sUSDe

sUSDeUSD pegStaked Stablecoin
Yield-bearing stableDelta-neutral hedge
VerifiedPart of Ethena
Staked USDe receipt token accruing protocol revenue. Savings asset, not a separate pegged stablecoin.

Metadata

Peg targetUSD
Sub-categoryStaked Stablecoin
ChainsArbitrum One
Arbitrum nativeNo
LiveLive
Founded

Off-chain facts

  • Yield SourceUpdated periodically

    sUSDe accrues Ethena protocol revenue — perpetual funding/basis on the delta-neutral hedge plus yield on liquid stablecoin reserves.

    Ethena docs