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[Token Request] Add USDe (Ethena USD) to Morph Bridge Token List #84

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Description

@umalaaa

Token Information

Token Name: USDe (Ethena USD)
Token Symbol: USDe
Ethereum Mainnet Contract: 0x4c9EDD5852cd905f086C759E8383e09bff1E68B3
Morph Network Contract: 0x5d3a1Ff2b6BAb83b63cd9AD0787074081a52ef34

Why USDe Should Be Added

  1. Active on Morph Network: USDe already has significant trading activity on Morph through Uniswap V3 pools

  2. Existing Mint/Burn Mechanism: USDe already has minting and burning functionality on Morph, as evidenced by transactions to/from the zero address 0x0000000000000000000000000000000000000000

  3. User Demand: Currently, users cannot directly bridge USDe through the official Morph Bridge, forcing them to:

    • Swap USDe → ETH on Morph DEXs
    • Bridge ETH to Ethereum
    • Swap back to USDe (if needed)

    This creates unnecessary friction and additional transaction costs.

  4. Major Stablecoin: USDe is a significant stablecoin in the DeFi ecosystem (Ethena protocol)

Benefits of Adding USDe to Official Bridge

  • Simplified user experience for bridging USDe between Ethereum and Morph
  • Reduced transaction costs (no need for multiple swaps)
  • Increased liquidity and usage of the official Morph Bridge
  • Better support for DeFi applications on Morph that use USDe

Additional Information

  • USDe is already integrated with major protocols and appears to have the necessary infrastructure on Morph
  • Official Ethena website: https://ethena.fi/

Would the Morph team consider adding USDe to the official bridge token list?

Thank you for your consideration!

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