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 $1.00013, up 0.01% over the last 24 hours. The 24-hour range has stretched from $0.999763 to $1.00226. 24-hour volume reached 14M USDe (~$14.09M), with total turnover of $14.09M. Open interest on perpetual futures sits at 1.9M USDe ($1.94M), reflecting the size of leveraged positions still open. Average funding rate across 1 exchanges is -0.0146%, with shorts paying longs — typically a sign of bearish positioning. Market capitalisation is $4.50B, with a circulating supply of 4.5B 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 | $1.0004 | $4.7M | — |
| Bybit | $0.9994 | $28K | -0.0146% |
| KuCoin | $0.999 | $26 | — |
| Bitget | $1.0004 | $481K | — |
| HTX | $1.001 | $1.4M | — |
| MEXC | $1.0004 | $2M | — |
| Gate | $1.0001 | $11K | — |
Price changes
Key data
- Open interest
- 1.9M USDe ($1.94M)
- Turnover · 24h
- $14.09M
- Volume · 24h
- 14M USDe ($14.09M)
- Fully diluted market cap
- $4.50B
- Circulating supply
- 4.5B USDe
- Total supply
- 4.5B USDe
Profile
- Rank
- #25
- Category
- Token
- Date Launched
- 20 Feb 2024
Links
Funding rate Ethena USDe
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Ethena USDe Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | — | $1.0004 | — | $4.7M | — |
| Bybit | $0.9994 | $1.0003 | 1.9M | $28K | -0.0146% |
| KuCoin | — | $0.999 | — | $26 | — |
| Bitget | — | $1.0004 | — | $481K | — |
| HTX | — | $1.001 | — | $1.4M | — |
| MEXC | — | $1.0004 | — | $2M | — |
| Gate | — | $1.0001 | — | $11K | — |
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 $1.00013 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 −0.0146% — shorts are paying longs. 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 negative rate means short positioning is dominant; sustained readings below −0.05% commonly precede a short-squeeze — a sharp move up as shorts cover at market.
- What is the USDe open interest now?
- Total USDe open interest across our tracked venues is 1.9M (~$1.94M 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 4000+ pairs on 10 exchanges every minute — 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.