Ethena USDe stablecoin vaults
About USDE vaults
Ethena USDe is used in 31 stablecoin vaults with $1.4B TVLacross 10 protocols. The largest vaults are Staked USDe, Strata Senior USDe, Concrete USDe MultiSig Strategyand the most popular vault protocols are Ethena, Liquid Royalty and Accountable. The last 30 days' average yield is 4.6%.
15 vaults are excluded from this ranking due to minimum TVL requirements or risk issues.
About Ethena USDe
USDe is a synthetic dollar protocol by Ethena Labs that uses delta-hedging staked ETH positions. It generates yield through staking rewards and futures funding rates. USDe is one of the fastest-growing stablecoins by market capitalisation.
Stablecoin price 1 USDE = $1.00
31
vaults TVL $1B Avg. return 4.52% Stablecoin-only Updated
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The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Junior Vault Master Unknown vault protocol | 17.7%* | 9.7%* | 3.1%* | 5.8 | 1.6% | -6.5% | USDe | $232.21K $246.09K | 0.5 | --- | Unknown | Unknown |  | ||
Felix USDe Morpho | 9.4% | 7.6% | 9.8% | 7.1 | 1.0% | -0.1% | USDe | $352.95K $25.54M | 1.3 | 0.0%/ 10.0% | Instant | Negligible |  | ||
Strata Junior USDe Unknown vault protocol | 8.1%* | 8.4%* | 7.6%* | 75.4 | 0.1% | -0.4% | USDe | $7.26M $54.14M | 0.9 | --- | Unknown | Unknown |  | ||
Felix USDe V2 Morpho | 7.9% | 7.9% | 0.3% | 71.9 | 0.1% | 0.0% | USDe | $120.76K $120.76K | 0.04 | 0.0%/ 10.0% | Instant | Negligible |  | ||
ALAR SailOut Royalty Liquid Royalty | 7.7% | -5.6% | 24.5% | -1.8 | 3.1% | -12.8% | USDe | $1.59M $1.88M | 0.6 | --- | 7d | Severe |  | ||
TESS USDe sUSDe Loop Vault IPOR Fusion | 5.7% | 7.9% | 1.1% | 8.6 | 0.9% | -0.1% | USDe | $672.31K $3.67M | 0.1 | 0.0%/ 0.0% | Private | Low |  | ||
Dolomite: USDe Unknown vault protocol | 5.2%* | 2.4%* | 6.1%* | 3.9 | 0.6% | 0.0% | USDe | $15.68K $30.67M | 1.6 | --- | Unknown | Unknown |  | ||
Staked USDe Ethena | 4.6% | 4.2% | 24.8% | 147.1 | 0.0% | 0.0% | USDe | $1.32B $6.14B | 2.8 | 0.0%/ 0.0% | 7d | Negligible |  | ||
Meridian Liquidity Provider Accountable | 4.5% | 7.5% | 0.9% | 5.8 | 1.2% | -0.0% | USDe | $2.37M $2.51M | 0.1 | 1.0%/ 0.0% | Unknown | Severe |  | ||
AavEthena Loop Mainnet IPOR Fusion | 4.3% | 4.2% | 2.2% | 3.6 | 1.3% | -1.5% | USDe | $179.81K $2.93M | 0.5 | 0.6%/ 10.0% | Instant | Low |  | ||
Strata Senior USDe Unknown vault protocol | 3.9%* | 3.5%* | 3.2%* | 110.8 | 0.0% | 0.0% | USDe | $20.63M $225.93M | 0.9 | --- | Unknown | Unknown |  | ||
K3 Capital Yield Market Euler | 2.7% | 1.6% | 8.1% | 3.8 | 0.4% | 0.0% | USDe | $34.65K $9.62M | 1.7 | 0.0%/ 10.0% | Instant | Negligible |  | ||
