Earn 6% APY with Ethena’s USDe

Your dollars should do more.
Starting today, CoinList users can earn up to 6% APY—just by holding Ethena’s USDe in your CoinList account.
Rewards accrue weekly (Friday to Friday) and land in your CoinList wallet every Friday.
No staking. No lockups. Just passive earnings.
→ Hold USDe, earn up to 6% APY. Simple.
What is USDe and how does it work?
Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe.
USDe is a synthetic dollar built for crypto. Unlike traditional stablecoins, it’s backed by a delta-neutral strategy that hedges BTC, ETH, and SOL using futures, plus liquid reserves in USDT and USDC.
Ethena’s synthetic USDe dollar has emerged as the fastest growing USD-denominated asset in recent months, after its supply skyrocketed to a high of $5.25B, surpassing DAI and lagging only behind USDT and USDC.
For more details, visit our FAQ.
Ethena quick links
→ Put your USDe to work. Start earning today.
Legal notice
This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries. CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here. Actual staking rewards may vary.