$2,341.99
-1.24%
7d: -2.5%
MCap
$286.09B
24h Vol
$6.46B
Float
100%
Rank #32
⛓️ Ethereum (ERC-20) (ERC-20 / Ethereum EVM) ⛓️ BNB Chain (BEP-20) (BEP-20 / BNB Smart Chain) ⛓️ Sui & Move VM (Move Smart Contracts) ⛓️ Solana (SPL) (SPL Token / Solana VM) ⛓️ Base L2 (Base OP-Stack Rollup) ⛓️ Avalanche (Avalanche C-Chain EVM) ⛓️ Optimism L2 (OP Mainnet EVM) ⛓️ Arbitrum L2 (Arbitrum One EVM Rollup)
📂 Stablecoins
🪂 Airdrops Hub
👁️ 151 Views
Ethena USDe (USDE) Live Price, Chart & On-Chain Telemetry
Live Reference Price (USD)
$1.00
1h: -0.01%
+0.01% 24h
+0.01% 7d
📋 Publicly Claimed Protocol Utility & Ecosystem Role
Publicly categorized under "Basis Trading" (Smart-Contract Token). Self-reported / public protocol description: "Ethena is a synthetic dollar protocol built on Ethereum"
Market Capitalization
$4.07B
Implied FDV
$4.07B
24h Trading Volume
$16.39M
Circulating Supply
4.07B USDE (100.0%)
Historical ATH & Drawdown
$12.71 (-92.13%)
Vol / MCap Turnover
0.40%
USDE Telemetry & Unit Converter
Mid-Cap ($1B–$10B)
TradingView Pair
BINANCE:USDEUSDT
Vol / MCap Turnover
0.40%
Supply Float
100.0% Unlocked
Max Cap
Dynamic
Interactive USD → USDE Converter
=
999.7470 USDE
🧮 Supply-Adjusted Ratio Calculator
Hypothetical Math Simulation
Ethena USDe (USDE) Market Cap Comparator
Calculate what 1 USDE would mathematically equal if Ethena USDe's circulating market cap ($4.07B) matched a benchmark asset or target valuation at constant supply (4.07B USDE).
Pre-Computed USDE Market Cap Comparison Matrix
| Benchmark Target | Target Market Cap | Implied USDE Price | Supply-Adjusted Ratio |
|---|---|---|---|
| Sector Leader (Tether — USDT) | $182.47B | $44.81 | 44.80x |
| Bitcoin (BTC) Market Cap | $1.62T | $397.39 | 397x |
| Ethereum (ETH) Market Cap | $286.09B | $70.25 | 70.24x |
| Solana (SOL) Market Cap | $59.89B | $14.71 | 14.70x |
| 2x Current USDE Market Cap | $8.15B | $2.00 | 2.00x |
| 5x Current USDE Market Cap | $20.37B | $5.00 | 5.00x |
| 10x Current USDE Market Cap | $40.73B | $10.00 | 10.00x |
Formula: Implied Price = Target Market Cap ÷ Current Circulating Supply. For mathematical comparison only.
USDE FDV vs. Circulating Supply Breakdown
Compares Ethena USDe's circulating float against its total/maximum protocol supply.
Circulating Float: 100.0%
Unissued / Locked: 0.0%
4.07B USDE in circulation
Dynamic / Uncapped Supply
Circulating Market Cap
$4.07B
Fully Diluted Valuation (FDV)
$4.07B
MCap / FDV Float Ratio
100.0% (1.00)
Float Profile
High Float (≥80%)
USDE All-Time High (ATH) Recovery Table
Recorded ATH for Ethena USDe is $12.71 (currently -92.13% from ATH).
| ATH Milestone | Milestone Price | Math % Change Needed | Implied Market Cap |
|---|---|---|---|
| 25% of Historical ATH | $3.18 | +217.7% | $12.94B |
| 50% of Historical ATH | $6.36 | +535.4% | $25.88B |
| 75% of Historical ATH | $9.53 | +853.1% | $38.82B |
| 100% Full Historical ATH | $12.71 | +1170.8% | $51.76B |
| 150% of Historical ATH | $19.07 | +1806.1% | $77.64B |
🪂 Historical & Speculative Airdrops Directory
Open Airdrops Hub →
Compare Ethena USDe (USDE) Against 37 Historical Crypto Airdrops
Explore documented genesis token distributions (Uniswap, Hyperliquid, Arbitrum, Jupiter, Optimism, ENS, Aptos) with live allocation value calculators and our 31-protocol Speculative Airdrops Watchlist.
Informational & Entertainment Reference Only — Not Financial or Airdrop-Farming Advice:
Historical airdrop figures reflect public retrospective records and current market prices for mathematical comparison only. Speculative listings reflect unconfirmed third-party protocols; there is zero guarantee any protocol will ever issue or distribute a token. Interacting with smart contracts or bridges carries risk of exploit, permanent loss of funds, and transaction fees exceeding any potential reward. Live Coin Charts never conducts airdrops, never links to claim portals, and will never ask you to connect a wallet or enter a seed phrase.
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Ethena USDe (USDE) Tokenomics, Ecosystem & Market Cap FAQ
1. What is the current market cap and rank of Ethena USDe (USDE)?
As of the latest public snapshot, Ethena USDe (USDE) holds a circulating market capitalization of $4.07B at a reference price of $1.00, ranking #32 out of the Top 1,000 cryptocurrencies tracked on Live Coin Charts.
2. Which blockchain ecosystem does Ethena USDe (USDE) belong to and what is its claimed utility?
Ethena USDe is indexed in public API registries under: Ethereum (ERC-20), BNB Chain (BEP-20), Sui & Move VM, Solana (SPL), Base L2, Avalanche, Optimism L2, Arbitrum L2. Publicly categorized under "Basis Trading" (Smart-Contract Token). Self-reported / public protocol description: "Ethena is a synthetic dollar protocol built on Ethereum"
3. What is USDE’s Fully Diluted Valuation (FDV) vs. circulating supply?
Ethena USDe has a reported circulating supply of 4.07B USDE and a dynamic/uncapped maximum supply, resulting in an implied Fully Diluted Valuation (FDV) of $4.07B (100.0% circulating float).
4. What would USDE’s price be if it reached Tether’s market cap?
Based on circulating-supply division (Target Market Cap ÷ Circulating Supply), if USDE reached Tether’s market cap of $182.47B, 1 USDE would mathematically equal $44.81 (44.80x current market cap).
5. How far is Ethena USDe (USDE) from its All-Time High (ATH)?
Ethena USDe recorded a historical All-Time High of $12.71 and currently trades -92.13% from that peak. Returning to 100% of its historical ATH would mathematically require a +1170.8% change from current reference levels.
6. Is this Ethena USDe (USDE) page financial or trading advice?
No. All market cards, live prices, TradingView charts, ratio calculators, ecosystem classifications, and publicly claimed utilities on Live Coin Charts are provided strictly for informational and educational reference only.
Informational & Educational Reference Disclosures
Not Financial, Investment, Tax, or Legal Advice
1. Informational Reference Only
All cryptocurrency prices, market capitalizations, charts, calculators, and airdrop archives on Live Coin Charts are provided strictly for informational and educational reference.
2. No Investment or Financial Advice
Nothing on this website constitutes financial, investment, trading, legal, or tax advice. Never make financial decisions based on hypothetical ratio simulations or unverified registry data.
3. Third-Party Data & Latency
Live market streams and on-chain metrics are aggregated from public APIs (Coinbase, Binance, CoinPaprika, DefiLlama, TradingView) on an "as-is" basis without warranty of accuracy.
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