Ethena
ENA
Rank #57
0.157282
24h
24h:
-7.35%
7d:
+2.2%
30d:
+92.6%
Market Cap
1.546B
24h:
-4.31%
Volume
603.054M
Circulating Supply
9.828B ENA
Total Supply
15B ENA
Ethena introduces a synthetic dollar, USDe, on Ethereum, offering a banking-independent solution and a dollar-denominated 'Internet Bond' as a savings tool. USDe leverages delta-hedged Ethereum collateral for scalability and DeFi compatibility, ensuring peg stability through derivatives against collateral. The Internet Bond generates yield from staked assets and market spreads, creating a novel, on-chain bond accessible in certain regions.
48%
price chart
Tap or click to activate
