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USDe (USDE)

★#51B

Ethereum·USDE·0x4c9e…68b3

$1.00−0.18% (24h, feed)−0.04% (1h, feed)0.00% Change (3h)

Data snapshot: 2026-10-17 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice

Market cap
$4.80B
Volume 24h · DEX
$15.40M
Circulating
4.80B USDE
FDV
$4.80B

USDE price and market data

$0.994$0.997$1.003$1.0062026-10-16 06:15 · $1.002026-10-16 09:15 · $1.002026-10-16 15:15 · $1.002026-10-16 18:15 · $1.002026-10-16 21:15 · $0.99962026-10-17 · $1.002026-10-17 00:15 · $1.002026-10-17 03:15 · $1.0010-16 06:1510-16 15:1510-16 21:1510-17 03:15$1.00
$0.994$0.997$1.003$1.0062026-10-16 06:15 · $1.002026-10-16 09:15 · $1.002026-10-16 15:15 · $1.002026-10-16 18:15 · $1.002026-10-16 21:15 · $0.99962026-10-17 · $1.002026-10-17 00:15 · $1.002026-10-17 03:15 · $1.0010-16 06:1510-16 15:1510-16 21:1510-17 03:15$1.00

Dated price measurements: 8, 2026-10-16 to 2026-10-17. Each point is a measurement, not an interpolation.

BHostDeFi Insightsstructural read · 75/100
⚠ Can mint✓ Cannot freeze
  • the contract can mint new supply — holders can be diluted at will
  • the pool is large in dollars but thin against this token's own market cap — size an exit against the pool, not the cap

Top-10 holders: 95.07% of supply (checked 2026-09-27)

Full safety read → · how grades are computed

USDE statistics

Market cap
$4.80B
Volume 24h
$15.40M DEX
Volume / Market cap
0.32%
FDV
$4.80B
Circulating supply
4.80B USDE (99.9%)
Total supply
4.81B USDE
Max supply
Uncapped
Liquidity
$13.17M
Holders
48,976
Age
84 days
Low measured
$0.996 · 09-30
High measured
$1.00 · 10-08
Top-10 holders
95.07%

About USDe

USDe (USDE) is a Ethereum token, 84 days on the tracked record, carrying a HostDeFi structural grade of B. The desk's full analysis sits on the News tab; the scanner's live checks sit in the Insights panel above.

Links

Explorer etherscan.ioHostDeFi RPCEthereum markets

Ecosystem

StablesEthereumHostDeFi Ethereum RPCValidator

USDE price history

Every dated snapshot we hold — nothing interpolated between them.

DatePriceMarket capLiquidityHoldersGrade
2026-10-17$1.00$4.69B$13.45M48,976B
2026-10-16$0.9996$4.69B$13.05M48,976B
2026-10-15$1.00$4.74B$12.84M48,976B
2026-10-14$1.00$4.78B$13.44M48,976B
2026-10-13$0.9994$4.76B$12.76M48,976B
2026-10-12$0.9992$4.75B$13.27M48,976B
2026-10-11$0.9991$4.76B$13.08M48,976B
2026-10-09$0.999$4.80B$13.17M48,976B
2026-10-08$0.9996$4.87B$12.76M48,804B
2026-10-07$0.9994$4.89B$14.57M48,804B
2026-10-06$0.9999$4.97B$14.50M48,961B
2026-10-05$1.00$4.91B$14.22M48,804B
2026-10-04$0.9994$4.90B$14.63M48,804B
2026-10-03$1.00$4.89B$14.56M48,804B
2026-10-02$0.9991$4.89B$15.26M48,804B
2026-10-01$1.00$4.90B$14.30M48,804B
2026-09-30$0.9996$4.87B$13.68M48,804B
2026-09-27$0.9991$4.94B$14.81M48,804B
2026-09-26$0.9997$4.90B$14.19M48,804B
2026-09-21$1.00$4.89B$14.19M48,804B
2026-09-14$1.00—$1.53M—B
2026-09-08$0.9996—$787.08K—B

FAQ

Is USDE a safe token?

As of the 2026-10-09 snapshot, USDE scores 75/100 (grade B) on HostDeFi's on-chain read — based on a contract that can mint new supply, cannot freeze or blacklist transfers, liquidity of $13.17M and 48,976 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.

Can you sell USDE, or is it a honeypot?

The 2026-10-09 contract read found no sell-blocking controls on USDE — no honeypot flag, no transfer pause, no blacklist — and every honeypot GoPlus positively flags is dropped from this index outright. That clears the contract side; how cleanly an exit fills still depends on your size against the $13.17M of measured depth.

Who holds most of USDE?

The wallet that created USDE holds <0.01% of the supply as of 2026-10-09 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 48,976; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.

Can USDE's supply be inflated?

Yes — the contract can still mint new supply as of the 2026-10-09 snapshot, so the deployer or a minter role can dilute holders. Treat the circulating figure as a floor, not a cap.

What is the USDE contract address?

The USDE contract address on Ethereum is 0x4c9edd5852cd905f086c759e8383e09bff1e68b3. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.

Where can you buy USDE safely?

