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Market-cap rank #23

Ethena USDtb

USDTB · Fiat Backed

Current price

$1.0006

Peg deviation: +0.06%

Crypto University tracks Ethena USDtb using DefiLlama market data. This record does not yet have a fully verified original issuer profile, so issuer-specific facts are shown as not verified.

This profile is excluded from search indexing until its identity, official sources and backing details complete editorial verification.

$500.97M

Market cap

500.97M

Circulating supply

+0.10%

1-day change

-35.43%

7-day change

-48.02%

30-day change

USD

Peg

2

Supported chains

Centralized

Issuer model

Chain Supply Distribution

NetworkSupplyShare
Ethereum$452.78M90.4%
Solana$48.19M9.6%

Major Risks

Ethena USDtb can lose its peg. Depending on its design, holders may face issuer, reserve, redemption, collateral, governance, oracle, smart-contract, bridge and liquidity risks. A reserve or transparency report is evidence to review—not a guarantee of safety.

Read the methodology