Ethena
ENA#34| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -1.40% | +0.94% | +5.83% | -23.74% | -58.41% |
About Ethena
ENA in other currencies
Price at the last page update. Open a currency for the live rate, chart and history in that currency.
Where to buy Ethena — ENA markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Bitvavo | ENA/EUR | $0.20931 | $1.69M | green |
Ethena Price History
Ethena (ENA) reached its all-time high of $1.52 on April 11, 2024, and trades 86.3% below that peak today. Its all-time low was $0.070228 on June 30, 2026, and the price has since risen 197% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.199637 | $0.288975 | $0.071214 | $0.208675 | +4.53% |
| 2025 | $0.907677 | $1.255 | $0.1973 | $0.203482 | -77.58% |
| 2024 | $1.134 | $1.461 | $0.204528 | $0.951782 | -16.07% |
Ethena News
USDe supply reached 4.74 billion: What it means for the Ethena USDe price - ad-hoc-news.de
USDe supply reached 4.74 billion: What it means for the Ethena USDe price ad-hoc-news.de
Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion - ad-hoc-news.de
Ethena USDe price stands at 1.000 USD as supply reaches 4.95 billion ad-hoc-news.de
Ethena (ENA) Rose 9% This Week as Ethereum Fell 4%. Can It Keep Outrunning ETH? - Yahoo Finance
Ethena (ENA) Rose 9% This Week as Ethereum Fell 4%. Can It Keep Outrunning ETH? Yahoo Finance
Ethena Rallies 4% as Arthur Hayes Sells $2.73M in ENA - Crypto Economy
Ethena Rallies 4% as Arthur Hayes Sells $2.73M in ENA Crypto Economy
Ethena price jumps 8% despite Arthur Hayes’ $2.7M ENA sale - Crypto News
Ethena price jumps 8% despite Arthur Hayes’ $2.7M ENA sale Crypto News
EGLD up +34.33%, BTC -0.43%, Ethena is The Coin of The Day - Daily Market Update for Oct 26, 2026 - CoinCodex
EGLD up +34.33%, BTC -0.43%, Ethena is The Coin of The Day - Daily Market Update for Oct 26, 2026 CoinCodex
Ethena leads crypto gains with 8.66% rise as mo... - Pluang
Ethena leads crypto gains with 8.66% rise as mo... Pluang
Ethena Leads Top 90 Crypto Gainers With 8.66% Rise on Oct. 25 - TOKENPOST
Ethena Leads Top 90 Crypto Gainers With 8.66% Rise on Oct. 25 TOKENPOST
Ethena USDe Price Today in India | USDE to INR Live Price & Chart - Binance
Ethena USDe Price Today in India | USDE to INR Live Price & Chart Binance
Arthur Hayes Says He Sold All Ethereum, Ethena and Uniswap Holdings, Will Stay on Sidelines for Now - bloomingbit
Arthur Hayes Says He Sold All Ethereum, Ethena and Uniswap Holdings, Will Stay on Sidelines for Now bloomingbit
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 $0.2087, up 0.94% in the last 24 hours. It is ranked #34 by market capitalization. Over the past 7 days, ENA is up 5.83%.
What is Ethena's market cap?
Ethena has a market capitalization of $2.80B. The 24-hour trading volume is $475.95M, reflecting the total value of ENA traded across all exchanges in the last day.
How many Ethena coins are in circulation?
There are currently 13.41B ENA in circulation. Ethena has a maximum supply of 15.00B ENA, meaning no more than this amount will ever exist.
