About this market
USDE is a lending market on Kamino (Solana), listed as Ethena Market USDE. Depositors supply USDE to the market and earn a variable interest rate paid by borrowers, who post collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied USDE is borrowed at the time — so the market is used to earn on an idle USDE balance, or to borrow against collateral without selling it.
- Protocol
- Kamino
- Chain
- Solana
- Asset
- USDE
- Market
- Ethena Market USDE
- Market type
- Single asset
- Yield accrual
- Variable rate, paid by borrowers
