ENA

ENA

enaRank #46
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Market Data

ENA Price
$0.2
ENA 24h Change
+7.69%
ENA 7d Change
+46.70%
ENA Market Cap
$2.06B
ENA 24h Volume
$874.08M
ENA FDV
$3.07B
ENA Circulating Supply
10,095,312,500
ENA All-Time High
$1.52
ENA Total Funding Raised
$160.50M

About ENA

ENA is the governance and utility token for Ethena, a decentralized finance (DeFi) protocol that provides crypto-native synthetic dollar infrastructure. Ethena is best known for USDe, a synthetic dollar that maintains its peg through delta-neutral positions on liquid staked Ethereum collateral (stETH). Often referred to as a 'Global Internet Bond', the protocol enables a yield-bearing stablecoin solution that operates independently of traditional banking systems. ENA holders participate in the governance of the protocol, influencing key decisions regarding risk management and development.

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