HostWallet authority profile
4x3oQtX4MhjTKGBeXDZbtTSLZ9cUWo5waN2UChAuthtS
On-chain authority state as of 2026-09-16 · resolved from Solana RPC · refreshed weekly · not financial advice
What this wallet can do
This wallet holds the live mint authority over USDE — Ethena's synthetic dollar — as of September 16, 2026. Tracked USDe liquidity on Solana stood near $8.8 million. No freeze power was recorded on this key.
USDe is not a reserve stablecoin — it is a delta-neutral position tokenized: spot crypto hedged with short perpetuals, with the yield flowing through to the staked version. The mint key is the mechanism that expands supply when new collateral enters Ethena's hedge structure — this address is where a position becomes a token.
Mint-only on a synthetic dollar is still the master control: the key decides how much USDe exists. What it cannot do is freeze balances — no freeze power was read on this address, though Ethena's architecture runs compliance controls at other layers.
Authority read dated September 16, 2026; the liquidity figure is the August 31 build.
Controlled tokens
| Token | Power held |
|---|---|
| USDE | Mint authority |
Authority basics: what mint & freeze authority mean · how freeze abuse plays out.