Ethena USDe (USDe) market cap and supply

Ethena USDe (USDe) circulating supply is about $4.53B; it ranks #5 among stablecoins with a 1.5% share. Supply changed −2.7% over 7 days and −7.6% over 30 days. It circulates on 30 chains; the largest share is on Ethereum (54%). Price 0.9994 USD (deviation from $1: −0.06%).

Supply
$4.53B
Rank · share
#5 · 1.5%
7 days
−2.7%
30 days
−7.6%
1 year
−55.0%
Price
$0.9994

USDe supply — last year

Oct 28, 2025 – Oct 28, 2026high $10.09B (Oct 28, 2025)low $3.75B (Apr 28, 2026)vertical axis does not start at zero

USDe by chain

Ethereum$2.44B · 54
Plasma$586.6M · 13
Robinhood Chain$366.5M · 8
Base$352.7M · 8
Solana$315.6M · 7
TON$141.3M · 3
Monad$121.0M · 3
BSC$78.3M · 2
Mantle$78.0M · 2
Avalanche$21.1M · 0
Berachain$12.5M · 0
X Layer$7.6M · 0

The small number is that chain's share of USDe supply (%).

Frequently asked questions

What is the USDe market cap?

Ethena USDe (USDe) circulating supply is about $4.53B; it ranks #5 among stablecoins with a 1.5% share. Supply changed −2.7% over 7 days and −7.6% over 30 days. It circulates on 30 chains; the largest share is on Ethereum (54%). Price 0.9994 USD (deviation from $1: −0.06%). (2026-10-29 10:52 UTC)

How did USDe supply change over the last year?

Ethena USDe supply changed −55.0% over one year. High $10.09B, low $3.75B; currently −55.0% from the high.

Which chains is USDe on?

It circulates on 30 chains. Largest: Ethereum $2.44B, Plasma $586.6M, Robinhood Chain $366.5M, Base $352.7M, Solana $315.6M.

Other stablecoins