DEXONOMICS

Ethena USDe USDe

$2.57e-7 0.00% 24h
0/100
Grade F
ON-CHAIN HEALTH INDEX
Chart data not available yet

USDe/USD price action, 0 candles at 15m. Data refreshes on every page load.

$2.57e-7
Price
n/a
Market cap
$25.7K
FDV
$0
Liquidity
$0
24h volume
1
24h txns

What is Ethena USDe (USDe)?

Ethena USDe (USDe) is a token trading on Base at $2.57e-7. Its main pool holds $0 of liquidity on Uniswap V4 Base, paired against WETH. Over the last 24 hours USDe has gained 0.00% on $0 of trading volume across 1 transactions.

The pair was created 22 days ago (Aug 27, 2026). Liquidity is thin, so price can move violently on small trades and exiting a position may be difficult.

USDe history: the key events, on-chain

Aug 27, 2026
Pool created on Uniswap V4 BaseThe USDe/WETH pair went live and became tradable on Base.
Sep 19, 2026
Trading at $2.57e-7$0 liquidity, $0 in 24h volume, 1 buys against 0 sells.

USDe tokenomics and supply

Total supplyNot reported
Market capn/a
Fully diluted valuation$25.7K
Circulating estimateNot reported
DecimalsNot reported
Pool address0xa4b5...d32f

Both addresses link straight to BaseScan. Every figure in this table is read from the chain and you can verify it there.

Supply data for USDe is not fully reported on-chain, so treat valuation figures with caution.

USDe on-chain data, signal by signal

We are not auditors and we do not certify any token as safe. What follows are measurable facts read from the chain, each one stated so you can check it yourself. The index simply summarises them into a number: USDe sits at 0/100. Every threshold and penalty behind that figure is published in full on our methodology page.

LiquidityUnder $5k ($0)
Volume995675316699x liquidity, almost certainly wash traded
Age22d old
Risk flags

What moves the USDe price?

USDe is a Base token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume is currently running at 995675316699.4 times pool liquidity, meaning the pool turns over many times a day. That produces sharp moves in both directions and makes the price highly sensitive to a handful of large trades. The main drivers are the depth of that pool, how concentrated the holder base is, general Base market conditions, and social attention. For a token with a F grade, position size discipline matters more than any price prediction.

USDe to USD converter and price calculator

USDeUSD
5.00M USDe$1
50.00M USDe$13
500.00M USDe$128
5.00B USDe$1.3K
50.00B USDe$12.8K
USDUSDe
$1038.96M USDe
$100389.62M USDe
$1,0003.90B USDe
$10,00038.96B USDe
$100,000389.62B USDe

USDe markets and top pools

Only one active pool is currently tracked for USDe.

Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.

How to buy Ethena USDe (USDe)

  1. Get a Base wallet. Install MetaMask or Coinbase Wallet and fund it with ETH on Base.
  2. Open a DEX. USDe trades mainly on Uniswap V4 Base. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
  3. Verify the contract. Check it against the address on this page: 0xb7c0f8a908945911e72d2db21ce5ea457ef31b07 You can open that address on BaseScan and confirm supply, holders and transfers yourself instead of taking our word for it.
  4. Set slippage sensibly. With $0 of liquidity, even small orders move the price. Use small sizes and expect high slippage.
  5. Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.

Is Ethena USDe (USDe) holding its peg?

USDe is designed to track a currency rather than to appreciate, so the useful question is not where the price is going but how tightly it is holding. Right now it trades at $2.57e-7, gained 0.00% over 24 hours.

What that means in practice: a peg is only as good as the pool behind it. This pair holds $0 of liquidity and traded $0 in the last 24 hours. Liquidity is what absorbs a large redemption without the price slipping, so a thin pool can show a clean price right up until somebody actually tries to exit through it. The numbers on this page are read from that pool, not from an issuer's dashboard.

A stable price is not a guarantee of backing. What the chain can show you is depth and turnover; what it cannot show you is the reserve behind the token. For that, check the issuer's own attestations.

How to trade USDe safely

USDe FAQ

What is the price of USDe today?

Ethena USDe (USDe) trades at $2.57e-7, gained 0.00% over the last 24 hours.

What do the on-chain numbers say about USDe?

We are not auditors and do not certify tokens. Measured from the chain, USDe sits at 0 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. Flagged risks: Negligible liquidity, high rug risk; 24h volume is 995675316699 times the pool liquidity, which is not physically plausible in real trading and points to wash trading.

How much liquidity does USDe have?

The tracked pool holds $0 of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.

Where can I buy Ethena USDe (USDe)?

USDe trades on Base, mainly through Uniswap V4 Base. Always paste the contract address instead of searching by ticker.

What is the 24 hour trading volume of USDe?

USDe has traded $0 in the last 24 hours across 1 transactions, split 1 buys and 0 sells.

When was USDe launched?

The tracked USDe pool was created 22 days ago, on Aug 27, 2026.

What is the contract address of USDe?

The USDe contract address on Base is 0xb7c0f8a908945911e72d2db21ce5ea457ef31b07. Check it against the address published by the project itself before buying: tickers and names are copied freely, the address is the only thing that identifies a token. This page links it straight to the block explorer so you can verify supply, holders and transfers yourself.

Could USDe be a honeypot?

Sells are going through (0 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.

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