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Ethena Staked USDe Price

SUSDE · by market cap

Live price · USD
$1.23
-0.02%

-0.01% 1h +0.17% 7d +0.31% 30d +4.71% 1y

Loading chart…

Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Jun 2026.

Market cap
$1.75B
 
24h volume
$11.81M
Traded last 24h
Dominance
0.08%
of total market
Fully diluted val
$1.75B
FDV at max supply
Vol / mcap
0.7%
Liquidity ratio
Circulating
1.42B SUSDE
Uncapped supply

Ethena Staked USDe — key takeaways

At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.

What’s moving Ethena Staked USDe

Ethena Staked USDe (SUSDE) is trading at $1.23, +0.17%% over the past week and +0.31%% over the month, as of Jun 25, 2026. Below is the latest reporting and analysis on Ethena Staked USDe from the DMC News desk.

→ Ethena Staked USDe price prediction: 2026, 2027, 2030 & 2035 scenarios
All Ethena Staked USDe news & analysis from our desk →

Ethena Staked USDe price prediction & peg outlook

Ethena Staked USDe (SUSDE) is a stablecoin engineered to track $1.00, so a conventional appreciation forecast does not apply. The relevant question is peg stability: over the trailing year its price has held within a tight band (realised volatility ≈ 110.0%), and the model's expectation across 2026–2035 remains anchored at $1.00 under normal conditions, with transient depegs possible during market stress or reserve/redemption disruptions. Evaluate the collateral model, attestations and redemption mechanism rather than price targets.

Ethena Staked USDe price returns & market statistics

Ethena Staked USDe (SUSDE) trades at $1.23. The tables below summarise its performance across timeframes and its core supply and valuation metrics.

Price performance
PeriodChange
1 hour0.0%
24 hours0.0%
7 days+0.2%
30 days+0.3%
1 year+4.7%
From all-time high-4.7%
From all-time low+21.5%
Market statistics
Market cap$1.75B
Fully diluted valuation$1.75B
24h trading volume$11.81M
Volume / market cap0.7%
Market dominance0.08%
Circulating supply1.42B SUSDE
Total supply1.42B SUSDE
Max supply
All-time high$1.29 Jan 29, 2025
All-time low$1.01 Apr 3, 2024

Understanding Ethena Staked USDe

What is Ethena Staked USDe (SUSDE)?

Ethena Staked USDe (SUSDE) is a stablecoin designed to hold a value of roughly $1.00, giving traders and users a way to move in and out of crypto positions and settle payments without exposure to volatile price swings. Its usefulness depends on the quality of its reserves or collateral and the reliability of its redemption mechanism.

How does Ethena Staked USDe work?

The peg is maintained either by holding reserves (cash and short-term instruments) that back each token one-for-one, or by algorithmic and crypto-collateralised mechanisms that expand and contract supply. Arbitrageurs profit from buying below $1 and selling above it, which pulls the price back toward parity.

ROI calculator

Hypothetical · educational only
Today it would be worth
$—

Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.

Where to trade Ethena Staked USDe

10 exchanges · sorted by volume
# Exchange Pair Price
1 Uniswap V4 (Ethereum) 0X9D39A5DE30E57443BFF2A8307A4256C8797A3497/0XDAC17F958D2EE523A2206206994597C13D831EC7 $1.23 Trade ↗
2 Curve (Ethereum) 0X83F20F44975D03B1B09E64809B757C47F942BEEA/0X9D39A5DE30E57443BFF2A8307A4256C8797A3497 $1.23 Trade ↗
3 Fluid (Ethereum) 0X40D16FC0246AD3160CCC09B8D0D3A2CD28AE6C2F/0X9D39A5DE30E57443BFF2A8307A4256C8797A3497 $1.23
4 Uniswap V4 (Ethereum) 0X9D39A5DE30E57443BFF2A8307A4256C8797A3497/0XDAC17F958D2EE523A2206206994597C13D831EC7 $1.23 Trade ↗
5 Curve (Ethereum) 0X5086BF358635B81D8C47C66D1C8B9E567DB70C72/0X9D39A5DE30E57443BFF2A8307A4256C8797A3497 $1.23 Trade ↗
6 Fluid (Ethereum) 0X9D39A5DE30E57443BFF2A8307A4256C8797A3497/0XDAC17F958D2EE523A2206206994597C13D831EC7 $1.23
7 Fluid (Plasma) 0X211CC4DD073734DA055FBF44A2B4667D5E5FE5D2/0XB8CE59FC3717ADA4C02EADF9682A9E934F625EBB $1.23
8 Curve (Ethereum) 0XDDC0F880FF6E4E22E4B74632FBB43CE4DF6CCC5A/0X9D39A5DE30E57443BFF2A8307A4256C8797A3497 $1.23 Trade ↗
9 Curve (Plasma) 0X211CC4DD073734DA055FBF44A2B4667D5E5FE5D2/0XB8CE59FC3717ADA4C02EADF9682A9E934F625EBB $1.23
10 Oku Trade (Plasma) 0XB8CE59FC3717ADA4C02EADF9682A9E934F625EBB/0X211CC4DD073734DA055FBF44A2B4667D5E5FE5D2 $1.23

Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.

