Ethena USDe All-Time High USDE
All-Time High
$1.03
Reached on December 9, 2025(121 days ago)
Current Price
$0.9996
-3.33% from ATH
Recovery Math
Multiple to reclaim ATH
1.03x
Gain needed
+3.4%
Market Cap Rank
#20
Price Since ATH (121 days)
All-Time Low
$0.9295
Reached on October 4, 2024(553 days ago)
+7.54% from ATL
Market Cap
$5.83B
24h Volume: $128.01M
Ethena USDe ATH Explained
Ethena USDe reached its highest recorded price of $1.03 on December 9, 2025. Since then, the price has declined that peak — today it trades at $0.9996, a -3.33% move from the all-time high.
To reclaim its record, USDE would need to gain 3.4% from current levels — a 1.03x move. This is the classic “recovery math” of drawdowns: a 50% drop requires a 100% gain to break even, a 75% drop requires 300%, and a 90% drop requires 900%.
On the downside, the all-time low of $0.9295 was set on October 4, 2024. From that floor, USDE has returned +7.54%.