Ethena USDe (USDE) Price

Ethena USDe (USDE) has a Last Price of $1.0003, with a 24h change of -0.01%. The 24h low is $1.0003, the 24h high is $1.0007, and the 24h turnover is $3.52K. The current market cap is approximately $4.66B, ranking 23 by market cap and accounting for 0.11% of the total crypto market cap. The All-Time High is $1.5000 (⁦2024-11-14⁩), with a change from the All-Time High of -33.31%.

• 7 Days

  0.00%

  Low

  $0.9995

  High

  $1.0007

• 30 Days

  +0.07%

  Low

  $0.9509

  High

  $1.0007

• 90 Days

  0.00%

  Low

  $0.9509

  High

  $1.0009

• 1 Year

  +0.16%

  Low

  $0.9509

  High

  $1.0496

Why Did Ethena USDe (USDE) Fall in the Last 24 Hours?

Order-book snapshots from 2026-10-20 to 2026-10-21 showed a top-five-level bid-to-ask depth ratio of 0.02, with sell liquidity heavily concentrated. One sell order accounted for about 93.5% of the top-five ask depth, creating overhead order-book pressure; a single order does not establish the seller’s identity or directional intent. The hourly candle on 2026-10-21 recorded volume of only 200 units, indicating light trading at that point, when even small order flows could cause movement. Stablecoin arbitrage can help prices return toward their peg when they diverge, but it does not prevent temporary dislocations caused by an imbalanced book. RSI readings were neutral across the reported timeframes and MACD gave no signal. Moving averages were bullish on the 15-minute, 1-hour and daily timeframes, but neutral on the 4-hour timeframe; ADX was high on the daily chart and low on the 4-hour chart, indicating differing trend strength across timeframes.