USDe
USDe/USD price action, 1 candles at 15m. Data refreshes on every page load.
What is USDe?
USDe is a token trading on Ethereum at $1, with a market capitalisation around $4.09B. Its main pool holds $-1 of liquidity on Uniswap V4 Ethereum, paired against PYUSD. Over the last 24 hours USDe has gained +0.12% on $503.5K of trading volume across 11 transactions.
The pair was created 28 days ago (Aug 22, 2026). Liquidity is thin, so price can move violently on small trades and exiting a position may be difficult.
USDe price performance
| Period | Change |
|---|---|
| 24 hours | +0.12% |
| From ATH ($1.01) | -0.39% |
| From ATL ($1) | +0.33% |
USDe history: the key events, on-chain
USDe tokenomics and supply
Both addresses link straight to Etherscan. Every figure in this table is read from the chain and you can verify it there.
Market cap and fully diluted valuation are close, so most of the supply is already circulating.
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 32/100. Every threshold and penalty behind that figure is published in full on our methodology page.
- Negligible liquidity, high rug risk
USDe contract checks, reported by GoPlus Security
These checks come from GoPlus Security, an independent contract scanner. We publish their reading, we do not produce it.
What moves the USDe price?
USDe is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume is low relative to the $-1 sitting in the pool, so the price can stay flat for long stretches and then jump when a single sizeable order arrives. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum 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
| USDe | USD |
|---|---|
| 1 USDe | $1 |
| 10 USDe | $10 |
| 100 USDe | $100 |
| 1,000 USDe | $1.0K |
| 10,000 USDe | $10.0K |
| USD | USDe |
|---|---|
| $10 | 9.98 USDe |
| $100 | 99.81 USDe |
| $1,000 | 998.11 USDe |
| $10,000 | 9,981 USDe |
| $100,000 | 99,811 USDe |
USDe markets and top pools
| Pool | DEX | Liquidity | 24h volume |
|---|---|---|---|
| USDe / USDC 0.01% | Uniswap V3 | $2.37M | $21.20M |
| USDe / USDT 0.005% | Uniswap V4 Ethereum | $2.82M | $9.53M |
| USDe / USDC 0.003% | Ekubo V3 Ethereum | $873.5K | $13.36M |
| USDe / USDC 0.003% | Uniswap V4 Ethereum | $679.0K | $9.93M |
| USDe / FRAX | Curve | $34.08M | $154.5K |
| USDe / USDT | Fluid Ethereum | $1.66M | $2.99M |
| MNT / USDe 0.3% | Uniswap V3 | $3.30M | $606.1K |
| USDe / USDC | Curve | $663.1K | $1.94M |
Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.
How to buy USDe
- Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
- Open a DEX. USDe trades mainly on Uniswap V4 Ethereum. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
- Verify the contract. Check it against the address on this page:
0x4c9edd5852cd905f086c759e8383e09bff1e68b3You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it. - Set slippage sensibly. With $-1 of liquidity, even small orders move the price. Use small sizes and expect high slippage.
- 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 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 $1, gained +0.12% over 24 hours.
What that means in practice: a peg is only as good as the pool behind it. This pair holds $-1 of liquidity and traded $503.5K 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
- Size against liquidity, not conviction. The pool holds $-1. A trade worth more than roughly 1% of that will move the price against you.
- Test the exit first. Buy a small amount, then immediately sell part of it. Tokens that block sells are the single most common trap.
- Watch the buy/sell balance. Currently 11 buys against 0 sells in 24 hours. Zero sells with active buying is a serious warning sign.
- Check the age. This pool was created 28 days ago. Most rug pulls happen within the first hours of a pool going live.
- Never invest more than you can lose. Low-cap tokens can go to zero, and frequently do.
USDe FAQ
What is the price of USDe today?
USDe (USDe) trades at $1, gained +0.12% 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 32 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.
How much liquidity does USDe have?
The tracked pool holds $-1 of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.
Where can I buy USDe?
USDe trades on Ethereum, mainly through Uniswap V4 Ethereum, across 20 tracked pools. Always paste the contract address instead of searching by ticker.
What is the 24 hour trading volume of USDe?
USDe has traded $503.5K in the last 24 hours across 11 transactions, split 11 buys and 0 sells.
When was USDe launched?
The tracked USDe pool was created 28 days ago, on Aug 22, 2026.
What is the all-time high of USDe?
The highest daily price on record is $1.01, reached on Aug 21, 2026. USDe currently trades -0.39% from that level.
What is the all-time low of USDe?
The lowest daily price on record is $1, on Aug 21, 2026, putting the current price +0.33% above it.
What is the contract address of USDe?
The USDe contract address on Ethereum is 0x4c9edd5852cd905f086c759e8383e09bff1e68b3. 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?
Warning: 11 buys have been recorded with zero sells in 24 hours, which is the classic honeypot pattern. Test with a minimal amount before committing funds.