CoinMarketCal
Today· 09 JulStaking/Farming

USDe Free Mint/Redeem w/ USDC

Low3.5
ENAENAEthena▲ +3.09%

◆ Description

Ethena enables onboarded users to mint and redeem USDe with USDC at 0bps. Updated fee schedule covers USDC, USDG, USDtb, PYUSD, USDm, and USDT mint/redeem costs, available on public dashboards.

◆ Why it matters

Ethena drops USDC mint/redeem fees to 0bps, matching USDT and standardizing the schedule across all supported stablecoins. The change keeps USDe competitive on cost for onboarded users but does not expand the asset base or alter the synthetic dollar model. For ENA, the read-through is marginal: marginally better routing, no structural re-rate.

◆ Linked coin (1)

ENA

Ethena· 1 upcoming · 3.5 peak

◆ Proof

Source
x.com
Added to CoinMarketCal
09 Jul 2026
Last updated
Today

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