Ethena
ENA#46| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -0.09% | +4.63% | -0.03% | +81.19% | -78.78% |
About Ethena
Where to buy Ethena — ENA markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| CoinUp.io | ENA/USDT | $0.139444 | $87.07M | red |
| BitDelta | ENA/USDT | $0.139544 | $19.86M | yellow |
| FameEX | ENA/USDT | $0.139594 | $19.79M | red |
| Bybit | ENA/USDT | $0.139544 | $18.14M | green |
| Binance | ENA/USDT | $0.139444 | $9.91M | green |
| MEXC | ENA/USDT | $0.139524 | $8.02M | green |
| WEEX | ENA/USDT | $0.139444 | $8.01M | green |
| WhiteBIT | ENA/USDT | $0.139344 | $6.5M | green |
| Zoomex | ENA/USDT | $0.139544 | $5.44M | green |
| BTCC | ENA/USDT | $0.139544 | $4.95M | red |
| BloFin | ENA/USDT | $0.139644 | $4.92M | green |
| Aivora Exchange | ENA/USDT | $0.139444 | $4.65M | yellow |
| KuCoin | ENA/USDT | $0.139544 | $4.11M | green |
| CoinW | ENA/USDT | $0.139444 | $3.69M | green |
| Gate | ENA/USDT | $0.139484 | $3.24M | green |
| Toobit | ENA/USDT | $0.139544 | $2.93M | green |
| Coinbase Exchange | ENA/USD | $0.139476 | $2.84M | green |
| PointPay | ENA/USDT | $0.139544 | $2.67M | green |
| OrangeX | ENA/USDT | $0.139944 | $2.54M | yellow |
| LBank | ENA/USDT | $0.139544 | $2.22M | green |
Ethena Price History
Ethena (ENA) reached its all-time high of $1.52 on April 11, 2024, and trades 90.1% below that peak today. Its all-time low was $0.070228 on June 30, 2026, and the price has since risen 114% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.199637 | $0.256835 | $0.070584 | $0.150595 | -24.57% |
| 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
ENA climbs around 10.5% after Ethena Labs introduces new payment app and reallocates collateral - Traders Union
ENA climbs around 10.5% after Ethena Labs introduces new payment app and reallocates collateral Traders Union
USDe collateral shift to AAA-rated CLOs: Can Ethena extend gains? - Traders Union
USDe collateral shift to AAA-rated CLOs: Can Ethena extend gains? Traders Union
Vitalik Buterin argues AI can enhance software security against hacking - Crypto Briefing
Vitalik Buterin argues AI can enhance software security against hacking Crypto Briefing
Guy Young builds Ethena Pay neobank to deliver yield directly to users - Crypto Briefing
Guy Young builds Ethena Pay neobank to deliver yield directly to users Crypto Briefing
Why a Failed Senate Vote Wiped Out $500M in Crypto for BITSTAMP:BTCUSD by VertexQore - TradingView
Why a Failed Senate Vote Wiped Out $500M in Crypto for BITSTAMP:BTCUSD by VertexQore TradingView
Ethena CEO discusses USDe’s shift to AAA-rated collateral - Crypto Briefing
Ethena CEO discusses USDe’s shift to AAA-rated collateral Crypto Briefing
Ethena (ENA) Price Up 4–5% on Expansion, Tokenomics, Flows - CoinMarketCap
Ethena (ENA) Price Up 4–5% on Expansion, Tokenomics, Flows CoinMarketCap
Ethena challenges $0.1518 resistance as short-term rally gains traction - Traders Union
Ethena challenges $0.1518 resistance as short-term rally gains traction Traders Union
ENAUSD|Ethena|Price:0.137|Chg%:-0.001 - TradingKey
ENAUSD|Ethena|Price:0.137|Chg%:-0.001 TradingKey
Ethena Volatility: 3.7% Drop Amid Broad Crypto Risk Off - CoinMarketCap
Ethena Volatility: 3.7% Drop Amid Broad Crypto Risk Off CoinMarketCap
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 $0.1506, up 4.63% in the last 24 hours. It is ranked #46 by market capitalization. Over the past 7 days, ENA is down 0.03%.
What is Ethena's market cap?
Ethena has a market capitalization of $1.52B. The 24-hour trading volume is $444.58M, reflecting the total value of ENA traded across all exchanges in the last day.
How many Ethena coins are in circulation?
There are currently 10.10B ENA in circulation. Ethena has a maximum supply of 15.00B ENA, meaning no more than this amount will ever exist.
