Compare
Normalised product comparison
Put products side by side. Issuers publish fees, yields and redemption terms in different formats, so every figure here has been converted to the same basis first. Rows are grouped into economics, liquidity, access and regulation, infrastructure, and how well sourced the data is.
Normalised comparison
As of 29 Aug 2026
Ethena USDe
USDe· Ethena
Identity
Ticker
USDe
Issuer
Asset class
Stablecoin
Product structure
Payment Stablecoin
Underlying asset
Delta-neutral crypto collateral
Launched
01 Dec 2023
Economics
Yield
10.50%
Yield basis
30-day trailing APY
Expense ratio
0.00%
Yield net of fee
10.50%
AUM
$5.30B
21D AUM change
0.0%
NAV per token
1.0000 USD
Base currency
USD
Weighted average maturity
0d
Liquidity
Redemption frequency
Daily
Dealing cut-off
24/7 smart contract
Settlement
Instant on-chain
Redemption fee
None
Secondary venues
Binance, Bybit, Curve, Uniswap
Access & regulation
Investor eligibility
RetailInstitutional
Minimum investment
$0
Available in
EUSGUKCHHKAE
Prohibited
US
Issuer jurisdiction
Fund domicile
British Virgin Islands
Legal structure
BVI Professional Fund
Allow-list required
No
Transfer restrictions
Freely transferable on-chain.
Infrastructure
Networks
4
Custodian
Administrator
Transfer agent
Tokenization platform
Oracle / attestation
chainlink
Highlighted cells mark the most favourable value on rows where a single direction is unambiguously better (higher yield, lower fee, lower minimum, faster redemption, shorter maturity, greater scale, better coverage). Rows marked * carry a caveat: hover the label. Yields quoted on different bases are not directly comparable; product structure changes what you legally own. This is data, not a recommendation.