Ethena Staked USDe(sUSDe)Onchain Marketcap$1.73b
Onchain Marketcap by chain
Ethereum$1.313b
Plasma$292.89m
Mantle$85.14m
Monad$21.35m
Solana$6.03m
Base$4.42m
BSC$2.92m
Arbitrum$2.15m
Berachain$919,578
Hyperliquid L1$591,656
Fraxtal$293,684
Avalanche$61,312
Blast$4,606
ZKsync Era$762
Scroll$646
Linea$557
Mode$515
OP Mainnet$425
Manta$44
Metis$20
Morph$11
Zircuit$2
Kava$1
X Layer$0
Key Metrics
Active Marketcap$1.73b
Ethereum$1.313b
Plasma$292.89m
Mantle$85.14m
Monad$21.35m
Solana$6.03m
Base$4.42m
BSC$2.92m
Arbitrum$2.15m
Berachain$919,578
Hyperliquid L1$591,656
Fraxtal$293,684
Avalanche$61,312
Blast$4,606
ZKsync Era$762
Scroll$646
Linea$557
Mode$515
OP Mainnet$425
Manta$44
Metis$20
Morph$11
Zircuit$2
Kava$1
X Layer$0
DeFi Active TVL$1.47b
Aave V3$527.23m
Ethereum$239.7m
Plasma$205.46m
Mantle$81.91m
Monad$136,716
Avalanche$28,707
ZKsync Era$130
LayerZero V2$417.7m
Ethereum$417.7m
Re$167.56m
Ethereum$163.26m
Base$4.3m
Arbitrum$6,360
Pendle V2$128.4m
Plasma$85.97m
Ethereum$21.42m
Monad$21m
Hyperliquid L1$640
BSC$596
Berachain$236
Morpho Blue$101.73m
Ethereum$101.59m
Arbitrum$137,892
Hyperliquid L1$575
Monad$16
Olympus DAO (Treasury)$29.85m
Ethereum$29.85m
Curve DEX$21.06m
Ethereum$20.65m
Plasma$407,678
Hyperliquid L1$3,390
Fraxtal$1,511
Mantle Treasury (Treasury)$20.34m
Ethereum$17.13m
Mantle$3.21m
Aave V4$18.98m
Ethereum$18.98m
Inverse Finance FiRM$15.31m
Ethereum$15.31m
Curve LlamaLend$6.53m
Ethereum$6.53m
Derive V2$5.45m
Ethereum$5.45m
Arbitrum$7,590
Merit Circle (Treasury)$2.49m
Ethereum$2.49m
Venus Core Pool$2.09m
BSC$2.09m
Ethereum$160
Fluid Lending$1.39m
Ethereum$962,098
Arbitrum$428,636
Plasma$1,555
Base$84
Lista Lending$757,504
BSC$757,504
Parallel Protocol V3$628,512
Hyperliquid L1$523,101
Ethereum$105,411
Terminal Finance Pre-Deposits$490,261
Ethereum$490,261
Derive (Treasury)$428,880
Ethereum$428,880
Symbiotic$334,031
Ethereum$334,031
Uniswap V4$289,994
Ethereum$273,084
BSC$13,227
Base$1,496
Monad$964
Avalanche$876
OP Mainnet$167
Blast$138
Arbitrum$42
Fraxlend$146,861
Ethereum$146,861
OpenGDP Shared Security$128,800
Ethereum$128,800
Yearn (Treasury)$111,540
Ethereum$111,540
Latch$98,892
Ethereum$98,892
dTRINITY dLEND$98,238
Fraxtal$97,480
Ethereum$758
Euler V2$91,626
Ethereum$88,904
BSC$2,674
Plasma$36
Avalanche$12
InfinityPools$47,620
Base$47,620
MUX Perps$31,413
Arbitrum$31,413
Reserve Protocol$25,558
Ethereum$25,558
Folks Finance xChain$22,160
Avalanche$22,160
Fuel Bridge$17,683
Ethereum$17,683
Kamino Lend$15,776
Solana$15,776
Metric V2$14,479
Ethereum$14,479
Alto$12,704
Ethereum$12,704
Ebisu V2$9,519
Ethereum$9,519
Velodrome V3$9,398
Fraxtal$9,398
UwU Lend$8,554
Ethereum$8,554
Kodiak V3$7,454
Berachain$7,454
Phoenix Protocol$6,333
Ethereum$6,333
DYAD$5,457
Ethereum$5,457
Beraborrow$5,110
Berachain$5,110
Loopscale$3,694
Solana$3,694
Supernova CL$2,759
Ethereum$2,759
Balancer V2$2,447
Fraxtal$2,161
Ethereum$286
zkLink Nova$2,312
Ethereum$2,312
Blackwing$1,570
Ethereum$1,570
Balancer V3$1,530
Plasma$1,153
Ethereum$366
Base$11
HyperLend Pooled$1,326
Hyperliquid L1$1,326
Hyperdrive$1,249
Ethereum$1,249
Uniswap V3$916
Ethereum$916
Orca DEX$812
Solana$812
Manifest Trade$767
Solana$767
Rumpel Labs$723
Ethereum$723
Lucidly Finance$630
Ethereum$630
Cork V1$625
Ethereum$625
Odyssey Finance$366
Ethereum$353
Plasma$13
Shezmu$330
Ethereum$330
Thruster V3$300
Blast$300
Balancer CoW AMM$259
Base$259
Everything$247
Ethereum$247
AirPuff$240
Ethereum$240
