Fees

USDe Mint / Redeem Information

Only onboarded users are able to access the on-demand, 24/7/365, with atomic settlement USDe mint & redeem facility. Total mint & redeem fees include the fees denoted below, as well as the cost of gas, which the user pays.

I want to Mint/Redeem

USDe
AssetMint FeeRedeem FeeMint Limit1Redeem Limit1In ContractIn Custody
USDC
USDG
USDtb
PYUSD
USDT

1 Per ETH Block (/12s)

2 USDT redeem fees are the cost to swap USDT -> USDC

USDe can be minted and redeemed only on Ethereum. The Mint & Redeem fee remains solely at Ethena's discretion, can change at any time without notice, and is governed by the USDe Mint User Agreement & USDe Terms of Service.

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Fees | Ethena