Ethena USDe
Ethena · Other · Website ↗
72Overall score
Key factsData verified：2026-09-28
365rwa.vip is a Chinese-language verification site for RWA (real-world asset tokenization). It maintains four public databases - issued-project dossiers, a global licensed-institution registry, a regulatory feed and a market tracker - and offers a free authenticity-check tool, five-dimension ratings and a published methodology. No ads, no paid placements, no advertorials.
- Ethena USDe (platform Ethena) scores 72/100 on the 365rwa.vip five-dimension scorecard: asset custody 19/30, legal structure 14/25, on-chain transparency 18/20, liquidity 13/15, team 8/10.
- Asset class Other, size $1.34B, reference yield 5.5%; custodian Ceffu / Cobo 等 OES, audit/attestation 月度储备证明.
- Data verified 2026-09-28; scores are research opinion with verifiable sources for every deduction - not investment advice.
| Issuer | Ethena Labs | Ref. yield | 5.5% |
| Size | $1.34B | Chains | ethereum |
| Custodian | Ceffu / Cobo 等 OES | Audit/Attestation | 月度储备证明 |
Sources: project website / block explorer / public data (accessed 2026-09-28). Not investment advice.
72/100
5-Dim Scorecard
Custody 30 · Legal 25 · On-chain 20 · Liquidity 15 · Team 10
| Asset custody 场外结算托管 + 月度储备证明，但非传统托管行（来源：Ethena 文档） | 19/30 | |
| Legal structure | 14/25 | |
| On-chain transparency | 18/20 | |
| Liquidity | 13/15 | |
| Team background | 8/10 |
⚠ Risk flags
- Concentration: 对冲策略依赖资金费率，极端行情有脱锚风险
- Redemption: 白名单赎回
- Regulation: BVI 注册，非证券框架
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365rwa.vip, "Ethena USDe", data verified 2026-11-14, https://365rwa.vip/projects/ethena-usde/