USDC.e/USD price feed
USDC.e is the bridge-era form of USDC, carried to networks such as Avalanche or Arbitrum through canonical bridges before native issuance arrived. It represents the same dollar claim, held one bridge away from the original.
Aggregate on-chain rate: hourly view of the last 3 days. The API itself updates block by block. Request API access
Book composition · auto-observed
The weight sits evenly across venues right now, spanning more than one chain.
Two links in one dollar
A bridged stablecoin carries a second dependency. Native USDC leans on its reserve; USDC.e leans on that reserve plus the bridge contract holding the locked originals.
That extra link means USDC.e can trade at its own level even while native USDC sits comfortably at parity. Pools that swap the bridged form are pricing both dependencies at once.
ML Data reads USDC.e at the rate on-chain pools pay for it, not at the face value the bridge implies. The traded level is where any difference between the two legs shows up first.
Who runs on this rate
Lending markets
Protocols that accept USDC.e as collateral need the bridged form priced as itself, since a bridge event would never appear in native USDC's rate.
Bridge risk desks
Teams monitoring cross-chain exposure can watch the traded gap between USDC.e plus its native counterpart as a market signal on bridge health.
Where the USDC.e market lives
Active USDC.e/USD pools per chain, as observed by the feed on 2026-10-27.
USDC.e in the catalog
2 pairs, each computed from its own pools with the same methodology:
Category overview: stablecoin prices → · Full catalog: coverage →