Skip to content
Ethena tsUSDe logo
StakingActive

Ethena tsUSDe Review: What Should You Check?

Ethena tsUSDe is described as a TON version of sUSDe, but details on its costs, operation and safety are limited. Verify the asset and its risks before connecting a wallet.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

Ethena tsUSDe key facts

Ethena tsUSDe key facts
TypeTON version of sUSDe
ChainTON
AppEthena app offers wallet connection
AuditsNo tsUSDe-specific audit identified
Value locked$2.38M+0.2% 7d
Updated

Ethena tsUSDe FAQs

What is Ethena tsUSDe?

Ethena describes sUSDe as a product you get by staking USDe, with your balance growing over time. tsUSDe is described as a special version of sUSDe deployed on TON, but the exact TON yield mechanics are not explained.

Is Ethena tsUSDe audited?

A tsUSDe-specific audit is not publicly identified. The Ethena app links to transparency information about USDe’s backing, but that does not establish that tsUSDe or its TON contracts have been audited.

How do you get tsUSDe on TON?

The app offers a wallet connection and staking flow for USDe, but it does not explain the specific steps for acquiring or using tsUSDe on TON. Confirm the token contract and any costs before approving a transaction.

Compare

Ethena tsUSDe alternatives

All alternatives
Marinade Liquid Staking logoScore 7.0 out of 10

Marinade offers native and liquid SOL staking, but check variable rewards, fees, and the risks of mSOL or Kamino lending before depositing.

TVL $201M−7.0%Solana
Marinade Finance logoScore 7.0 out of 10

Marinade offers non-custodial SOL staking and mSOL, but check changing yields, fees and strategy risks before depositing.

Solana
Score 6.8 out of 10

wstETH packages Lido staked ETH in a non-rebasing token for DeFi, but it still carries staking, smart-contract and market risks.

Ethereum
Kinetiq kHYPE logoScore 6.7 out of 10

Kinetiq kHYPE offers liquid HYPE staking on Hyperliquid, but check its reward fee and conflicting unstaking claims before depositing.

TVL $811M−12.4%Hyperliquid L1
Hipo logo

Hipo

Staking

Score 6.7 out of 10

Hipo offers liquid GRAM staking on TON with hGRAM, but its variable rewards and redemption and smart-contract risks need checking.

TVL $9.95M−20.0%TON
Liquid Collective logoScore 6.6 out of 10

Liquid Collective offers LsETH and LsSOL liquid staking, but check unpublished fees, KYC requirements and exit terms before minting.

TVL $612M−1.7%Ethereum

Same category

More Staking dApps

Staking rankings
Laine SOL logo

Laine SOL

Staking

Score 6.5 out of 10

Laine SOL offers native and liquid SOL staking with a displayed zero pool fee, but laineSOL adds unaudited pool and liquidity risks.

TVL $1.05M−6.8%Solana

Sol Blaze

Staking

Score 6.5 out of 10

SolBlaze issues bSOL for staked SOL, offering DeFi flexibility and an instant exit option with a variable fee.

Solana
Hubra logo

Hubra

Staking

Score 6.5 out of 10

Hubra offers self-custodial SOL staking, raSOL and USDC yield on Solana, but fee and lending-risk details need checking.

Solana
Jito Liquid Staking logoScore 6.4 out of 10

JitoSOL combines Solana staking and MEV rewards with DeFi usability, but check its fees, redemption terms and liquidity risks first.

TVL $918M−7.2%Solana
mETH Protocol logoScore 6.4 out of 10

mETH offers liquid Ethereum staking, but variable yield, unpublished fees and redemption liquidity deserve a close check.

TVL $522M−2.7%Ethereum
Hubra Staked SOL logoScore 6.4 out of 10

Hubra offers native SOL delegation and liquid staking through raSOL, but check its live exit quote and understand the extra liquid-staking risks.

TVL $11.9M−18.8%Solana

Same chain

More on TON

TON rankings
Bitget logo

Bitget

Centralized Exchanges

Score 6.8 out of 10

Bitget combines crypto trading tools with other asset products, but check fees, local access and custodial risks before depositing.

TVL $5.78B−0.1%Bitcoin · Solana · Ethereum +68
Solana Token Creation logo

Solana Token Creation

Developer Tools

Score 6.4 out of 10

SolanaForge offers wallet-signed token creation on Solana, TON and BNB; check the Solana fee and authority settings before signing.

Solana · TON · BNB Chain
Getgems logo

Getgems

NFT Marketplaces: General

Score 6.3 out of 10

Getgems suits TON users who want to trade or mint NFTs, but check fees and listings carefully before approving wallet transactions.

TON
SwissBorg logo

SwissBorg

Centralized Exchanges

Score 6.2 out of 10

SwissBorg offers routed crypto trading and investing tools, but check its fees, custody and country-specific licence before depositing.

TVL $807M−5.0%Bitcoin · Ethereum · Solana +28
Symbiosis logo

Symbiosis

Cross Chain Bridge

Score 6.2 out of 10

Symbiosis routes cross-chain swaps across 50+ networks, but check the live quote and route-specific risks before approving.

TVL $8.09M−10.8%Ethereum · TON · Tron +53
Sender logo

Sender

Wallets

Score 6.2 out of 10

Sender offers self-custody, multi-chain access and Ledger support, but fees and audit findings are not published in detail.

Ethereum · BNB Chain · Near +9

How we checked

Sources

  1. defillama.com/protocol/ethena-tsusde(opens in a new tab)

Last updated . Spotted an error? Tell us and we will correct it.