Staked USDe
sUSDeEthereum
Medium Risk
57T4
StablecoinsDeFi$1.2300-0.02% (24h)APY: 3.74%
$1.2324h Range$1.23
Market Cap
$1.79B
Fully Diluted Val
$2.09B
24h Trading Vol
$1.55M
Circulating Supply
1.55B
Total Supply
1.96B
Max Supply
∞
About sUSDe
sUSDe is the staked version of Ethena's synthetic dollar USDe. Yield is generated through ETH staking rewards and delta-neutral funding rate strategies on perpetual futures markets. APY has compressed from 27% at launch to ~3.5% as TVL contracted following the October 2025 event.
Backing
ETH/BTC collateral + short perp positions (delta-neutral)
Protocol
EthenaLoading chart data...
Price data from CoinGecko. Not financial advice.
Risk Breakdown
Smart Contract2/5
Market2/5
Liquidity2/5
Counterparty2/5
Regulatory2/5
Risk assessment is indicative. Conduct thorough due diligence before investing.
RWTS Trust Score
57
Trust Score
Tier 4: DeFi: Structured
Backing6/25
Verification16/20
Redeemability9/15
Security12/15
Regulation7/15
Track Record7/10
Total57/100
Tier 4: Synthetic & Structured : Structured products using synthetic strategies, algorithmic mechanisms, or leverage.
View MethodologyYield Calculator
$
Daily Earnings
$0.10
Monthly Earnings
$3.07
Yearly Earnings
$37.40
Calculations are indicative. Actual yields may vary.
Info
Quick Facts
Lock-up7-day cooldown on unstaking
AuditedYes
ProtocolEthena
Risk LevelMedium