Ethena

Balance

$0.00

4.3%

Get started by buying USDe and staking it for sUSDe.

Token	Balance	Daily Earnings	APY
sUSDe $0	$0 0	$0	4.3%

USDe $1.00	$0	Potential +$0	-

Other Stablecoins USDT, USDC, USDS	$0	Potential +$0	-

Ecosystem Pendle, Aave, etc.	$0	Rewards 0	-	Rewards

You receive

Rewards Eligible

Estimated Gas: <$0.01

USDe will be available to withdraw 7 days after unstaking. Unstaking is only supported on Ethereum.

What is Ethena?: Ethena is a protocol that issues USDe, a synthetic dollar backed by delta-neutral holdings in Bitcoin, Ethereum, and other crypto assets.
How does staking work?: When you stake USDe, you receive sUSDe, which automatically compounds your staking rewards. You can unstake anytime, subject to a 7 day cooldown period.
How is revenue generated?: Ethena generates revenue through funding rates from perpetual futures positions as well as from reward payments on stablecoin holdings.