USDe on X Layer held 62.78 tokens: What it means for Ethena USDe price

Published on 10/21/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USDe supply rose 20.5 percent before incentives ended on September 30, 2026. The Ethena USDe price is 1.00 USD on October 21, 2026.

Layer data and supply trends

A governance review recorded 62.78 USDe on October 12, 2026.
Supply increased 20.5 percent from August 29, 2026, to September 29, 2026, before incentives ended on September 30, 2026.
The Ethena USDe price stands at 1.00 USD as of October 21, 2026.
Custody documentation calls for attestations at least monthly as of October 21, 2026.

Ethena USDe, XCRYPTOUSDE6, Illustration mit AI erstellt.

Ethena USDe (USDe) had 62.78 tokens on Aave's X Layer on October 12, 2026, according to Aave. The Ethena USDe price stands at 1.00 USD as of October 21, 2026, according to Investing.com, while its market capitalization is 4.95 billion USD.

Aave recorded 62.78 USDe on October 12

The Aave governance review measured USDe on X Layer, a blockchain network used for token deployments and transfers, at 62.78 tokens on October 12, 2026. The review also recorded a historical daily peak of 542.72 USDe on January 3, 2025, giving the latest figure a defined on-chain reference point. The figures describe token supply on that chain rather than the holdings or use of individual wallets, according to Aave.

September supply grew 20.5 percent

USDe supply increased from 4.07 billion USD at the August 29, 2026, close to 4.91 billion USD at the September 29, 2026, close, a gain of 835.17 million USD or 20.5 percent, according to Onchain Benchmark. The report said 291.65 million USD of the increase went to Aave's USDe lending market, 253.55 million USD to Ethena's bridge contract and 131.99 million USD to a Binance wallet. It also stated that token incentives linked to USDe growth ended on September 30, 2026.

USDe's backing structure remains tied to custody and hedging arrangements. On October 21, 2026, EconoTimes reported that Ethena's custody documentation describes attestations at least monthly for backing assets used in hedges. That documentation describes a control process, not a new supply figure.

Ethena USDe price remains at 1.00 USD

The Ethena USDe price stands at 1.00 USD as of October 21, 2026, according to Investing.com. The daily high is 1.00 USD and the daily low (UTC day) is 1.00 USD. Market capitalization is 4.95 billion USD, rank 23, and 24-hour volume is 18.65 million USD. Circulating supply is 4.95 billion USDe.