Ethena USDe trader check

Ethena USDe is a stablecoin liquidity rail trading near $0.99931, with $5.92B in market cap and -0.02% over seven days. This page focuses on range, volatility, liquidity, slippage, and whether the setup is cleaner than nearby alternatives.

Open USDE Slippage definition

Decision Checklist

What should an active trader inspect first?

Current role: stablecoin liquidity rail.

Market cap: $5.92B.

24h volume: $70.94M.

Seven-day direction: -0.02%, currently flat versus the tracked board.

What should an active trader inspect first?

Market stats

Ethena USDe snapshot

$0.99931 -0.02% 7d

Ethena USDe carries $5.92B in market cap and $70.94M in 24 hour volume. Use those numbers as context, then follow the links below to pressure-test the decision.