator scores, see our Ethena USDe price analysis & prediction page.
Where to Buy Ethena USDe (USDe) — 15 Exchanges
Ranked by CoinClarity Score (volume 50%, trust 30%, net price 20%)
| Exchange | Score | Trust | Fees | USDe Vol | |
|---|---|---|---|---|---|
 Bybit Our Pick | 96 | 10/10 | 0.10%/0.10% | $7.5M | Visit Review |
| LBank | 83 | 8/10 | 0.02%/0.06% | $5.3M | Review |
| Binance | 74 | 10/10 | 0.10%/0.10% | $2.3M | Visit Review |
| MEXC Lowest Fees | 70 | 9/10 | 0.00%/0.05% | $2.0M | Visit Review |
| Phemex | 65 | 8/10 | 0.01%/0.06% | $1.7M | Review |
| Bitget | 57 | 10/10 | 0.10%/0.10% | $370.6K | Review |
| BitMart | 53 | 8/10 | 0.02%/0.06% | $416.9K | Review |
| XT.COM | 52 | 8/10 | 0.04%/0.06% | $378.2K | Review |
| Kraken | 50 | 10/10 | 0.25%/0.40% | $87.9K | Visit Review |
| Bitrue | 50 | 8/10 | 0%/0% | $254.4K | Review |
Show all 15 exchanges
✓ Strengths
- Listed on 15 exchanges including major platforms
- Top 100 cryptocurrency by market cap
- Established project (2 years track record)
- 104 trading pairs provide good liquidity
✗ Weaknesses
- No public GitHub repository found
- No whitepaper available for review
- All cryptocurrencies carry significant volatility and investment risk
Ethena USDe Analysis
Ethena USDe is a cryptocurrency that is identified by the symbol USDe.
Ethena USDe Tokenomics
Price
$0.9994
Market Cap
$4.38 billion
Circulating Supply
4.38 billion USDe
Max Supply
No cap
All-Time High
$1.03 Dec 9, 2025
All-Time Low
$0.9295 Oct 4, 2024
FDV
N/A
Trading Pairs
104
Ethena USDe Resources
Frequently Asked Questions
What is Ethena USDe (USDe)?
Ethena USDe is a cryptocurrency ranked #25 by market cap at $4.38 billion. It currently trades at $0.9994 across 15 exchanges. The project has been live for 2 years.
What makes Ethena USDe different from other cryptocurrencies?
Ethena USDe belongs to the category. It has no fixed supply cap. It trades on 15 exchanges with 104 trading pairs, which indicates strong market adoption.
How does the Ethena USDe network work?
Ethena USDe is a project that launched in February 2024. Learn more on the <a href="https://www.404aliens.com/" target="_blank" rel="nofollow noopener">official Ethena USDe website</a>.
Where can I learn more about Ethena USDe?
For buying options and exchange comparisons, see our <a href="/coin/ethena-usde/where-to-buy/">where to buy Ethena USDe</a> guide. For price data, charts, and market analysis, visit our <a href="/coin/ethena-usde/price/">Ethena USDe price & prediction</a> page.
Ready to buy Ethena USDe?
Compare 15 exchanges. We recommend Bybit in Europe (10/10 trust, Score 96)
Buy USDe on Bybit Affiliate Disclosure: CoinClarity may earn a commission when you use our affiliate links to visit exchanges. This does not influence our rankings or recommendations. We evaluate exchanges based on trust score, fees, and user experience. Always do your own research before investing in cryptocurrency.
