
STABLECOIN / USD
USDe
Ethena USDe, issued by Ethena Labs. Synthetic / hedged.
01 / ISSUER & STRUCTURE
What supports the unit.
- ISSUER
- Ethena Labs
- UNIT
- USD
- ISSUANCE MODEL
- Synthetic / hedged
- RESERVE / COLLATERAL
- Crypto collateral + derivatives hedges
- YIELD PROFILE
- Optional via sUSDe
- ATTESTATION
- Onchain dashboard
- REGULATORY POSTURE
- Offshore protocol
- REDEMPTION
- Protocol-based for eligible users
02 / INTERPRETATION
How to read this record.
Reserve, redemption and reporting fields come from issuer or protocol materials linked in the source record.
Supply, momentum and peg fields are dated observations from a market-data source, not live prices or executable quotes.