Fluid USDe Fluid | 2.1% | 4.4% | 1.8% | 5.3 | 0.8% | 0.0% | USDe | $18.21K $42.88M | 1.0 | 0.0%/ --- | Instant | Low |  | ||
Junior Vault Unknown vault protocol | 1.7%* | -5.4%* | 0.1%* | -3.8 | 1.4% | -6.0% | USDe | $2.70M $2.83M | 0.5 | --- | Unknown | Unknown |  | ||
Wrapped Aave Ethereum USDe Unknown vault protocol | 1.4%* | 1.4%* | 4.1%* | 69.1 | 0.0% | 0.0% | USDe | $50.75K $115.76K | 1.6 | --- | Unknown | Unknown |  | ||
Hyperdrive Primary USDe Market Unknown vault protocol | 1.2%* | 2.1%* | 6.5%* | 26.7 | 0.1% | -0.1% | USDe | $53.56K $2.51M | 1.4 | --- | Unknown | Unknown |  | ||
Apostro Ethena USDe Morpho | 0.1% | 0.1% | 8.2% | 6.2 | 0.0% | 0.0% | USDe | $57.81K $4.70M | 1.5 | 0.0%/ 10.0% | Instant | Negligible |  | ||
Senior Vault Master Liquid Royalty | 0.0% | 0.0% | 0.0% | 1.7 | 0.0% | -0.0% | USDe | $215.63K $399.99K | 0.6 | --- | 7d | Severe |  | ||
Ethereal Pre-deposit Vault Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $1.80M $1.31B | 1.6 | --- | Unknown | Unknown |  | ||
Terminal USDe Midas | 0.0% | 0.0% | 0.0% | 0.0 | 0.0% | 0.0% | USDe | $429.23K $249.84M | 1.2 | --- | Unknown | Low |  | ||
Strata Pre-deposit Receipt Token Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $169.04K $326.13M | 1.1 | --- | Unknown | Unknown |  | ||
Karak - USDe Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $150.46K $81.31M | 2.4 | --- | Unknown | Unknown |  | ||
yPT-USDe (auto-rolling Pendle PT) Yearn | 0.0% | 0.0% | 1.7% | 0.0 | 0.0% | 0.0% | USDe | $64.25K $2.36M | 2.2 | 0.0%/ 0.0% | Instant | Low |  | ||
Junior Tranche Liquid Royalty | 0.0% | 0.0% | 5.0% | 2.0 | 0.0% | -2.3% | USDe | $2.10M $2.14M | 0.8 | --- | 7d | Severe |  | ||
Concrete USDe MultiSig Strategy Unknown vault protocol | 0.0%* | 0.0%* | 2.3%* | 0.0 | 0.0% | -1.6% | USDe | $779.85K $6.37M | 1.4 | --- | Unknown | Unknown |  | ||
Concrete USDe MultiSig Strategy Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $13.43M $71.88M | 1.4 | --- | Unknown | Unknown |  | ||
USDeVault Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $6.99M $56.10M | 0.9 | --- | Unknown | Unknown |  | ||
Concrete-BeraUSDe-Vault Unknown vault protocol | 0.0%* | 0.0%* | 1.4%* | 0.0 | 0.0% | -1.7% | USDe | $779.85K $6.37M | 1.4 | --- | Unknown | Unknown |  | ||
Alar Unknown vault protocol | 0.0%* | 0.0%* | 0.0%* | 0.0 | 0.0% | 0.0% | USDe | $850.68K $850.69K | 0.7 | --- | Unknown | Unknown |  | ||
HLPe Upshift | -0.0% | -0.0% | 0.0% | -0.01 | 0.0% | -0.9% | USDe | $281.41K $39.99M | 0.9 | 0.0%/ 20.0% | 1d | Severe |  | ||
Strata-Money PTs looping Ethereum IPOR Fusion | -0.8% | -0.4% | 4.0% | -4.5 | 0.1% | -2.8% | USDe | $14.37K $6.44M | 1.1 | 0.5%/ 10.0% | Instant | Low |  |
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