Introduction of Ethena USDe on Binance
On September 9, 2025, at 12:00 UTC, Binance will introduce the Ethena USDe (USDe), adding new trading pairs, specifically USDe/USDT and USDe leading into the marketplace. Ahead of this launch, users have the opportunity to deposit USDe with no associated listing fee.
Withdrawal and Trading Details
Withdrawals for USDe are poised to commence on September 10, 2025, also at 12:00 UTC. However, it is advisable for users to consult the withdrawal section to confirm the precise timing as it may vary.
About Ethena USDe
Ethena USDe is notable for being the leading non-fiat backed dollar digital asset, with a supply that exceeds $12 billion. This backing is derived from a combination of delta-hedged cryptocurrency assets and traditional stablecoins. Ethena itself is a rapidly expanding protocol, emerging as the third-largest USD-pegged crypto-asset, with a total value locked (TVL) exceeding $14 billion. Its popularity extends widely within the DeFi ecosystem, facilitated by connections with major centralized exchanges and decentralized finance applications.
Incentives for Users
For users maintaining a balance of at least 0.01 USDe on Binance, incentives will be available, with rewards for September 2025 to be distributed by the end of that month as a lump sum, following weekly distributions thereafter. The calculations for these rewards will draw from the lowest reported balances of USDe across different Binance accounts, such as Spot, Funding, Futures, and Margin accounts, with snapshots taken daily at random intervals.
Trading Eligibility and Regulations
It is important to note that trading eligibility varies by jurisdiction. Users from regions that include the European Union, European Economic Area, Canada, Australia, among others, will not be permitted to participate in trading these newly introduced pairs. As regulations evolve, this list of restricted locations may change. Additionally, users must undergo account verification before they can engage in trading these new options.
