Bybit USDe currently offers a 5% APR. Simply hold to earn daily returns.
Bybit USDe currently offers a 5% APR. Users only need to hold USDe on Bybit to participate in yield generation, with no additional staking or locking required. Yields are distributed daily, while USDe remains available for trading, further enhancing capital efficiency.
USDe is a decentralized stablecoin issued by Ethena, pegged 1:1 to the US dollar. Unlike traditional stablecoins backed by fiat reserves, USDe constructs a delta-neutral strategy through crypto asset collateral and derivatives hedging, generating yield while mitigating the impact of directional market volatility.
Beyond purchasing USDe directly on the market, Bybit also offers a convenient Mint & Redeem service. Users can mint and redeem USDe on Bybit, providing an alternative channel for acquisition and exit beyond secondary market trading.
