Ethena Staked USDe
Staked synthetic dollar (USDe). Yield comes from a delta-neutral basis trade — NOT treasury-backed, and highly variable.
No KYC on secondary market · self-custody
Stake USDe at app.ethena.fi or buy sUSDe on a DEX/CEX
Who may buy is set by the issuer — check their terms.
Where to buy sUSDe
Open in trader view →sUSDe trades on 23 exchanges and DEXs. The largest by 24-hour volume:
| Venue | Pair | 24h volume | Spread |
|---|---|---|---|
| DEXUniswap V4 (Ethereum) ↗ | SUSDE/USDT | $2.1M | 0.61% |
| DEXCurve (Ethereum) ↗ | REUSD/SUSDE | $2.0M | 0.60% |
| DEXCurve (Ethereum) ↗ | FRXUSD/SUSDE | $208K | 0.60% |
| DEXFluid (Ethereum) | GHO/SUSDE | $160K | 0.60% |
| DEXCurve (Plasma) | SUSDE/USDT0 | $111K | 0.60% |
| DEXCurve (Ethereum) ↗ | sUSDe/SUSDE | $79K | 0.60% |
| DEXUniswap V4 (Ethereum) ↗ | SUSDE/USDT | $52K | 0.60% |
| DEXUniswap V4 (Ethereum) ↗ | OUSD/SUSDE | $40K | 0.21% |
Source: CoinGecko, 2026-10-19 · listed by volume, not a recommendation · check that the venue serves your country
Key facts
- Yield / return
- ~4.71% (variable)
- Risk
- Medium-High
- Minimum
- None
- Liquidity
- 7-day cooldown to unstake; sell instantly on a DEX
- Custody
- Self-custody (collateral held by centralized custodians)
- KYC
- None (on-chain)
- Figures verified
- 2026-10-18
Details
- Issuer
- Ethena Labs
- Type
- Yield Stablecoins
- Category
- Yield Stablecoins
- Pillar
- Fixed Income
- Yield source
- Delta-neutral futures basis trade + staking
- Network
- Ethereum (+L2)
- Jurisdiction
- —
- AUM
- —
Questions about sUSDe and Yield Stablecoins
- sUSDe or sUSDS — where does each yield come from, and which one is riskier?
- Which tokenized assets can an AI agent buy on its own, without KYC — and which pays the most?
- What is the best stablecoin yield on Ethereum right now?
- Which stablecoins actually pay me a yield, and where does that yield come from?
- Which real-world-asset and yield tokens can I buy without KYC, using only a self-custody wallet?
Buying sUSDe: common questions
How do I buy sUSDe?
Stake USDe at app.ethena.fi or buy sUSDe on a DEX/CEX. The token runs on Ethereum (+L2). Minimum: None.
Where can I buy sUSDe?
sUSDe trades on 23 exchanges and DEXs. By 24-hour volume the largest are Uniswap V4 (Ethereum) (SUSDE/USDT), Curve (Ethereum) (REUSD/SUSDE), Curve (Ethereum) (FRXUSD/SUSDE), Fluid (Ethereum) (GHO/SUSDE), Curve (Plasma) (SUSDE/USDT0) (CoinGecko, 2026-10-19). Check that the venue serves your country before you sign up.
Do I need KYC to buy sUSDe?
Not on the secondary market: sUSDe can be bought on a DEX without identity verification.
Other Yield Stablecoins from other issuers
101 more in this category, from other issuers.
Figures last verified against a live source on 2026-10-18. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON