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Ethena USDe

Ethena USDe Price History (USDE)

Current price: $0.999697 · 5-year history · Updated: 9/19/2026

Not financial advice. Read disclaimer

Current Price
$0.999697
ATH (5y)
$1.00
4/7/2026
ATL (5y)
$0.99804
6/30/2026
5y Total Return
-0.03%

Price Chart (5 Years)

Year-by-Year Performance

YearOpenCloseHighLowYear ROI
2026$1.00$0.99981$1.00$0.99804-0.02%

Year-by-Year Analysis

Ethena USDe in 2026

2026 was a year of consolidation for Ethena USDe. Price opened at $1.00 and closed at $0.99981 — an annual return of -0.02%. Within the year, prices ranged between $0.99804 and $1.00 — a 0% range.

Ethena USDe in Market Context

Market Position

Ethena USDe (USDE) sits at rank #23, an established mid-cap in the upper quintile, with a current market cap of $4.81 B. As a stablecoin, Ethena USDe is engineered for low volatility. Valuation rests less on the Score and more on peg stability and reserve attestations.

Recent Price Action

Trading at $0.9997, Ethena USDe sits at 97% of its all-time high ($1.03) — profit-taking pressure historically intensifies near these levels. Over the last 7 days, Ethena USDe has moved sideways at +0.00%; over 30 days it has moved sideways at +0.00%.

Valuation Signals

At 53.4/100, Ethena USDe is in "Fair Value" territory — market and fundamentals are balanced; no clear buy or sell signal from valuation alone. MVRV at 20/100 is a warning sign — price sits materially above the average on-chain cost basis. Low dev activity (score 0/100) is a cluster risk — project stagnation elevates long-term delisting risk.

Risk Profile

Stablecoin risks: depeg events (UST-style collapse), banking-partner insolvency for reserve-backed stables, and OFAC/compliance exposure. Strong tokenomics (85/100): bounded emission, decentralized distribution, and no activation cliffs on the horizon.

Cycle Insights

  • Biggest rally: From ATL ($0.99804) to ATH ($1.00), Ethena USDe gained 0% — typical for bull market tops.
  • Current state: Ethena USDe currently trades at 99.9% of its ATH and 0% above its ATL.
  • Volatility: Price range between ATH and ATL is 1.0x — crypto-typical high volatility that makes DCA strategies (vs lump-sum) attractive.

Frequently Asked Questions

What is the Ethena USDe all-time high?

Ethena USDe's all-time high in our historical data is $1.00 on 4/7/2026. Currently Ethena USDe trades at $0.999697 — below the ATH (99.9% of peak). Data covers the past 5 years.

What is the Ethena USDe all-time low?

Ethena USDe's lowest price in the past 5 years was $0.99804 on 6/30/2026. From ATL to today, the price moved 0%.

How has Ethena USDe performed in recent years?

Annual returns: 2026: -0.02%. Across all 1 years in our data: -0.03% total return from first data point.

Where does the historical price data come from?

All price data is sourced from CoinGecko — one of the largest and most reputable crypto data providers. We store daily closing prices for the past 5 years. Data refreshes daily (24h ISR cache).