Live tape
Top 8, mentions 7d14,715MSFT2,549 mentions▲ +0.07GOOGL2,389 mentions▲ +0.05SPCX1,878 mentions▲ +0.06META1,834 mentions▲ +0.04AAPL1,633 mentions▲ +0.07SNDK1,604 mentions▲ +0.05NVDA1,574 mentions▲ +0.06QQQ1,254 mentions▲ +0.04
Stablecoin

Ethena USDe (USDE)

TheDistributed reference price, computed from on-chain venues · as of 30 Jul 12:09 UTC Method
$1.00
+0.00% 1D

Peg

USDE vs $1.00 · Latest: 12 minutes ago
+10 bp +5 -5 -10 bp $1.00 $1.0001 9 JUL 19 JUL 30 JUL Source: TheDistributed · as of 30 Jul 2026
Peg now $1.0001 · +1.2 bp
Worst deviation since 9 Jul 2026 (first day tracked) +3.4 bp · 19 Jul

On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 12:09 UTC. Method

Supply & valuation

How these are computed
Circulating supply 4.00B USDE

This asset's circulating supply (and any valuation computed from it) is carried from a named source rather than our own chain read: Powered by CoinStats.

Tracked DEX liquidity $100.4M

Holders & concentration

Data via Blockscout · as of 30 Jul 2026
Top 10 wallets hold 95.9% of supply
Top 50 wallets hold 99.1% of supply

Concentration is the standard due-diligence read on attention-driven assets: the fewer wallets control the supply, the more one seller can move the price. Exchange wallets pool many customers, so labelled exchange rows are not single holders.

Largest holders

0x9D39A5…3497 · sUSDe Token 40.3%
0x5d3a1F…ef34 · Ethena: USDe Bridge 39.5%
0x4F5923…DECF · Aave: aEthUSDe Token 6.1%
0x3CC936…CF18 · MEXC: Hot Wallet 3.2%
0xF97781…aceC · Binance: Hot Wallet 20 2.7%
0x63beE4…0936 · Bybit: Deposit Address 1.7%
0x4865d4…4106 · Bybit 19 0.8%
0x33AE83…c74C · Bybit: Deposit Address 0.7%
0xf89d7b…aA40 · Bybit: Hot Wallet 0.7%
0x3a3C00…1dc8 · Ceffu 2 0.4%

USDE — frequently asked questions

From live data

What is Ethena USDe's supply?

Ethena USDe has a circulating supply of 4.00B USDE. This asset's supply can't be read from the chain in a single call, so the figure is data powered by CoinStats rather than our own chain read — labelled as such on this page.

How is the USDE price here computed?

The USDE price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.

Does Ethena USDe have a market cap?

No market cap is shown for Ethena USDe. It is a stablecoin, and stablecoin supply figures are issuer claims rather than on-chain facts we can verify, so this page reports no market cap at all.

Is Ethena USDe its own blockchain?

No — Ethena USDe (USDE) is a stablecoin issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.

Answers are generated from the live figures on this page — our own reference price — and update as the data does.