Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion

Published on 10/27/2026 at 07:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ethena USDe supply reaches 4.95 billion, ranking 23rd by market cap. The Ethena USDe price is 1.000 USD on October 27, 2026.

Peg, supply and coverage

Supply reached 4.95 billion USDe on October 27, 2026.
Aave's October 12 review put backing at 101.43 percent.
The Ethena USDe price stands at 1.000 USD as of October 27, 2026, at the dollar target.
A cross-chain reading covered 35 other chains.

Ethena USDe, XCRYPTOUSDE6, Illustration mit AI erstellt.

Ethena USDe (USDe) price stands at 1.000 USD on October 27, 2026, while its circulating supply reaches 4.95 billion USDe. The dollar-pegged token ranks 23rd by market capitalization at 4.95 billion USD, according to Investing.com.

Aave review measured 4.76 billion USDe

A review dated October 12 examined USDe's backing and cross-chain structure. Aave reported backing of 4.76 billion USD against 4.76 billion USDe outstanding on that date. Its allocation included DeFi lending at 36.9 percent, liquid stablecoins at 24.9 percent, crypto basis positions at 17.6 percent, institutional lending at 14.3 percent and real-world assets at 6.0 percent.

The same October 12 assessment described USDe on X Layer as bridged through LayerZero rather than minted natively. Aave recorded 62.78 USDe on X Layer and said the network's daily supply had never exceeded 542.72 USDe, a measure of the deployment's limited balance at the time of the review.

Cross-chain check covered 35 networks

A separate on-chain review dated October 12 reconciled USDe held across Ethereum and other chains. EthenaDash recorded 2,292,201,958.40 USDe in Ethena's Ethereum LayerZero adapter, equal to 48.30 percent of Ethereum supply at 18:41 UTC. The review read 35 other chains and found their combined balance within 95.45 USDe of the adapter balance.

The bridge structure means tokens represented on other chains correspond to USDe locked on Ethereum. EthenaDash also recorded 153 LayerZero transfers during the measured period, including a 0.9995 USDe transfer to Stellar that had not been delivered at the time of the reading.

Investing.com listed rank 23

Investing.com listed the Ethena USDe price at 1.000 USD as of October 27, 2026, with a daily high of 1.000 USD and a daily low of 1.000 USD. The page showed a market capitalization of 4.95 billion USD and rank 23, 24-hour volume of 18.65 million USD, and circulating supply of 4.95 billion USDe, according to Investing.com.