Ethena Staked USDe
Ethereum
Yield Aggregator
Synthetic
Basis Trading
Yield - detailed view
Historical annualized return, based on the vault's share price change and any rewards accrued during the period.
Charts time range:
- Total yield
- 4.40%
- Base
- 4.40%
Show APY as avg. of
Loading...
Where does the yield come from?
Yield-bearing form of USDe, Ethena's synthetic dollar. USDe backing is composed of a mix of staked ETH collateral, stablecoin and RWA reserves, and institutional lending positions. Yield is drawn from ETH staking rewards, funding rates on delta-hedged short perpetual futures, and interest on reserve assets. Deposited USDe converts to sUSDe, which accrues protocol earnings and appreciates in value as yield compounds.
Data last updated: Aug 20, 06:00 PM