Ethena Staked USDe SUSDE
1. Summary
- Price
-
$1.17 +0.1%
- Market Cap
- $2.97B (#34)
- Supply
- 2.50B / 2.50B
- Description
-
Ethena Staked USDe (SUSDE) is a token that allows users to stake their USDe token in exchange for a yield-bearing equivalent. Users can stake and unstake their USDe through the Ethena Labs dApp interface, which requires signing a transaction with their selected wallet. Upon successful confirmation, users receive sUSDe, which is atomically swapped w...
Ethena Staked USDe (SUSDE) is a token that allows users to stake their USDe token in exchange for a yield-bearing equivalent. Users can stake and unstake their USDe through the Ethena Labs dApp interface, which requires signing a transaction with their selected wallet. Upon successful confirmation, users receive sUSDe, which is atomically swapped with their staked USDe.
Users do not need to do anything additional to receive the yield; it accumulates within the staking contract. Yield is not paid directly to sUSDe holders. Instead, the value of sUSDe rises over time as the protocol yield is transferred into the Staking smart contract. This means that users will always receive an amount of USDe reflecting the staked amount plus any increase in value of sUSDe when they choose to unstake.
sUSDe is designed using a token vault mechanism, similar to Rocketpool's rETH, to provide protocol yield to permitted users. This ensures that the value of sUSDe will not decline, even during periods of negative yield. Any potential losses are expected to be covered by the Reserve Fund.
Overall, Ethena Staked USDe offers a decentralized, yield-generating staking mechanism that blends the stability of stablecoins with the censorship resistance of cryptocurrencies.
| Price | |
| 52W High price | $1.18 |
| 52W High date | 29th May 2025 (1 day ago) |
| All Time High (ATH) Date | 29th Jan 2025 (4 months ago) |
| ATH Price | $1.29 |
| % From ATH | -9.08% |
| All Time Low (ATL) Date | 3rd Apr 2024 (1 year ago) |
| ATL Price | $1.01 |
| % From ATL | 15.95% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $29.59M |
| Total Supply | 2.50B |
| Circulating Supply | 2.50B |
SUSDE
How does Ethena Staked USDe's (SUSDE) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
0.5%
SUSDE
6.4%
Similar Market Cap
60 Day Return
1.0%
SUSDE
5.5%
Similar Market Cap
1 Year Return
9.8%
SUSDE
19.7%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 224,768 |
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Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://app.ethena.fi/ |
|---|---|
| Explorer | https://etherscan.io/token/0x9D39A5DE30e57443BfF2A... |
| @ethena_labs |
What is the correct contract address for Ethena Staked USDe?
| Ethereum | 0x9d39a5de30e57443bff2a8307a4256c8797a3497 |
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Has Ethena Staked USDe been audited for security?
No security audits found for this project.
Are you the owner of Ethena Staked USDe? Edit it here
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