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Ethena
ENA

Ethena: Decentralized stablecoin USDe, backed by crypto and short futures.

Ethena creates USDe, a crypto-backed stablecoin, using staked ETH and short futures for price stability and decentralization.

$0.2529
1 hour:
1.06%
24 hours:
3.69%
7d:
0.82%
All-time high:$0.46395
Apr 11, 2024 (450 days ago)
All-time low:$0.195844
Apr 02, 2024 (459 days ago)
Market
Cap:$1.34B
24-hour flight:$11.50M (0.86%)
FDV:$3 793 500 000
Next unlock:-
Supply
Circulating:5 285 937 500 ENA (35.24%)
Total:15 000 000 000 ENA (100.00%)
Max:-
Top 10 Ethena exchangesView all
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Bybit
64%
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Bitget
22%
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Gate.io
9%
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KuCoin
5%
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Binance
0%
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Coinbase Exchange
0%
Websites
currency to USD converter
ENA
USD

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Analytics

Ethena ALL-TIME HIGH CHART
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Guy Young
Founder
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Zach Rosenberg
General Counsel
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Conor Ryder
Head of Research

Upcoming events

No upcoming events planned

What is Ethena (ENA)?

Ethena is a decentralized protocol built on Ethereum that aims to create USDe, a crypto-native stablecoin. Differing from fiat-backed stablecoins like USDT and USDC, USDe is a synthetic dollar supported by cryptocurrency collateral and short futures. Ethena's goal is to offer a scalable, censorship-resistant, and globally accessible financial system within the crypto space. Key features include: USDe, which uses a delta-neutral strategy (staking ETH and shorting futures) to maintain price stability; decentralization via smart contracts and oracles (although some derivative positions are on centralized exchanges); and community governance through a DAO using the ENA token.

Global prices

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ENA / DKKDanish Krone
1.601899
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ENA / GBPBritish Pound Sterling
0.185318
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ENA / HKDHong Kong Dollar
1.984132
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ENA / INRIndian Rupee
21.582924
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ENA / JPYJapanese Yen
36.53206
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ENA / MXNMexican Peso
4.705452
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ENA / AUDAustralian Dollar
0.402473
ENA / TRYTurkish Lira
9.622716

Ethena price live information

As of now, Ethena is trading at 0.2529 USD, with a 24-hour trading volume of approximately 11.50M USD. The ENA to USD price is updated in real time. Over the past 24 hours, Ethena has decreased by 3.69%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.34B USD. Currently, there are 5 285 937 500 ENA in circulation out of a maximum supply of 15 000 000 000 ENA.

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