TRON integrates Ethena’s USDe and sUSDe for seamless cross-chain bridging
TRON (TRX)
Editor:
Eugene Serbin
cryptobriefing.com reports that Ethena’s synthetic dollar tokens, USDe and sUSDe, are now live on the TRON network following a joint announcement by TRON DAO and Ethena Labs. The integration utilizes Stargate Finance as the bridging layer, allowing users to move these dollar-denominated assets onto TRON for holding and transferring. This expansion brings a delta-neutral synthetic dollar to one of crypto’s busiest stablecoin highways, which boasts over 403 million accounts.
USDe maintains its peg through a strategy that hedges collateral with futures positions, while sUSDe offers holders yield rewards from Ethena’s hedging strategy. The initial launch focuses on bridging, holding, and transferring, with plans to integrate both tokens into JustLend DAO and SUN.io in the coming weeks. JustLend DAO serves as TRON’s primary lending platform, while SUN.io acts as its decentralized exchange and liquidity hub.
By using Stargate, Ethena ensures that USDe on TRON behaves like a native asset from day one, avoiding the wrapped token problem. This move diversifies the asset options available to TRON users, who have previously seen their stablecoin ecosystem heavily dominated by a single issuer.
How the market reacted
Whalio's own Binance spot order flow for TRX, measured when this story was written up on 11 September 2026. Not the outlet's figures.
Whalio spot data for TRX shows a price of $0.3400 with a 1-hour buy ratio of 70.6%, indicating strong immediate buying pressure. However, the 4-hour buy ratio drops to 23.2%, suggesting that this buying momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 57.7%, showing that buying has been the dominant force over the last day. Volume Delta data reflects this shift, with a positive $1,005,925 in the last hour compared to a negative -$3,425,626 over four hours. A positive Volume Delta means buyers are more aggressive than sellers, while a negative delta indicates sellers are dominating the flow. The 24-hour Volume Delta remains positive at $4,878,285, confirming net buying pressure over the full day.
The latest daily buy ratio of 49.7% sits at the 33rd percentile of the last 322 days, against a median of 52.4% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TRX, averaged over the days leading up to the story.
Over the preceding week, TRX traded with a 7-day average buy ratio of 53.6%, which is lower than the current 24-hour ratio of 57.7%. This represents a 4.0 point increase in buying sentiment compared to the weekly average. Spot volume was 1.24x the average, indicating heightened activity relative to typical days. The coin experienced a 2.8% price increase over eight days, with a total Volume Delta of +$15,640,516. While the recent hourly surge is notable, the daily metrics align more closely with the weekly trend of net buying, which occurred on 5 of the last 7 days.