> For the complete documentation index, see [llms.txt](https://docs.ethereal.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ethereal.trade/trading/usde-balance-rewards.md).
# USDe Balance Rewards
All users on Ethereal automatically earn native USDe rewards on their full margin balance powered by Ethena.
#### **How it works**
Snapshots of each subaccount’s USDe balance are taken periodically throughout each week and transformed into an aggregated average balance. Rewards are distributed via [Merkl](https://app.merkl.xyz/) according to each user's full account equity (with no haircuts applied or debt accrued on unrealized PnL).
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