Bubble
Ethena USDe USDE
Ethena USDe (USDE) was trading at $0.9999, ranked #22 by market cap at $4.05B, with 24h volume of $120.00M.
Data snapshot: 2026-07-22 18:00 UTC.
USDe is a synthetic dollar from Ethena that holds its $1 value without sitting on cash reserves. Instead, it pairs long crypto collateral (like staked ETH) with an equal short position in perpetual futures, a delta-neutral setup where gains and losses on each side offset each other. Yield for holders comes from funding-rate payments and staking rewards. BubbleLayer tracks USDe's live price, market cap and volume alongside the rest of the market.
What was USDE's price?
Ethena USDe (USDE) was trading at $0.9999 as of the snapshot below, ranked #22 by market cap at $4.05B with 24h volume of $120.00M.
What was Ethena USDe's market cap rank?
Ethena USDe was ranked #22 by market capitalization among cryptocurrencies tracked on BubbleLayer as of this snapshot.
How is Ethena USDe tracked on BubbleLayer?
Ethena USDe's price, market cap, volume and 1h/24h/7d change are tracked live on BubbleLayer's bubble map and heatmap views, alongside every other coin in the market.