Joe V2.2$221
Avalanche$221
INIT Capital$215
Blast$215
Base Bridge$187
Ethereum$187
Aave (Treasury)$183
Ethereum$183
Blackhole CLMM$164
Avalanche$164
Ajna V2$113
Ethereum$113
Anvil$110
Ethereum$110
HypurrFi Pooled$67
Hyperliquid L1$67
PancakeSwap Infinity$65
BSC$65
Fraxtal$62
Ethereum$62
Merchant Moe Liquidity Book$51
Mantle$51
Ekubo$41
Ethereum$41
Enzyme Finance$33
Ethereum$33
BEX$33
Berachain$33
Fungify$32
Ethereum$32
Splice Finance$32
Mode$32
Origin ARM$27
Ethereum$27
Omni Exchange V3$24
Base$24
HypurrFi Isolated$17
Hyperliquid L1$17
Meteora DAMM V1$16
Solana$16
Meteora vaults$16
Solana$16
Lendle Pooled Markets$15
Mantle$15
Lithos$14
Plasma$14
Ambient$14
Scroll$14
PancakeSwap AMM V3$11
Base$11
sUSDe Price$1.25
Chains24
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerEthena Labs, S.A.
Registry InformationEthena Labs, S.A. is a Portuguese company limited by shares that develops the USDe protocol. The sUSDe staking contract is an ERC-4626 vault on Ethereum that holds USDe and accrues protocol rewards to stakers through the share price.
Sourcehttps://www.lei-lookup.com/record/894500K29XZNTAWSC539/
Notes
- sUSDe is the staked form of Ethena USDe. Depositors stake USDe in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as protocol rewards accrue, so the position grows through share price rather than through a rising balance. Unstaking passes through a cooldown enforced by the vault before USDe can be withdrawn. Ethena describes the reward stream as protocol revenue from funding and basis spread on delta-hedged crypto positions, from lending revenue, from real world asset yield, and from liquid stablecoin rewards, so only part of the return is real world asset income and the dominant driver in normal conditions is perpetual funding. The share of backing held in liquid stablecoins and tokenized short-duration government debt rises when funding rates fall below Treasury yields, which is the purpose of the USDtb allocation. Rewards are distributed at the discretion of the protocol and periods of negative revenue are absorbed by the reserve fund rather than passed to holders. The Ethereum contract is the canonical vault and the deployments on other chains are bridged representations that do not themselves hold USDe.
DeFi Yield Opportunities (58)
Pool | Reference | Protocol | Chain | 30d Trend | ||||
|---|---|---|---|---|---|---|---|---|
| 1sUSDeStaked USDe | USDe | $1.313b | 5.01% | Stable 95 | 11,826 | |||
| 2reUSDRe Protocol Deposit Token | reUSD | $247.89m | 6.63% | Stable 98 | 771 | |||
| 3aEthsUSDeAave Ethereum sUSDe | sUSDe | $236.08m | 0.00% | Mixed 58 | 625 | |||
| 4aPlasUSDeAave Plasma sUSDe | sUSDe | $205.43m | 0.00% | Mixed 66 | ||||
| 5aMansUSDeAave Mantle sUSDe | sUSDe | $81.9m | 0.00% | Stable 76 | ||||
| 6DOLA-sUSDeDOLA/sUSDe | DOLA-sUSDe | $59.84m | 3.84%1.24%+2.60% | Stable 92 | 34 | |||
| 7DOLA-sUSDeDOLA/sUSDe | DOLA-sUSDe | $50.27m | 4.79%1.24%+3.55% | Stable 92 | 34 | |||
| 8PT-sUSDE-22OCT2026PT Ethena sUSDE 22OCT2026 | sUSDe | $20.92m | 5.17% | Stable 93 | 12 | |||
| 9PLP-sUSDE-22OCT2026PLP Ethena sUSDE 22OCT2026 | sUSDe | $20.92m | 8.12%8.04%+0.08% | Stable 88 | 109 | |||
| 10reUSDeRe Protocol reUSDe | reUSDe | $20.23m | 12.29% | Stable 100 | 526 |
Chains
Ethereum
PrimaryBase
Arbitrum
OP Mainnet
Avalanche
Mantle
Scroll
Linea
Blast
Mode
Berachain
Fraxtal
Kava
Hyperliquid L1
Plasma
Zircuit
Metis
X Layer
Manta
Morph
Monad
ZKsync Era
Solana