Stake USDe and provide liquidity to maximize your rewards
Your rewards
0 Ethena points
Get USDe
Swap your USD₮ or TON for USDe.
Stake USDe
Stake USDe to earn rewards and receive tsUSDe with returns reflected in APY.
Provide liquidity
Add USDe to the tsUSDe/USDe pool and earn rewards, swap fees and APY on tsUSDe.
Get rewards
Earn Ethena points from staking and the liquidity pool, plus tsUSDe from USDe staking with returns reflected in APY.
Ethena on TON
Ethena brings USDe, its delta-neutral synthetic dollar, to the TON ecosystem. Fully backed and on-chain, USDe uses staking rewards and hedging strategies to maintain price stability through market swings.
Delta-neutral strategy
A strategy that balances long and short positions to reduce market exposure. Combined with staking, it supports the stability of USDe.
Ethena points
Collect Ethena points by staking USDe and providing liquidity. Points accrue automatically and may be redeemed at the end of the campaign.
Dual rewards
Get rewards from staking and providing liquidity to the pool.
Native on TON via STON.fi
All swaps and liquidity positions are executed via STON.fi — native on TON, with no need for additional bridges or third-party tools.
How to get USDe on TON
Step 1
Get USDe
Effortlessly swap your USD₮ or TON for USDe.
Step 2
Stake & provide liquidity
Stake USDe and add liquidity to the pool in your chosen ratio — all in just one action.
Step 3
Get rewards
Automatically receive Ethena points.
What is USDe by Ethena?
USDe is a synthetic dollar created on Ethereum by Ethena Labs. It’s backed by crypto assets like ETH and liquid staking tokens, using a balanced strategy to maintain its value stability. Users can create USDe by depositing assets, exchange it back for those assets, or stake it to earn returns from ETH staking and other markets. It’s designed to be a decentralized, flexible, and independent alternative to traditional fiat-pegged digital assets
FAQ
USDe is a synthetic dollar from Ethena, now available on TON. You can get USDe and in one transaction both stake it and provide liquidity to earn Ethena points. Staking of USDe, earning of Ethena points and eligibility for thereof are subject to Ethena's Terms of Service.
Ethena points are rewards that you earn automatically when you stake USDe and provide liquidity in one action. Points are accumulated throughout the current campaign and may be redeemed at the end. The more you participate, the more Ethena points you collect.Learn more about Ethena Points Campaign
Points are accumulated throughout the current campaign and may be redeemable at the end, depending on the final airdrop conditions set by Ethena. To be eligible, connect the TON wallet where you've earned points to the Ethena delegation page, and enter your Ethereum wallet address where you want to receive the potential airdrop. Make sure to complete this step before the campaign ends.
Simply use your USD₮ or TON to swap for USDe, and then choose your allocation between staking and liquidity provision. It only takes a few clicks, and you start getting rewards on your USDe immediately.
When staking USDe, you can unstake your assets at any time. If you choose to unstake instantly, you’ll receive slightly fewer rewards, or you can start a 7-day cooldown period and wait to receive the maximum rewards. You can also withdraw liquidity from the pool at any time without any restrictions.
Once your USDe is allocated to staking or liquidity provision, you can easily monitor your performance in the positions section. It shows your current position size and the Ethena rewards you're earning from each activity.
There are two liquidity pools for USDe: tsUSDe/USDe (selected by default) and USDe/USD₮. With the tsUSDe/USDe pool, you receive staking rewards from tsUSDe, a 0.04% share of swap fees based on your pool share, and Ethena points with a multiplier. The USDe/USD₮ pool also gives you Ethena points with a multiplier, but without staking rewards.
tsUSDe is the staking token of USDe. Its value increases over time due to accumulated staking rewards. When you stake USDe, you receive tsUSDe at the current exchange rate. Simply holding tsUSDe allows you to earn staking rewards, as its value appreciates automatically.
Boost APY is a promotion to celebrate the launch of Ethena on TON. In addition to the regular Ethena USDe staking APY, eligible users will receive Boost APY in Toncoin, increasing the total APY up to 18%.