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Ethereum

Ethena USD Yield

This pool generates yield on staked USDe, which is backed by a delta-neutral position that balances a basket of staked ETH derivatives with ETH shorts on centralized exchanges (CEXs). The yield is achieved by a combination of the native ETH staking yield and the positive funding rates paid to shorts.

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23.7%
Yield
30d APY
C
Risk
APY
Last 90d
Yield23.7%
30d APY
.
TVL
$3.8B
113.5%
last 30d
Yield
23.7%
APY 30d
Earnings
$53.6M
Last 30d
Protocol
Summary
Risk
Fundamentals
Risk of losing your entire investment due to systemic issues in the underlying chain, protocols, or assets
C
Yield Source
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Percentage icon symbol
Your yield consists of ETH staking rewards and positive funding rates paid to ETH shorts
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This pool has not been receiving any protocol incentives to encourage user deposits
Investment Strategy
Asset icon 0
This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins, subject to market conditions
Risk Details
Pool Fundamentals
C

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