DEXONOMICS

USDe

$0.9931 -0.54% 24h
89/100
Grade A
ON-CHAIN HEALTH INDEX

USDe/USD price action, 168 candles at 15m. Data refreshes on every page load.

$0.9931
Price
n/a
Market cap
$4.32B
FDV
$313.9K
Liquidity
$52.2K
24h volume
22
24h txns

What is USDe?

USDe is a token trading on Ethereum at $0.9931. Its main pool holds $313.9K of liquidity on Curve, paired against crvUSD. Over the last 24 hours USDe has fallen -0.54% on $52.2K of trading volume across 22 transactions.

The pair was created 2.8 years ago (Dec 20, 2023). Price, liquidity and volume on this page are read directly from on-chain pool data.

The story behind USDe

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

Official channels, straight from the project:

USDe price performance

PeriodChange
24 hours-0.54%
7 days+0.39%
30 days+0.74%
From ATH ($1.33)-24.5%
From ATL ($0.9684)+3.64%

USDe history: the key events, on-chain

Dec 20, 2023
Pool created on CurveThe USDe/crvUSD pair went live and became tradable on Ethereum.
Mar 24, 2026
All-time high at $1.33Highest daily price recorded in the available on-chain history. USDe now trades -24.5% from that level.
Jun 7, 2026
All-time low at $0.9684Lowest daily price on record. Current price is +3.64% versus that low.
Sep 19, 2026
Trading at $0.9931$313.9K liquidity, $52.2K in 24h volume, 10 buys against 12 sells.

USDe tokenomics and supply

Total supplyNot reported
Market capn/a
Fully diluted valuation$4.32B
Circulating estimateNot reported
DecimalsNot reported
Pool address0xf55b...0442

Both addresses link straight to Etherscan. 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 89/100. Every threshold and penalty behind that figure is published in full on our methodology page.

Liquidity$313.9K in pool
Volume24h volume $52.2K
Trades10 buys / 12 sells
Age1003d old, long track record
Public presenceDescription plus 3 official channels
No mechanical red flags detected in liquidity, volume balance or trade flow. This is not a guarantee of safety.

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.

Honeypot checknot flagged
Mintableyes
Buy tax0.0%
Sell tax0.0%
Ownershipowner address set

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 $313.9K 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 A grade, position size discipline matters more than any price prediction.

USDe to USD converter and price calculator

USDeUSD
2 USDe$2
20 USDe$20
200 USDe$199
2,000 USDe$2.0K
20,000 USDe$19.9K
USDUSDe
$1010.07 USDe
$100100.7 USDe
$1,0001,007 USDe
$10,00010,070 USDe
$100,000100,697 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 USDe

  1. Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
  2. Open a DEX. USDe trades mainly on Curve. 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: 0x4c9edd5852cd905f086c759e8383e09bff1e68b3 You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it.
  4. Set slippage sensibly. With $313.9K of liquidity, moderate orders should fill without extreme slippage, but size still matters.
  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.

USDe versus other Ethereum pairs

TokenPrice24hLiquidityScore
USDe (this page)$0.9931-0.54%$313.9KA 89
KIBSHI price$0.000001605-11.6%$290.7KB 82
WPRL price$1.05+39.9%$259.4KB 82
LO0P price$0.4075+11.9%$251.4KB 86
ynRWAx price$0.6625-1.63%$246.2KB 82
syBTC price$0.0005237+799%$411.1KC 67

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 $0.9931, fallen -0.54% over 24 hours. Across the candles this page tracks, the price moved between its low and its high by 6.43%, which is a wider swing than a currency tracker normally shows.

What that means in practice: a peg is only as good as the pool behind it. This pair holds $313.9K of liquidity and traded $52.2K 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?

USDe (USDe) trades at $0.9931, fallen -0.54% 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 89 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. No mechanical red flags were detected, which is not a guarantee of safety.

How much liquidity does USDe have?

The tracked pool holds $313.9K 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 Curve. Always paste the contract address instead of searching by ticker.

What is the 24 hour trading volume of USDe?

USDe has traded $52.2K in the last 24 hours across 22 transactions, split 10 buys and 12 sells.

When was USDe launched?

The tracked USDe pool was created 2.8 years ago, on Dec 20, 2023.

What is the all-time high of USDe?

The highest daily price on record is $1.33, reached on Mar 24, 2026. USDe currently trades -24.5% from that level.

What is the all-time low of USDe?

The lowest daily price on record is $0.9684, on Jun 7, 2026, putting the current price +3.64% 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?

Sells are going through (12 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.

Keep exploring Ethereum

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Traders looking at USDe also open KIBSHI, WPRL, LO0P, ynRWAx, syBTC.