Ethena USDe · Ethereum

SUSDE (7 days unstaking)

Overview

The Ethena USDe SUSDE pool on Ethereum is a staking mechanism for USDe, a synthetic dollar asset. The pool offers a base APY of 4.29 percent with no additional reward layer; the 30-day trend shows a modest 0.56 percent increase, while the 7-day change recorded 0.53 percent growth. The 30-day mean APY stood at 4.21 percent. Total value locked in the pool reached approximately 1.79 billion dollars, though 7-day TVL change data is unavailable. As a single-asset stablecoin pool, the primary risk stems from potential USDe depeg events rather than impermanent loss; users should also account for smart-contract risk inherent to the protocol.

Composed 2026-05-18 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 5.36%; 30-day mean is 4.87%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 75% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.