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Top 8, mentions 7d7,438META2,242 mentions▲ +0.06GOOGL1,495 mentions▲ +0.02NVDA782 mentions▲ +0.09MUSE663 mentions▲ +0.07MSFT600 mentions▲ +0.06SPY565 mentions▲ +0.05QQQ552 mentions▲ +0.08TSLA539 mentions▲ +0.06
Stablecoin

Ethena USDe (USDE)

Reference price from DEX pools, via DexScreener · as of 28 Sep 19:24 UTC Method
$0.9997
+0.01% 1D

Reddit mentioned Ethena USDe 1 times in the 30 days to 28 September 2026, in 1 of the communities we track. All of them were scored for sentiment: 100% read bullish, 0% bearish and 0% neither. Reddit data updated 28 September 2026.

Peg

USDE vs $1.00 · Latest: 7 minutes ago
+10 bp +5 -5 -10 bp $1.00 $0.9997 29 AUG 13 SEP 28 SEP Source: TheDistributed · as of 28 Sep 2026
Peg now $0.9997 · -2.8 bp
Worst deviation · 30d -3.7 bp · 27 Sep

On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 19:24 UTC. Method

Supply & valuation

How these are computed
Circulating supply 4.00B USDE
Total supply 4.90B 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 $74.6M

Holders & concentration

Data via Blockscout · as of 28 Sep 2026
Top 10 wallets hold 95.1% of supply
Top 50 wallets hold 99.3% 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

0x5d3a1F…ef34 · Ethena: USDe Bridge 43.2%
0x9D39A5…3497 · sUSDe Token 26.4%
0x4F5923…DECF · Aave: aEthUSDe Token 11.3%
0xF97781…aceC · Binance: Hot Wallet 20 3.5%
0x63beE4…0936 · Bybit: Deposit Address 3.3%
0x33AE83…c74C · Bybit: Deposit Address 3.0%
0x3CC936…CF18 · MEXC: Hot Wallet 1.7%
0x4865d4…4106 · Bybit 19 1.5%
0xBBBBBb…FFCb · Morpho: Morpho Blue 0.6%

Ethena USDe · crowd attention × price

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1 mentions

Day28 Sep 2026

MENTIONS10–2 / day
PRICE$1.00$0.9996–$1.0002Source: DexScreener
Ethena USDe over the last 30 days, plotting daily Reddit mentions as bars, left-hand scale; the last price recorded each day as a line on its own right-hand scale, solid across consecutive days. A dashed lead-in along the baseline marks days before our record of this entity starts on 28 September 2026; it is not a run of zeroes.per day012usd$0.9996$0.9998$1.0000$1.000230 Aug6 Sep14 Sep21 Sep28 Sep
Ethena USDe over the last 30 days, plotting daily Reddit mentions as bars, left-hand scale; the last price recorded each day as a line on its own right-hand scale, solid across consecutive days. A dashed lead-in along the baseline marks days before our record of this entity starts on 28 September 2026; it is not a run of zeroes.30 Aug14 Sep28 Sep

Before our first record — not zero

The Distributed Sentinel 28 Sep 2026

Ethena USDe drew 1 Reddit mentions over the 30 days to 28 September 2026

This chart in words

The chart plots daily Reddit mentions of Ethena USDe over the 30 days to 28 September 2026: 1 in total, busiest on 28 September with 1, and 1 on the last day counted. We hold no record of Ethena USDe before 28 September 2026, so the dashed lead-in marks days this chart cannot describe: neither a run of zeroes nor a claim about when we started counting. The line is the last price recorded each day over the same window — these venues never close — from $1.00 on 30 August to $1.00 on 28 September.

DexScreener · DEX pool price, daily snapshot

Crowd sentiment on Ethena USDe · 30d

n = 1 scored · Method

1 mention of Ethena USDe was scored for sentiment in these 30 days, so that one reading IS the sample. A bullish or bearish share of it could only ever read 0% or 100%, which states the sample size and not the crowd — so none is drawn. The chart on this page applies the same 5-mention floor to every day it plots.

Where Ethena USDe is discussed

(30d)
r/wallstreetbets 100% 1 +0.25

USDE — frequently asked questions

From live data

What is Ethena USDe's supply?

Ethena USDe has a circulating supply of 4.00B USDE and a total supply of 4.90B USDE. This asset's supply can't be read from the chain in a single call, so the circulating 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: we take DEX pool prices from DexScreener and weight them by pool liquidity, rather than using an exchange feed. The full method 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.