Ethena USDe Will Be Listed On Binance
Binance, the world’s largest crypto exchange, has officially listed Ethena’s USDe for spot trading, opening trading pairs with both USDC and USDT on September 9, 2025.

Binance, the world’s largest crypto exchange, has officially listed Ethena’s USDe for spot trading, opening trading pairs with both USDC and USDT on September 9, 2025.
Ethena Labs’ dollar-pegged stablecoin, USDe, has experience a meterioric rise in recent months, now standing as the third-largest after its market capitalization soared by 75% to approximately $9.3 billion in just three weeks.
In the past week, Stablecoin Season and Superchain narrative, I would like to share my thoughts on the DeFi world.
In the next two months at least, SATS will be one of the targets worthy of special attention in the BTC ecosystem. This article will review and sort out the changes in SATS.
USDe developed by the Ethena team is a synthetic dollar based on Ethereum that uses a Delta Hedging strategy to hedge against market volatility risks and achieve efficient use of funds.
Ethena Labs rises as fifth-largest stablecoin issuer with ENA token launch, achieving $1 billion market cap. Successful Shard Campaign leads to ENA distribution and listing on major exchanges. Season 2 introduces Bitcoin collateral and partnerships with MakerDAO, Pendle Finance, Mantle Network, and Eigenlayer. Ethena aims to bolster DeFi ecosystem, signaling prominence in crypto landscape.
On February 1st, the Binance Web3 wallet was launched on the Inscription Market. Users can manage their BRC-20 assets. The performance is unsatisfactory. However, the competition in the Bitcoin ecosystem in 2024 is destined to become a roadblock between large institutions such as Binance and OKX. Long-term narrative.
The performance of Inscription tokens ORDI and SATS has lagged relatively behind the overall cryptocurrency market in 2024 so far, and is showing signs of possible further decline.
Judging from the current market value rankings, ORDI and SATS are the undisputed leaders and second-tier players in BRC-20.
Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
Made as a memecoin, there is no immediate utility for the token, which makes its rise, together with other more familiar memecoins like DOGE and PEPE, particularly interesting.