Run the live on-chain scan at the top of this page first; if USDE clears, you can swap it here directly. Whatever venue you use, match the contract address (0x4c9edd5852cd905f086c759e8383e09bff1e68b3) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.

More Ethereum tokens

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USDE markets

PairVenuePriceTxns 24hVolume 24hLiquidityVol %
USDe / USDC 0.003%Uniswap V4 (Ethereum)$0.9993338$15.96M$923.01K83.2%Trade
USDe / USDC 0.01%Uniswap V3$0.999472$1.63M$2.42M8.5%Trade
USDe / USDTFluid (Ethereum)$0.996931$616.76K$1.66M3.2%Trade
USDT / USDeCurve$0.996673$431.33K$1.23M2.2%Trade
MNT / USDe 0.3%Uniswap V3$0.9961107$216.69K$3.48M1.1%Trade
USDe / USDT 0.005%Uniswap V4 (Ethereum)$1.0074$103.60K$353.74K0.5%Trade
USDe / sUSDe 0.005%Ekubo V3 (Ethereum)$0.995873$77.06K$10.93K0.4%Trade
USDe / USDCCurve$1.0018$71.09K$490.48K0.4%Trade
USDe / FRAXCurve$1.0024$14.71K$33.91M0.1%Trade
USDe / crvUSDCurve$1.0012$10.55K$312.75K0.1%Trade
USDe / USDT 0.003%Ekubo V3 (Ethereum)$0.996945$9.15K$3.57K0.0%Trade
USDe / USDT 0.006%Uniswap V4 (Ethereum)$1.0010$8.70K$39.67K0.0%Trade
iUSD / USDeFluid (Ethereum)$0.99567$8.36K$13.88K0.0%Trade
USDe / USDT 0.01%Uniswap V3$0.996227$7.71K$35.02K0.0%Trade
GHO / USDeCurve$1.0015$6.56K$43.97K0.0%Trade
USDe / USDC 0.003%Ekubo V3 (Ethereum)$1.0048$6.15K$3.19K0.0%Trade
OUSD / USDeCurve$0.99953$1.67K$51.05K0.0%Trade
USDe / frxUSD 0.01%Uniswap V4 (Ethereum)$0.99682$1.47K$20.09K0.0%Trade
USDe / DAICurve$0.9982$139.95$146.64K0.0%Trade
USDe / USDtbFluid (Ethereum)$1.012$134.19$167.30K0.0%Trade

Top tracked pools by 24h volume — GeckoTerminal via our lane. Pool age where the feed carried it; pair price prints only when the feed reported one.

DEX pairs only — we track decentralized venues; there is no CEX table to imitate honestly. Rows click through to our pool page, the Trade action opens our own swap.

Trade USDE

Live quote and wallet connect open in the app — free, non-custodial.

USDE to USD converter

USDE=$1.00USD
USD=99.9715USDE

At the latest measured price (2026-10-17).

Global USDE prices

USDE to EURUSDE to GBPUSDE to JPYUSDE to AUDUSDE to CADUSDE to CHFUSDE to CNYUSDE to BRLUSDE to INRUSDE to KRW

USDe intel

HostDeFi's generated read on USDE — written from the stored snapshot, figures re-rendered at each refresh.

USDe is Ethena's synthetic dollar — a stablecoin that holds its peg not with bank deposits but with a delta-neutral trade: spot crypto collateral (staked ETH, liquid stables) hedged by short perpetual futures, so the portfolio's dollar value stays flat whatever the market does. The contract 0x4c9edd5852cd905f086c759e8383e09bff1e68b3 is the canonical Ethereum deployment — USDe also exists on Solana under a different mint, where it is one of the deeper stable pools in our corpus. Our October 9, 2026 read shows $13.2 million of tracked pool liquidity on the mainnet venues.

The honest mechanics: USDe's yield is not magic — it is the funding-rate spread between staking yield and the perp market's willingness to pay longs, and that spread can and does go negative. When funding flips, Ethena pays the hedge instead of earning it, and the carry can invert into a slow bleed. The second layer is counterparty: the short positions sit on offshore exchanges through settlement custody, so exchange failures or frozen collateral are real, non-theoretical risks — the design survived the October 2025 liquidation cascade, which is evidence, not a guarantee. It is also not the same risk shape as UST: USDe is fully collateralized at inception; the failure mode is a sustained negative-funding grind plus a custody break, not a mint-redeem death spiral.

sUSDe — the staked version — is where the yield actually accrues; plain USDe is the transferable dollar. Figures are HostDeFi's read dated October 9, 2026; the scan refreshes them. Before sizing in, verify the contract against Ethena's official docs — stablecoin tickers are the most-cloned strings on any chain.

Related coverage

Compare: USDE vs AZTECUSDE vs REUSDUSDE vs APXUSDUSDE vs AAVEUSDG vs USDEXAUT vs USDESafety readMarket reports

USDE community

Holder base: 48,976 tracked accounts. No project social on record — never trust a handle you cannot trace to the contract.
Scan USDE in TelegramWatchlist USDESafety read & checks
Page link · click to copyhttps://hostdefi.com/markets/ethereum/usde/

HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product