USDe vs USDC

Ethena USDe vs USD Coin — side-by-side comparison

US

USDe

Ethena Labs

VS

USDC wins 4/5 metrics

USDC

Circle

US

USDe yields +8.00% more — that's +$800/year per $10K invested.

Yield History Comparison

Detailed Comparison

Yield & Returns

Better12.50%
Current APY
4.50%
Better11.80%
7D APY
4.45%
Better13.20%
30D APY
4.55%

Market Data

$5.20B
TVL
$60.00B Better
$1
Price
$1
$5.20B
Market Cap
$60.00B
245.0K
Holders
2.2M Better
Better+18.20%
TVL Change (30d)
+2.00%

Quality & Safety

B
Tokenomics Grade
A Better
medium
Risk Level
low Better
audited
Audit Status
audited
Code4rena
Auditor
Deloitte

Access & Requirements

None
Min. Investment
None
No
KYC Required
No
No
Accredited Only
No
7 days (for sUSDe unstaking)
Lock Period
None
ethereum, arbitrum, base
Chains
ethereum, solana, base, arbitrum, optimism, polygon, avalanche, stellar

Frequently Asked Questions

Which is better, USDe or USDC?

USDC wins on 4 out of 5 key metrics including , TVL, tokenomics score. Always consider your risk tolerance and investment goals.

What is the yield difference between USDe and USDC?

USDe offers 12.50% APY while USDC offers 4.50% APY. That's a 8.00% difference, equivalent to $800 per year on a $10,000 investment.