Ethena USDtb
$476.8M 0.0%24hValue locked
- Value locked
- $476.8M
- 7 days
- +0.2%
- 30 days
- +0.2%
- Fees per day
- –7-day average
- Chains
- 1
- ENA price
- $0.2079+3.9% 24h
- Token market cap
- $2.79B
About Ethena USDtb
USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.
As of 23 Oct 2026, Ethena USDtb holds $476.8M in value locked on Ethereum, which ranks it #79 among all the protocols we track. It is the largest of 49 real-world assets, with 12% of the sector's value locked; Re follows with $460.0M. Its value locked is up 0.2% over seven days and up 0.2% over 30 days. The ENA token, shared by the 3 Ethena USDtb products we track, is valued at $2.79B, 55% of their combined $5.08B in value locked.
Value locked by chain
Largest real-world assets
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 | Ethena USDtb | Ethereum | $476.8M | +0.2% | – |
| 2 |  Re | Ethereum, Base +2 | $460.0M | +5.2% | $69.65K |
| 3 |  Huma | Solana, Ethereum +1 | $375.4M | −7.8% | $92.83K |
| 4 |  Anemoy Capital | Ethereum, Base +1 | $330.0M | −1.0% | – |
| 5 |  OnRe | Solana | $295.2M | +0.6% | $81.09K |
| 6 |  USD AI | Arbitrum | $261.5M | −0.5% | $6.88K |
| 7 |  OpenTrade | Avalanche, Ethereum +1 | $245.8M | −0.4% | $436 |
| 8 |  Plume Vaults | Ethereum, Plume Mainnet +3 | $227.9M | −2.9% | $36.69K |