Other stablecoins

Top 9 by market cap

Live market data, refreshed continuously. Click any coin to view its full profile.

Compared to peers

Normalised · max = 100
Market Cap 24h Volume Stability Dev Activity Community Liquidity
Ethena Staked USDe SUSDE
Bitcoin BTC
Tether USDT

Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.

Tokenomics & supply

Total issued: 1,419,339,213 SUSDE
Circulating 100.0%
  • Circulating 1,419,339,213 SUSDE 100.0%

Uncapped supply — new tokens enter circulation per protocol schedule.

Ethena Staked USDe price analysis

At $1.23, Ethena Staked USDe (SUSDE) is currently within striking distance of record territory. That is 4.7% below the record high of $1.29, and roughly 22% above the all-time low of $1.01.

Momentum-wise, SUSDE has traded broadly sideways over the past month (+0.17% (7d), +0.31% (30d), +4.71% (1y)). With 24-hour volume at 0.7% of market cap, turnover is relatively thin, so larger orders can move the price more easily. Crypto prices are highly volatile; these readings describe recent history, not a forecast.

What drives the price of Ethena Staked USDe?

As a stablecoin, SUSDE is designed to track the US dollar, so its price should stay near $1.00. What matters is not appreciation but peg stability, the quality and transparency of reserves, and total supply — supply growth signals rising demand for on-chain dollar liquidity.

Ethena Staked USDe has no fixed supply cap, so the rate of new issuance (and any burn mechanism that removes tokens) is an important driver of its long-term price.

Like nearly all crypto assets, SUSDE also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.

Risks & considerations

  • High volatility. Ethena Staked USDe can gain or lose a large share of its value in a short time. Over the past year alone SUSDE has moved about 5%.
  • Regulatory uncertainty. Crypto rules differ by jurisdiction and continue to evolve, which can affect availability, liquidity and price.
  • De-peg & issuer risk. The value depends on the issuer holding adequate, redeemable reserves; stablecoins have broken their peg before during stress events.
  • Liquidity & concentration. Thinner markets and concentrated holdings can amplify price swings and make large positions hard to exit.
  • Not advice. Only allocate capital you can afford to lose, and consider consulting a licensed financial adviser. Nothing on this page is personalised investment advice.

About Ethena Staked USDe

Ethena Staked USDe (SUSDE) is a cryptocurrency in the Manta Network Ecosystem and Aptos Ecosystem category. It currently trades at $1.23, with a 24-hour trading volume of $11.81M and a market capitalisation of $1.75B, placing it at rank —.

Frequently asked questions about Ethena Staked USDe

What is Ethena Staked USDe (SUSDE)?

Ethena Staked USDe (SUSDE) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks a major position among all cryptocurrencies by total market value. It belongs to the Manta Network Ecosystem and Aptos Ecosystem category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.

How does Ethena Staked USDe work?

Ethena Staked USDe is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.

How much Ethena Staked USDe is in circulation?

Ethena Staked USDe has no hard supply cap. There are currently 1,419,339,213 SUSDE in circulation, and the supply continues to grow at a rate determined by the protocol's issuance schedule.

What is the all-time high price of Ethena Staked USDe?

Ethena Staked USDe reached an all-time high of $1.29 on January 29, 2025. Currently the price sits 4.7% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.

How can I buy Ethena Staked USDe?

Ethena Staked USDe (SUSDE) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their SUSDE to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.

Is Ethena Staked USDe a good investment?

Cryptocurrencies, including Ethena Staked USDe, are highly volatile and carry significant risk of loss. Over the past year, SUSDE has gained approximately 4.7% of its value. Whether Ethena Staked USDe is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.

How is Ethena Staked USDe different from Bitcoin?

Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Ethena Staked USDe (SUSDE) focuses on manta network ecosystem use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Ethena Staked USDe's value is tied to adoption within its specific use case and underlying network effects.

What is the market cap of Ethena Staked USDe?

Ethena Staked USDe (SUSDE) has a market capitalisation of approximately $1.75B. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.

What determines the price of Ethena Staked USDe?

The price of Ethena Staked USDe (SUSDE) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.

What is the Ethena Staked USDe price prediction?

No one can reliably predict the future price of Ethena Staked USDe or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.

Is Ethena Staked USDe safe?

"Safe" depends on two separate things: how you hold Ethena Staked USDe (SUSDE), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.

Can I stake Ethena Staked USDe?

Whether Ethena Staked USDe can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock SUSDE — by running a validator or delegating to one — to help secure the network and earn rewards. Check Ethena Staked USDe's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.

Latest news about Ethena Staked USDe

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