USDe on Solana is Ethena's synthetic dollar on this chain — the "stablecoin" that holds its peg not with cash reserves but with a delta-neutral hedge: spot crypto collateral offset by short perp positions, collecting funding as yield. The mint DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT is the Solana deployment; our October 6, 2026 snapshot reads $8.8 million of tracked pool liquidity and grades it A.
The honest mechanics matter more here than for any fiat-backed peer: USDe's peg is an engineering claim — it works while the hedge works, and its documented stress case is a deep, sustained negative-funding regime plus exchange counterparty failure, which has been modeled but never fully stress-tested at scale. An A grade here is a contract-state verdict on the Solana mint; the peg machinery lives in Ethena's hedge, which no chain scan can see.
Figures are HostDeFi's read dated October 6, 2026; the live scan refreshes them.
Balance concentration: the 10 largest token accounts hold 100% of USDE's supply as of 2026-08-09 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.
Price and safety history of USDE
Every dated snapshot we hold for USDE — price, market structure and grade, as measured, with nothing interpolated between them.
Date
Price
Market cap
Liquidity
Holders
Grade
2026-10-16
$0.9993
$425.38M
$7.97M
10,216
A
2026-10-15
$0.9993
$443.57M
$7.98M
10,222
A
2026-10-14
$0.9994
$464.62M
$7.98M
10,224
A
2026-10-13
$0.9995
$458.13M
$7.97M
10,227
A
2026-10-12
$0.9994
$467.49M
$7.87M
10,218
A
2026-10-11
$0.9992
$482.23M
$7.84M
10,226
A
2026-10-10
$0.9992
$491.24M
$7.77M
10,216
A
2026-10-09
$0.9993
$495.52M
$7.79M
10,232
A
2026-10-08
$0.9995
$513.08M
$7.79M
10,229
A
2026-10-07
$0.9995
$516.50M
$7.80M
10,235
A
2026-10-06
$0.9999
$540.54M
$7.78M
10,231
A
2026-10-05
$1.00
$457.38M
$7.77M
10,226
A
2026-10-04
$0.9996
$472.65M
$7.77M
10,221
A
2026-10-03
$0.9997
$471.99M
$7.77M
10,215
A
2026-10-02
$0.9996
$457.65M
$7.77M
10,226
A
2026-10-01
$0.9995
$464.47M
$7.77M
10,225
A
2026-09-30
$0.9995
$445.71M
$7.77M
10,237
A
2026-09-29
$0.9997
$453.90M
$8.78M
10,237
A
2026-09-28
$0.9995
$459.83M
$8.77M
10,242
A
2026-09-27
$0.9995
$465.85M
$8.77M
10,240
A
2026-09-26
$0.9995
$475.88M
$8.76M
10,246
A
2026-09-25
$0.9999
$484.20M
$8.76M
10,243
A
2026-09-24
$0.9995
$495.04M
$8.75M
10,251
A
2026-09-23
$0.9998
$497.42M
$8.75M
10,256
A
2026-09-22
$0.9997
$502.76M
$8.76M
10,256
A
2026-09-21
$0.9996
$502.23M
$8.75M
10,253
A
2026-09-20
$0.9995
$509.08M
$8.75M
10,259
A
2026-09-19
$0.9996
$518.27M
$8.75M
10,253
A
2026-09-18
$0.9996
$520.40M
$8.75M
10,249
A
2026-09-17
$0.9991
$523.43M
$8.75M
10,245
A
2026-09-16
$0.9992
$524.33M
$8.79M
10,268
A
2026-09-15
$0.9991
$527.53M
$8.79M
10,274
A
2026-09-14
$0.9999
$530.92M
$8.79M
10,279
A
2026-09-08
$0.9995
$536.82M
$8.86M
10,293
A
Contract
DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT
Verify USDE by this address, never by name or ticker.
Put the USDE grade on your site
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Linked shield · click to copy<a href="https://hostdefi.com/token/solana/usde/" target="_blank" rel="noopener"><img src="https://hostdefi.com/api/badge/solana/DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT.svg" alt="USDE safety grade A on HostDeFi"></a>
Live card · click to copy<iframe src="https://hostdefi.com/embed/badge/solana/DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT" width="380" height="62" style="border:0" loading="lazy" title="USDE safety grade — HostDeFi"></iframe>
Markdown (READMEs) · click to copy[](https://hostdefi.com/token/solana/usde/)
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FAQ
Is USDE a safe token?
As of the 2026-09-26 snapshot, USDE scores 100/100 (grade A) on HostDeFi's on-chain read — based on unconfirmed mint authority, renounced freeze authority, liquidity of $8.76M and 10,246 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell USDE, or is it a honeypot?
On Solana, the lever that can block a sale is the freeze authority, and USDE's is renounced as of 2026-09-26 — no one can freeze your balance to trap you in. With $8.76M of liquidity there's a pool to sell into, though how cleanly depends on your size against that depth.
Who holds most of USDE?
The wallet that created USDE holds <0.01% of the supply as of 2026-09-26 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 10,246; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.
Can USDE's supply be inflated?
The mint authority state couldn't be confirmed from the 2026-09-26 snapshot — verify it with a live scan before relying on the supply being fixed.
What is the USDE contract address?
The USDE mint address on Solana is DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy USDE safely?
Run the live on-chain scan at the top of this page first; if USDE clears, you can swap it here directly. Whatever venue you use, match the contract address (DEkqHyPN7GMRJ5cArtQFAWefqbZb33Hyf6s5iCwjEonT) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product
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