Ethena USDe
1 storyEthena USDe is a synthetic dollar protocol asset. Its product identity includes USDe token symbol, with delta-neutral hedging strategy and staked crypto collateral describing the principal monetary mechanics. Operational differences arise through perpetual futures short positions, custodial exchange dependencies, and sUSDe yield token, helping distinguish this asset from other stable-value designs.
Use this tag for reserve reports, issuance and redemption changes, contract migrations, chain deployments, governance decisions, depegging events, and regulatory developments specific to Ethena USDe. The issuer, host blockchain, reserve asset, or yield wrapper keeps a separate entry; this page follows the monetary mechanics and claims specific to Ethena USDe.
Use this tag for reserve reports, issuance and redemption changes, contract migrations, chain deployments, governance decisions, depegging events, and regulatory developments specific to Ethena USDe. The issuer, host blockchain, reserve asset, or yield wrapper keeps a separate entry; this page follows the monetary mechanics and claims specific to Ethena USDe.
Ethena Pay Launches Beta in 48 Countries With USDe Savings and AVAX Rewards
Ethena Pay, a self-custodial neobank app built on Avalanche, is now in beta across 48 countries, offering USDe-denominated savings with up to 6% APY and AVAX cashback, but remains unavailable in the U.S. and EU pending regulatory approval