Staked USDe

$1.4B market cap

Issued by Ethena · reviewed 8 September 2026

Market cap: $1.37B +2.01% 7d
30-day trend
Volume / market cap: 0.8%
Peg drift, 30 days: 25.00%

Market data as of 8 September 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Last verified 2026-06-27. 1 of the 8 fields shown is recorded but not yet verified and is marked below; 4 further tracked fields are not recorded.

Staked USDe (sUSDe) is a yield-bearing stablecoin by Ethena, offering returns from staking rewards and funding rates.

01

Instrument facts

8 of 12 tracked fields recorded

Symbol	sUSDe
Peg	USD
Backing	Crypto backed
Status	Active
Launched	2024
Networks	L1 EVM Ethereum unverified
Specifications	Backing Delta-neutral hedging strategy with cryptocurrencies and perpetual futures contracts. Auditor HT Digital, Chaos Labs, LlamaRisk, Chainlink Reserve reporting Weekly PoR attestations Redemption Users can redeem USDe for its underlying assets, subject to protocol terms and conditions.
Use cases	Yield

02

Contract addresses

27 chains

Chain	Address
Aptos	`0xb30a694a344edee467d9f82330bbe7c3b89f440a1ecd2da1f3bca266560fce69`
Arbitrum One	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Avalanche	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Base	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Berachain	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Binance Smart Chain	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Blast	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Ethereum	`0x9d39a5de30e57443bff2a8307a4256c8797a3497`
Fraxtal	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
HyperEVM	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Kava	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Linea	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Manta Pacific	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Mantle	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Metis Andromeda	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Mode	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Monad	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Morph L2	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Optimistic Ethereum	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Plasma	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Scroll	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Solana	`Eh6XEPhSwoLv5wFApukmnaVSHQ6sAnoD9BmgmwQoN2sN`
Swellchain	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
The Open Network	`EQDQ5UUyPHrLcQJlPAczd_fjxn8SLrlNQwolBznxCdSlfQwr`
X Layer	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
Zircuit	`0x211cc4dd073734da055fbf44a2b4667d5e5fe5d2`
zkSync	`0xad17da2f6ac76746ef261e835c50b2651ce36da8`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site · Whitepaper

03

Background

Staked USDe (sUSDe) is a yield-bearing version of Ethena's USDe stablecoin, designed to provide users with returns generated from staking rewards and funding rates. sUSDe maintains its peg through a delta-neutral hedging strategy, involving long positions in cryptocurrencies and short positions in perpetual futures contracts. Ethena employs multiple independent verifiers for its Proof of Reserves (PoR) attestations, ensuring transparency and trust.

Compiled from issuer disclosures, on-chain data and market data. Ethena · Methodology