Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion

Published on 10/24/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USDe launched on X Layer on October 23, 2026. The Ethena USDe price is 1.000 USD on October 24, 2026.

Stablecoin expansion and reserves

On October 23, 2026, USDe launched natively on X Layer through an Aave v3 integration.
LayerZero data counted 153 USDe transfers across routes from October 11 to October 12, 2026.
The Ethena USDe price stands at 1.000 USD as of October 24, 2026, at the dollar target.
A reserve update dated October 11, 2026, reported approximately 66 million USD in excess collateral.

Ethena USDe, XCRYPTOUSDE6, Illustration mit AI erstellt.

Ethena USDe (USDe) remains at its dollar target, and the Ethena USDe price stands at 1.000 USD on October 24, 2026. Circulating supply is 4.95 billion USDe, according to Investing.com.

X Layer added USDe on October 23, 2026

Ethena deployed USDe natively on X Layer on October 23, 2026, with Aave v3 as the first integration on the network. The deployment gives OKX Wallet users direct on-chain access to USDe, while staking and looping functions were planned for a later stage, according to TokenPost. X Layer is a blockchain network associated with OKX, and Aave v3 is a decentralized lending protocol.

The launch is a dated distribution development rather than a change to USDe's dollar target. A separate report also described the X Layer deployment as an Aave v3 integration that gives OKX Wallet users direct access, according to TradingView.

LayerZero recorded 153 transfers on October 12, 2026

On October 12, 2026, an Ethena LayerZero adapter on Ethereum held 2,292,201,958.40 USDe, equal to 48.30 percent of USDe's Ethereum supply. LayerZero is a messaging protocol that transfers information between blockchains. The same report counted 153 USDe transfers across routes from October 11 to October 12, 2026, according to EthenaDash.

The cross-chain reconciliation showed a difference of 95.45 USDe between the adapter balance and the balances read on 35 other chains on October 12, 2026. A separate reserve update dated October 11, 2026, reported approximately 66 million USD in excess collateral and said USDe minting and redemption were operating as expected, according to Lookonchain.

USDe market capitalization reaches 4.95 billion USD

The Ethena USDe price is 1.000 USD as of October 24, 2026, according to Investing.com. The page shows a daily high of 1.000 USD and a daily low of 1.000 USD for the UTC day. Market capitalization is 4.95 billion USD, ranked 23rd, while 24-hour volume is 18.65 million USD. Investing.com lists circulating supply at 4.95 billion USDe. The stablecoin trades at its 1.00 USD target, so no percentage change is stated.