ENA

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Market Data

ENA Price

$0.08

ENA 24h Change

-1.62%

ENA 7d Change

-7.28%

ENA Market Cap

$768.79M

ENA 24h Volume

$103.56M

ENA FDV

$1.21B

ENA Circulating Supply

9,560,937,500

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.