Ethena Staked USDe (SUSDE) is a synthetic dollar protocol built on the Ethereum blockchain, offering a crypto-native alternative to traditional banking systems. By staking USDe tokens, users receive SUSDE, a reward-bearing token that appreciates over time, similar to assets like swETH or rETH. This mechanism ensures that stakers automatically benefit from the protocol's generated yields without requiring additional actions.
The Japanese Yen (JPY) is the official currency of Japan and one of the most traded fiat currencies worldwide. Issued by the Bank of Japan (BOJ), the yen plays a crucial role in global finance, particularly in foreign exchange markets and international trade. As a safe-haven currency, JPY is often sought after during economic uncertainty. In the crypto world, JPY is used as a trading pair on some exchanges and has inspired stablecoins like JPY-backed digital assets.
The SUSDE to JPY conversion rate is the amount of JPY you can receive for each unit of SUSDE.
Based on the current rate, you could buy 0.005015 SUSDE for 1 JPY.
The price of SUSDE increased by 0.73% in the last 7 days.
The circulating supply of SUSDE is 1,377,683,731.
SUSDE's all-time high is 200.18 JPY.