Ethena Staked USDe

Ethena Staked USDe (SUSDE) ranks #7843 by market capitalization, at $1.22B. It belongs to the Stablecoins sector (Crypto-Backed Stablecoins). It has traded since Apr 4, 2024, across 8 markets on 10 exchanges, with $2.62M of volume in the last 24 hours. Its all-time high of $1.28 was reached on Oct 28, 2026; the current price is 2.3% below that peak. Its cycle low of $1.24 came on Nov 1, 2026.

951.77M SUSDE are in circulation. It is available on 14 networks.

Ethena Staked USDe is a protocol on Ethereum that offers a synthetic dollar, USDe, designed to function independently of traditional banking systems. USDe is backed by crypto assets and short futures positions, aiming to provide a stable, crypto-native currency solution. The protocol also offers an on-chain, dollar-denominated rewards instrument called the "Internet Bond," which combines revenue from staked assets and derivatives markets. Ethena’s ecosystem is integrated with both centralized and decentralized finance platforms.