Ethena sUSDe
Ethena is a synthetic dollar protocol that generates yield through a delta-neutral strategy using funding rates of perpetual futures positions. There is currently 3,527,772,787 USDe supplied in Ethena sUSDe with suppliers earning 3.58% APY. The total supplied has decreased by 7.46% (284.3M USDe) in the past 30 days. Visit Ethena website
Daily history
Daily snapshots (midnight UTC) showing historical supply APY and total supplied for Ethena sUSDe.
| Date | Supply APY | Supplied |
|---|---|---|
| Feb 25, 2026 | 3.56% | 3,539,804,840 USDe |
| Feb 24, 2026 | 3.55% | 3,564,497,205 USDe |
| Feb 23, 2026 | 3.54% | 3,572,007,193 USDe |
| Feb 22, 2026 | 3.53% | 3,577,786,089 USDe |
| Feb 21, 2026 | 3.51% | 3,591,043,939 USDe |
| Feb 20, 2026 | 3.33% | 3,591,525,787 USDe |
| Feb 19, 2026 | 3.33% | 3,593,779,059 USDe |
| Feb 18, 2026 | 3.32% | 3,596,362,538 USDe |
| Feb 17, 2026 | 3.30% | 3,620,530,395 USDe |
| Feb 16, 2026 | 3.29% | 3,625,301,323 USDe |
Monthly history
Monthly snapshots (1st of each month) showing historical supply APY for the preceding 30d and total supplied for Ethena sUSDe.
| Date | Supply APY 30d | Supplied |
|---|---|---|
| Feb 01, 2026 | 4.78% | 3,774,722,420 USDe |
| Jan 01, 2026 | 4.38% | 3,475,450,424 USDe |
| Dec 01, 2025 | 5.14% | 3,921,810,588 USDe |
| Nov 01, 2025 | 4.29% | 5,027,482,684 USDe |
| Oct 01, 2025 | 7.17% | 6,022,438,027 USDe |
| Sep 01, 2025 | 7.44% | 5,637,561,130 USDe |
| Aug 01, 2025 | 6.54% | 5,023,054,320 USDe |
| Jul 01, 2025 | 4.89% | 3,154,752,112 USDe |
| Jun 01, 2025 | 5.54% | 3,108,173,659 USDe |
| May 01, 2025 | 4.91% | 2,107,846,775 USDe |
Methodology
Learn how we calculate the total supplied and supply APR for Ethena sUSDe. Data sourced from ERC-4626 vault contract. Live and historical supply APR calculated by measuring the 24h growth of the exchange rate.
Addresses
- Vault: 0x9d39a5de30e57443bff2a8307a4256c8797a3497 (Ethereum)
Methods
- Supply = totalAssets()
- Supply index (exchange rate) = totalAssets() / totalSupply()
- Supply APR = (exchangeNow / exchangePast - 1) * secondsPerYear / lookbackSeconds