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Ethena USDe price (USDE)
Live market data for Ethena USDe, refreshed every five minutes. This page reports what the USDE price has done — not what it will do. Nothing here is advice.
- #11 by market cap
- No fixed supply cap
- Stablecoin
- Chart from Binance
- Not financial advice
Ethena USDe
USDE #11 Stablecoin
$1.00 +0.01% 24h
- Market cap
- $14.08B
- Volume 24h
- $7.86M
- Circulating
- 14.08B
- Max supply
- None
7-day trend USDE / USDT
4-hour closes from Binance. Past movement is not a guide to future movement.
01
Price behaviour
Descriptive statistics · last 30 days
These describe what the price has already done. They are arithmetic on real daily closes — not signals, not a forecast, and not a view on whether this asset is worth owning.
- 30-day high
- $1.00
- 30-day low
- $1.00
- From 30-day high
- 0.0%
- Daily volatility
- 0.02%
- Biggest one-day move
- 0.1%
What these numbers cannot tell you
High volatility does not mean a price will keep moving, and sitting near a 30-day low does not make something cheap. Volatility measures how much a price has jumped around. It says nothing about whether the asset is sound, who controls it, or whether the project still exists next year.
02
Liquidity and market context
How easily it trades, and how big it is relative to the rest
- Daily turnover
- 0.1%
- Share of the top 100
- 0.64%
- Versus Bitcoin
- -1.93%
of market cap traded in 24h
by market capitalisation
difference over 30 days
Over the last 30 days USDE moved +0.02% while Bitcoin moved +1.95%. Most coins follow Bitcoin closely, so a gap is usually the more interesting number — though it says nothing about which direction either will go next.
Why turnover matters more than it looks
Under 1% of this coin changes hands in a day. Thin markets are where a sell order moves the price against you, and where the quoted price and the price you actually get diverge most. It is also the condition every "the price only goes up" scheme depends on.
03
Drawdown and trading activity
How far underwater it has been · last 90 days
A price chart that ends higher hides how it got there. This shows the distance below the highest point reached so far — which is what someone who bought at the wrong moment actually experienced.
- Deepest fall from peak
- -0.1%
- Below peak now
- 0.0%
- Correlation with Bitcoin
- -0.10
worst point in the period
versus the 90-day high
1.00 = moves in lockstep
On diversification
At -0.10, USDE has largely moved on its own over this window. That can change quickly: in a broad sell-off, correlations across crypto tend to rise toward 1 at exactly the moment diversification would have helped.
One exchange, not the whole market — the shape is what matters, not the absolute height. Spikes usually mark news, a listing, or a liquidation cascade.
Month by month
| Month | Change | Shape |
|---|---|---|
| Aug 2026 | -0.05% | |
| Jul 2026 | +0.13% | |
| Jun 2026 | -0.03% | |
| May 2026 | -0.03% |
Calendar months from daily closes. A partial month at either end is shown as far as the data goes.
04
Supply
How many exist, and how many can
USDE has no fixed maximum supply. 14.08B USDE are currently in circulation, and more can be issued under the project's own rules. That is not automatically bad, but it does mean scarcity here is a policy choice rather than a guarantee.
05
Convert
USDE ↔ USD
Uses the price above. An exchange will quote something different once spread, fees and withdrawal costs are applied — the gap is usually wider than people expect.
06
Understanding this asset
Context the numbers do not give you
We have written about this one
Our explainer covers what Ethena USDe is for, how it works, and the risks that come with it — before any of the numbers above matter.
This is a stablecoin
It aims to hold a fixed value rather than appreciate. "Stable" describes the target, not a guarantee — several stablecoins have broken their peg permanently. What matters is what backs it and who can redeem it.
Before you act on any of this
Crypto prices move sharply and can go to zero. Nothing on this page is advice, a recommendation or a forecast — it is public market data with context. Coinculb earns no commission on anything mentioned here.
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