Ethena
ENA#44| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -6.32% | +21.60% | +44.24% | +113.90% | -74.09% |
About Ethena
Ethena Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Binance | ENA/USDT | $0.149661 | $166.9M | green |
| BTCC | ENA/USDT | $0.149561 | $83.41M | red |
| FameEX | ENA/USDT | $0.149861 | $67.24M | red |
| Bybit | ENA/USDT | $0.149511 | $67.08M | green |
| Toobit | ENA/USDT | $0.149561 | $48.37M | green |
| OrangeX | ENA/USDT | $0.149961 | $46.62M | yellow |
| WEEX | ENA/USDT | $0.149761 | $40.28M | green |
| CoinW | ENA/USDT | $0.149861 | $39.08M | green |
| Binance | ENA/TRY | $0.14875 | $38.78M | green |
| Coinbase Exchange | ENA/USD | $0.149519 | $34.59M | green |
| XT.COM | ENA/USDT | $0.149461 | $33.17M | green |
| LBank | ENA/USDT | $0.149561 | $29.88M | green |
| OKX | ENA/USDT | $0.149711 | $29.74M | green |
| Bithumb | ENA/KRW | $0.148727 | $28.77M | green |
| Gate | ENA/USDT | $0.149721 | $24.94M | green |
| KuCoin | ENA/USDT | $0.149561 | $24.43M | green |
| CoinTR | ENA/TRY | $0.148874 | $22.81M | green |
| BloFin | ENA/USDT | $0.149761 | $22.45M | green |
| Ourbit | ENA/USDT | $0.149701 | $21.51M | green |
| Binance | ENA/USDC | $0.149661 | $21.14M | green |
Ethena Price History
Ethena (ENA) reached its all-time high of $1.52 on April 11, 2024, and trades 88.5% below that peak today. Its all-time low was $0.070228 on June 30, 2026, and the price has since risen 150% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.199637 | $0.256835 | $0.070584 | $0.175501 | -12.09% |
| 2025 | $0.907677 | $1.255 | $0.1973 | $0.203482 | -77.58% |
| 2024 | $1.134 | $1.461 | $0.204528 | $0.951782 | -16.07% |
Analysis
No analysis available for Ethena yet.
Ethena News
Ethena proposes 95% revenue allocation to ENA buybacks - Crypto News
Ethena proposes 95% revenue allocation to ENA buybacks Crypto News
Ethena Revamps Tokenomics: Buybacks and Fee Switch for ENA - CryptoDnes.bg
Ethena Revamps Tokenomics: Buybacks and Fee Switch for ENA CryptoDnes.bg
Ethena (ENA) & Bittensor (TAO) Defy Bearish Pressure—Can Bulls Keep the Uptrend Alive? - CryptoRank
Ethena (ENA) & Bittensor (TAO) Defy Bearish Pressure—Can Bulls Keep the Uptrend Alive? CryptoRank
CME Group Adds Ethena (ENA) Reference Rates Across Three Regions - blockchainreporter
CME Group Adds Ethena (ENA) Reference Rates Across Three Regions blockchainreporter
ENA Price Eyes $1.50 Rally As CME Expands Ethena Institutional Reach - TronWeekly
ENA Price Eyes $1.50 Rally As CME Expands Ethena Institutional Reach TronWeekly
CME Group Adds Ethena (ENA) Reference Rates Across Three Regions - CryptoRank
CME Group Adds Ethena (ENA) Reference Rates Across Three Regions CryptoRank
Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus - CryptoRank
Ceffu’s 120M USDC withdrawal from Ethena puts custody rails in focus CryptoRank
Ethena Cuts USDe Mint Fees To 0 Basis Points In 2026 For Users - TronWeekly
Ethena Cuts USDe Mint Fees To 0 Basis Points In 2026 For Users TronWeekly
CME Group features Ethena in crypto benchmarks as stock edges higher - Traders Union
CME Group features Ethena in crypto benchmarks as stock edges higher Traders Union
Crypto News Today: Bitcoin Inflows, Solana Block Speed Rises, Ethena Jumps 94% - Analytics Insight
Crypto News Today: Bitcoin Inflows, Solana Block Speed Rises, Ethena Jumps 94% Analytics Insight
Ethena FAQ
What is Ethena (ENA)?
Ethena (ENA) is a synthetic dollar protocol built on Ethereum. It issues USDe, a stablecoin designed to maintain a 1:1 peg to the US dollar. The protocol uses a delta-hedging strategy with ETH and other assets to back USDe, aiming to provide a scalable and censorship-resistant alternative to traditional stablecoins. ENA is the governance and utility token of the protocol.
How does Ethena work?
Ethena (ENA) operates by accepting collateral such as ETH and shorting it via perpetual futures to create a delta-neutral position. This hedges against price volatility, allowing the protocol to mint USDe stablecoins. The system aims to generate yield from funding rates and staking rewards, which supports the stability of USDe. ENA holders participate in governance decisions regarding the protocol's parameters and risk management.
What is the ENA token used for?
ENA is the native token of the Ethena protocol. It is used for governance, allowing holders to vote on proposals that shape the protocol's development, such as risk parameters and collateral strategies. Additionally, ENA may be used to incentivize liquidity providers and participate in staking mechanisms within the ecosystem. Its role is central to the decentralized management of the Ethena platform.
How does Ethena differ from other stablecoin protocols?
Unlike traditional stablecoins like USDC or USDT, which rely on fiat reserves, Ethena (ENA) uses a fully on-chain, delta-hedged approach. It holds ETH and short positions to neutralize market risk, aiming for a decentralized and transparent stablecoin. This design seeks to avoid counterparty risk and provide a scalable solution that can operate without centralized custody, distinguishing it from many existing stablecoin models.
What is the current price of Ethena?
Ethena is currently priced at $0.1755, up 21.60% in the last 24 hours. It is ranked #44 by market capitalization. Over the past 7 days, ENA is up 44.24%.
What is Ethena's market cap?
Ethena has a market capitalization of $1.72B. The 24-hour trading volume is $2.29B, reflecting the total value of ENA traded across all exchanges in the last day.
How many Ethena coins are in circulation?
There are currently 9.83B ENA in circulation. Ethena has a maximum supply of 15.00B ENA, meaning no more than this amount will ever exist.
