Ethena’s USDe token, often referred to as “synthetic dollar,” offers steady yields to investors by using ether (ETH) liquid staking tokens such as Lido’s stETH as backing assets, pairing them with an equal value of short ETH perpetual futures position on derivatives exchanges to keep a “rough target” of $1 price. This is also known as a “cash and carry” trade, which harvests derivatives funding rates for a yield.
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Bitcoin (BTC) $ 105,732.00
Ethereum (ETH) $ 2,640.91
Tether (USDT) $ 1.00
XRP (XRP) $ 2.26
BNB (BNB) $ 669.72
Solana (SOL) $ 157.31
USDC (USDC) $ 0.999788
Dogecoin (DOGE) $ 0.196329
TRON (TRX) $ 0.271724
Cardano (ADA) $ 0.699400
Lido Staked Ether (STETH) $ 2,639.72
Wrapped Bitcoin (WBTC) $ 105,659.00
Hyperliquid (HYPE) $ 36.25
Wrapped stETH (WSTETH) $ 3,175.89
Sui (SUI) $ 3.25
Chainlink (LINK) $ 14.38
Avalanche (AVAX) $ 21.34
Stellar (XLM) $ 0.275019
LEO Token (LEO) $ 8.89
Bitcoin Cash (BCH) $ 407.82
Toncoin (TON) $ 3.20
Shiba Inu (SHIB) $ 0.000013
Hedera (HBAR) $ 0.173168
USDS (USDS) $ 0.999868
WETH (WETH) $ 2,644.92
Litecoin (LTC) $ 90.65
Wrapped eETH (WEETH) $ 2,823.82
Monero (XMR) $ 352.11
Polkadot (DOT) $ 4.17
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Ethena USDe (USDE) $ 1.00
Bitget Token (BGB) $ 4.84
Pepe (PEPE) $ 0.000012
Pi Network (PI) $ 0.654371
Coinbase Wrapped BTC (CBBTC) $ 105,780.00
WhiteBIT Coin (WBT) $ 31.38
Aave (AAVE) $ 270.67
Uniswap (UNI) $ 6.82
Dai (DAI) $ 0.999948
Bittensor (TAO) $ 396.38
Ethena Staked USDe (SUSDE) $ 1.18
Aptos (APT) $ 4.96
NEAR Protocol (NEAR) $ 2.54
Cronos (CRO) $ 0.102836
OKB (OKB) $ 50.08
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Internet Computer (ICP) $ 5.44
Jito Staked SOL (JITOSOL) $ 190.00
Ethereum Classic (ETC) $ 17.73
Ondo (ONDO) $ 0.854496Bitcoin (BTC) $ 105,732.00Ethereum (ETH) $ 2,640.91Tether (USDT) $ 1.00XRP (XRP) $ 2.26BNB (BNB) $ 669.72Solana (SOL) $ 157.31USDC (USDC) $ 0.999788Dogecoin (DOGE) $ 0.196329TRON (TRX) $ 0.271724Cardano (ADA) $ 0.699400Lido Staked Ether (STETH) $ 2,639.72Wrapped Bitcoin (WBTC) $ 105,659.00Hyperliquid (HYPE) $ 36.25Wrapped stETH (WSTETH) $ 3,175.89Sui (SUI) $ 3.25Chainlink (LINK) $ 14.38Avalanche (AVAX) $ 21.34Stellar (XLM) $ 0.275019LEO Token (LEO) $ 8.89Bitcoin Cash (BCH) $ 407.82Toncoin (TON) $ 3.20Shiba Inu (SHIB) $ 0.000013Hedera (HBAR) $ 0.173168USDS (USDS) $ 0.999868WETH (WETH) $ 2,644.92Litecoin (LTC) $ 90.65Wrapped eETH (WEETH) $ 2,823.82Monero (XMR) $ 352.11Polkadot (DOT) $ 4.17Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00Ethena USDe (USDE) $ 1.00Bitget Token (BGB) $ 4.84Pepe (PEPE) $ 0.000012Pi Network (PI) $ 0.654371Coinbase Wrapped BTC (CBBTC) $ 105,780.00WhiteBIT Coin (WBT) $ 31.38Aave (AAVE) $ 270.67Uniswap (UNI) $ 6.82Dai (DAI) $ 0.999948Bittensor (TAO) $ 396.38Ethena Staked USDe (SUSDE) $ 1.18Aptos (APT) $ 4.96NEAR Protocol (NEAR) $ 2.54Cronos (CRO) $ 0.102836OKB (OKB) $ 50.08BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00Internet Computer (ICP) $ 5.44Jito Staked SOL (JITOSOL) $ 190.00Ethereum Classic (ETC) $ 17.73Ondo (ONDO) $ 0.854496
