Market cap (#41)$2.69BFDV $4.00B
24h volume and range$93.74ML $0.2524H $0.2811
Funding rate+0.0036%Average across futures markets
Open interest$270.29M
Strong bullish bias
6 bullish · 0 neutral · 1 bearish · 7 indicator groups
Ethena (ENA) is a DeFi protocol that generates USDe, a synthetic dollar, through a delta-neutral strategy combining ETH collateral with short-dated futures positions. Unlike traditional stablecoin models, it uses derivatives markets rather than fiat reserves or over-collateralization. The ENA token is the protocol's governance instrument.
Ethena is currently trading at $0.2604. In the last 24 hours, it has increased by 0.62%. 24-hour trading volume is $93.74M. Market cap is $2.69B, ranking #41 among cryptocurrencies.
Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice.
FAQ
Ethena (ENA) is trading at $0.2604 as of 09:59 UTC, +0.62% over the last 24 hours. The price at the top of this page updates live.
Ethena (ENA) usually moves on several factors at once: changes in trading volume, news about ENA, overall market sentiment, macroeconomic data and breaks of important price levels. The news feed on this page shows the latest ENA developments; weighing these factors together is more reliable than any single data point.
