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Ethena USDe — Live Price, Open Interest & Funding
#25 USDEEthena USDe (USDE) is a token cryptocurrency ranked #25 by market capitalisation. It is currently trading at $0.999587, down 0.02% over the last 24 hours. The 24-hour range has stretched from $0.99945 to $1.00051. 24-hour volume reached 8.6M USDE (~$8.59M), with total turnover of $8.59M. Open interest on perpetual futures sits at 502K USDE ($501.81K), reflecting the size of leveraged positions still open. Average funding rate across 1 exchanges is +0.0100%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $4.07B, with a circulating supply of 4.1B USDE. Ethena USDe launched in 2024. Live data is aggregated from 7 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.9999 | $477K | — |
| Bybit | $0.9989 | $14K | +0.01% |
| KuCoin | $0.9997 | $3.3K | — |
| Bitget | $0.9999 | $23K | — |
| HTX | $0.999 | $485K | — |
| MEXC | $1 | $1.1M | — |
| Gate | $0.9994 | $73K | — |
USDE technical analysis
as of 28.08.2026 13:02This is an automated summary of technical indicators, not investment advice. Crypto is highly volatile — make your own decisions.
Price changes
Key data
- Open interest
- 502K USDE ($501.81K)
- OI change
- 0.00% 1h -0.01% 24h
- OI / 24h turnover
- 0.06
- Where OI sits
- Bybit 100.0%
- Turnover · 24h
- $8.59M
- Volume · 24h
- 8.6M USDE ($8.59M)
- Fully diluted market cap
- $4.07B
- Circulating supply
- 4.1B USDE
- Total supply
- 4.1B USDE
Profile
- Rank
- #25
- Category
- Token
- Date Launched
- 20 Feb 2024
Links
Funding rate Ethena USDe
Funding is a payment between longs and shorts. Positive: longs pay shorts (bullish market), negative: shorts pay longs. Settlement intervals differ between venues, so each rate is shown alongside its 8-hour equivalent — the only form in which venues are comparable. The annualized figure assumes the current rate persists — arithmetic, not a forecast.
Where Ethena USDe positions were built
- 0.99929167 4.8%
- 0.99920833 14.6%
- 0.99910833 15.7%
- 0.99900833 62.5%
- 0.99890833 2.3%
Positive open interest increases over the last 7 days, bucketed by the price of the hour they occurred in. It shows where leverage was added, not where anyone gets liquidated: the side of the position is absent from this data. Most was built around 0.99900833. Built by: Bybit 100%.
The snapshot is taken on the hour boundary, so a weekly map is 168 points, not a continuous series. A bucket price is the price of the hour, not of each trade inside it. Position closures are not included.
Ethena USDe Price & Volume by Exchange
| Exchange | Futures | Vs market | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|---|
| Binance | — | — | $0.9999 | — | $477K | — |
| Bybit | $0.9989 | — | $0.9999 | 502K | $14K | +0.01% |
| KuCoin | — | — | $0.9997 | — | $3.3K | — |
| Bitget | — | — | $0.9999 | — | $23K | — |
| HTX | — | — | $0.999 | — | $485K | — |
| MEXC | — | — | $1 | — | $1.1M | — |
| Gate | — | — | $0.9994 | — | $73K | — |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of Ethena USDe (USDE)?
- Ethena USDe (USDE) is currently trading at $0.999587 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is USDE traded?
- Ethena USDe (USDE) is currently tracked across 7 exchanges: Binance, Bybit, KuCoin, Bitget, HTX, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the USDE funding rate now?
- Average USDE funding across 1 exchanges is +0.0100% — longs are paying shorts. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
- What is the USDE open interest now?
- Total USDE open interest across our tracked venues is 502K (~$501.81K in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on USDE price, OI or funding moves?
- JustScreener scans all 5,400+ coins on 10 exchanges every 60 seconds — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.