Trade Ethena (ENA)

0.101950.0052(3.00%)(1D)

Ethena (ENA) Price Chart

+3.00% Past Day
Interval
+3.00%
-14.66%
-38.76%

The Ethena price is on the decline this week.

A ‘rising’ price indicates that the weekly price has increased by more than 0.5%. A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%. A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Ethena price today is $0.1, a 3.0011 change in the last 24 hours and -14.66 in the past week. Ethena’s 24-hour trading volume is 78.3M and its current market capitalization is $838.6M.

Market Overview

Market cap
838.6M
Day’s Range
0.1 - 0.1
1W Range
0.09 - 0.1
Volume (24h)
78.3M
Market Dominance
0
Market rank
57

What Is Ethena?

Ethena is a synthetic dollar protocol built on the Ethereum blockchain. It aims to provide a crypto-native stablecoin, USDe, which is designed to be scalable, stable, and censorship-resistant. Ethena's core strength lies in its innovative approach to maintaining USDe's peg to the US dollar through delta hedging of staked Ethereum positions.

Ethena's USDe is backed by liquid staking derivatives of Ethereum and short positions in Ethereum futures on various exchanges. The protocol also features a yield-bearing "Internet Bond" called sUSDe, which allows users to earn a yield derived from staking rewards and futures funding rates

Cryptocurrencies in Trend Price?

Over the past 24 hours, these assets led the price market in both gains and losses.

Cryptocurrencies in Trend Volume?

Over the past 24 hours, these assets led the volume market in both gains and losses.

Ethena (ENA) News

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