Get the extension Ethena USDe (USDe) with an offline key
USDe is Ethena's synthetic dollar: it stays near one US dollar through crypto collateral hedged with short futures positions, not through bank deposits.
Locker Protocol Wallet shows your USDe balance in the browser and sends every USDe transfer to Locker Vault, an offline device, to be signed.
Where the wallet supports USDe
HyperEVM
ERC-20 · Decimals 18 · Fee paid in HYPE
| Network | Standard | Contract | Decimals | Fee paid in |
|---|---|---|---|---|
| HyperEVM | ERC-20 | 0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34 | 18 | HYPE |
Each contract above was checked on-chain before it was added to the wallet. Tokens with the same name are easy to create: the wallet shows the USDe logo only at these addresses, and any other token calling itself USDe appears without it.
Receive and send USDe
Set up the wallet
Install Locker Protocol Wallet in Chrome or Brave, and Locker Vault on a spare phone kept offline. Your addresses reach the extension by QR code.
Receive USDe
Give your address on the network the sender uses. The network matters: USDe sent on one network does not arrive on another.
Send USDe
Enter the recipient and the amount in the extension and check the network fee, then scan the request with the Vault, read it there and approve.
A transfer is paid in the network's own coin, even when you send a token: keep a little of the coin shown in the table.
USDe: questions people ask
Which network should I use to receive USDe?
The one the sender uses. When you withdraw from an exchange, choose the same network in the withdrawal form as the address you give. If they do not match, the funds may not arrive.
Does Locker Protocol Wallet charge a fee to hold or send USDe?
No. Holding costs nothing and a transfer costs only the network fee. The wallet's own fee applies to swaps and bridges made in the extension, at most 0.25%, and it is shown before you sign.
How do I avoid a fake USDe token?
Compare the contract with the one listed here or on the issuer's site. A token that appears in your wallet unasked, calling itself USDe, is often bait for a scam.
Where is the private key that controls my USDe?
On Locker Vault, the offline device, derived from your recovery phrase. The extension on your computer only knows your addresses, so malware there cannot move your USDe.
Other assets on the same networks
Related terms
Ethena USDe is not issued by Locker Protocol, and nothing on this page is investment advice.