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Proof of Reserves

H&TChaos LabsLlamaRiskChainlink

Independent third-party verification of the backing assets of USDe.

Protocol Backing Ratio

101.25%

Total Backing (+ Reserve Fund)

$5.06B

USDe Total Supply

5.00B

USDe Price

$0.999

System Backing

1/3 1/13 1/23 2/2 2/11 2/21 3/3 3/13 3/23 4/2 4/13 $0 $1B $2B $3B $4B $5B $6B

USDe Secondary Price

12/23 2/24 4/24 6/24 7/24 9/24 11/24 12/24 2/25 4/25 $0.95 $0.96 $0.97 $0.98 $0.99 $1.00 $1.01 $1.02 $1.03 $1.05

Venue Breakdown

19% 8% 5% 67%
  • Binance
  • Bybit
  • OKX
  • Deribit
  • Bitget
  • Unallocated

USDe Supply

1/24 2/24 4/24 6/24 7/24 9/24 11/24 12/24 2/25 4/25 $1B $2B $3B $4B $5B $6B

Backing

Last Updated: 13 Apr 25 17:59
Backing APY3.49%
Backing Notional5.00B
Binance19%
ByBit8%
OKX5%
Deribit0%
Bitget
Ethena LogoUnallocated Backing
67%
BTC
BTC17%
$489.19M
$213.56M
$164.29M
$5.01M
$0
$0.08M
ETH
ETH6%
$212.81M
$22.24M
$57.01M
$7.27M
$0
$0
ETH LSTs
ETH LSTs4%
$106.02M
$74.9M
$0
$0
$0
$0.45M
SOL
SOL1%
$31.19M
$0
$0
$0
$0
$0
Liquid Stables
Liquid Stables72%
$130.2M
$79.19M
$32M
$1.24M
$0
$3.37B

Custodian Attestations

Last Updated: 28 Feb 2025 09:00
CopperCEFFU
All
2025
2024
March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024

Proof of Reserves

Last Updated: 11 Apr 25 07:06
How it works?Learn More
Harris & TrotterChaos LabsLlamaRiskChainlink

11 Apr 2025

Overcollateralized
Delta-Neutral
Ethena Labs
 Yes
 Yes
Harris & Trotter
 Yes
 Yes
Chaos Labs
 Yes
 Yes
LlamaRisk
 Yes
 Yes
Chainlink
 Yes
 Yes

Independent Third Party Data Links

Llamarisk Dune Chaos Labs Into the Block DefiLlama Token Terminal Debank
gitbooktelegramgithubnotionmirror
APY:5%
TVL:$6.43B