Coingraph

Ethena USDe

USDE · rank #24

Down from all-time high

3.3%

The market is up 19% this month. USDE is up 0%. It is being left behind.

Post on X

What did it cost you?

Computed in your browser — the numbers never leave this page.

All-time high

$1.03

Dec 9, 2025

Price today

$0.9998

-0.0% 24h

$1,000 at the peak

$966.91

worth today

To break even

1.0x

257 days underwater

Is it coming back?

Still falling

Life signs

0/100

Off its lows

+1.0%

low $0.9896 · Feb 10, 2026

Still needs

1.0x

no recovery pace yet

Did it join the rally?

Bitcoin is +19% over 30 days. USDE is +0%. It is being left behind.

Market rallying · BTC +22.6% this week · dominance 59.2%

USDE price2 years · log scale
high $1now $0.9998

Market cap

$4.09B

30d trend down (-7%)

24h volume

$52.48M

30d trend down (-33%)

39/ 100

Death score

Alive

Holding up better than most of the market.

  • Price collapse2/50

    Down 3.3% from its all-time high of $1.03

  • Volume decay24/25

    Trading volume is 95% below its busiest sustained stretch

  • Market cap erosion11/15

    Market cap down 72% from $14.66B

  • Time underwater2/10

    257 days since the peak

Thinking of buying?

Baseline risk

8/100

  • Exit liquidityAdequate

    $52.48M traded daily against a $4.09B cap — 1.28% turnover.

  • Supply overhangNo cap

    No maximum supply published — issuance is unbounded or undisclosed.

  • Volatility2% annualised

    Contained, by crypto standards.

  • Track record3.3% below peak

    It is holding relatively close to its peak.

These are the checks before you buy USDE — not a recommendation either way. Coingraph never tells you what to hold.

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What actually happened, why it collapsed, whether recovery is realistic, and the red flags still in the data.

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Ethena USDe is down 3.3% — Coingraph