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Synthetic dollar
USDe is a basis trade with a ticker. Read the hedge book before the APY.
Founded
2023
TVL
$4.84B
DefiLlama when live
Funding
$14.00M
Status
live
Dossier
Synthetic dollar (USDe) funded by staked ETH plus short perps. The research is basis, custody, and what happens when funding flips.
Markets
1 pairsDesk note
local only · this browserENAWET ENA/WETHEthereum uniswap v3 · Ethena |
| $0.1596 |
| -6.99% |
| $217.33K |
| $760.40K |
50% 203 / 202 |
| 2y |