Funding
USDe financing through Avalanche is now available. Deposit link below.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
About USDe
USDe is a synthetic dollar issued by Ethena, a protocol built on cryptographic rails. It is a fully collateralized, dollar-denominated digital asset that maintains dollar parity through a diversified portfolio of supporting assets, rather than through traditional liquidity reserves alone.
This structure allows USDe to evolve without relying exclusively on the traditional banking system for the conservation of reserves, while aiming for a stable value against the US dollar. USDe is designed for on-chain use in DeFi, payments, and treasury operations, and is available on multiple networks, including Ethereum, Solana, and now Avalanche.
Note: Geographic restrictions may apply
Please note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is not to reveal any details until shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on our announcement roadmap and on our social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
Although the term “stablecoin” is commonly used, there is no guarantee that the asset will maintain a stable value relative to the value of the reference asset when traded in secondary markets or that the asset reserve, if any, will be sufficient to satisfy all redemptions.
