← Back to atlas

USDe — Ethena

Synthetic dollar backed by delta-neutral hedged crypto positions; sUSDe distributes yield.

Visit official site ↗
Category
Algorithmic / Crypto-backed
Regulatory regime
Decentralized / Unregulated
Issuer
Ethena Labs
Region
Global
Peg
USD (synthetic)

Blockchain protocols

Ethereum

Deep profile

How it works, revenue model and regulation breakdown for USDe — Ethena are part of the Pro deep profile. Upgrade to read the full analysis on every tracked model.