Ethena Staked USDe
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sUSDe to USD convertersUSDe
USD0
sUSDeUSDNo chart data available
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$0
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Price Performance
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$0Volume(24h)
$0FDV
$0Circulating Supply
0Total Supply
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$0Infinity Supply
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DeFi
Stablecoin
About Ethena Staked USDeEthena Staked USDe (sUSDe) is a yield-bearing wrapper token representing USDe deposited into Ethena's staking mechanism, enabling passive yield generation for Ethena's delta-neutral synthetic dollar holders through a value-accruing token model where redemption value increases over time while balance remains constant. Users deposit USDe to receive sUSDe, which continuously accrues yield from perpetual futures funding rates, staking rewards, and delta-neutral strategy revenue shared with token holders. Building on ERC-4626 vault standard for seamless DeFi integration, sUSDe enables users to earn yield on dollar-pegged assets while maintaining composability with lending protocols, AMMs, and derivatives platforms. Trading with growing institutional adoption as yield-bearing stablecoin demand accelerates, sUSDe adoption depends on sustained Ethena ecosystem growth, competitive yield rates relative to alternative yield-bearing stablecoins like sDAI and USDY, and institutional recognition of synthetic dollars as legitimate yield infrastructure.
Assets Details
Access Model
PermissionlessRedeemable
NoAttestations
NoCEX Listed
NoKYC to mint or redeem
NoTransferable
YesSelf Custody
Yes