FM Terminal · Financial Move
Ethena USDe logoBybit · spot · perp

Ethena USDe (USDE)

FM on-chain score
0neutral
proprietary read · up to 24h delayedlive score in the terminal →

A synthesis of derivatives, on-chain flow, smart money and social into one number from −100 to +100. Not financial advice — see the methodology.

Market

Daily snapshot · data up to 24h delayed
Price
$1
24h
-0.01%
Market cap
$3.88B
24h turnover (Bybit)
$1.94M

Trade USDE/USDT on Bybit

Fundamental analysis

on the Financial Move blog · in Portuguese

Ethena USDe (USDE): Vale a Pena? Análise

Ethena USDe é o synthetic dollar cripto-nativo que atingiu US$ 10B em supply mais rápido da história, usando estratégia delta-neutral com ETH, LSTs e perpétuos. Nesta análise fundamentalista completa, vamos explorar mecanismo, riscos, sUSDe e se vale a pena usar em 2026.

Tasso Lagoupdated May 01, 2026Read the full analysis

Derivatives

data up to 24h delayed
Funding APR · 1 exch.
+1.89%
Open interest
$999,080.1
OI / market cap
0.0%

Funding by exchange

Annual
  • Bybit+1.89%

Open interest by exchange

share
  • Bybit$999,080.1 100.0%