Coinbase Logo

About Ethena

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe, alongside a globally accessible dollar savings asset, sUSDe. ENA is the governance token for the Ethena protocol. ENA holders can vote bi-annually to elect members to a Risk Committee, and in the future additional committees performing critical roles within the ecosystem.

Buy Ethena

Happening now

AI generated 17h ago

Following a recent surge in price and trading volume, traders are watching to see if ENA can sustain its momentum and reverse its losses from the past month.

See more

Earn up to $2,000 when you buy $50 in crypto

Sign me up
Restrictions apply. See full terms.

10/23/2025, 5:52:32 AM

Trading Insights

Buyer Ratio

70%0%

Traders

740

-2.37%

Buyers

518

5.28%

Sellers

290

-5.23%

Searched

938

Market Stats

Market Cap

$3.16B

-0.02%

FDV

$6.62B

Circ. Supply

7.2B ENA

Max Supply

15B ENA

Total Supply

15B ENA

Total Value Locked

$11.14B

Diluted Valuation

$6.62B

Performance

Popularity

#34

Dominance

0.09%

Volume (24H)

$516.08M

15.12%

Volume (7D)

$3.40B

Volume (30D)

$14.66B

All time high

$1.32

Price Change (1Y)

12.94%

Additional details

Market details

ENA vs markets

↘ 29.66%

ENA vs BTC

↘ 31.89%

ENA vs ETH

↘ 25.36%

Tags

defi

binance-listing

Network & Addresses

Network
Address

Ethereum

0x57e114B691Db790C35207b2e685D4A43181e6061

Price history

Time
Price
Change
Today
$0.44
↗ 0.11%
1 Day
$0.44
↘ 0.01%
1 Week
$0.42
↗ 4.03%
1 Month
$0.60
↘ 26.05%
1 Year
$0.39
↗ 12.94%

Coinbase insights

Happening now

AI generated 17h ago

Following a recent surge in price and trading volume, traders are watching to see if ENA can sustain its momentum and reverse its losses from the past month.

ENA leads the DeFi category with strong gains

ENA's price increased

↗5%

over the last 24 hours, a significant outperformance as the DeFi category fell

↘2%

and the broader crypto market declined

↘0.70%

in the same period. This move placed ENA in the top position for daily performance among its DeFi peers.

Trading volume sees a significant surge

Trading activity for ENA jumped by

↗52%

in 24 hours, securing its position as the #2 protocol by volume in the DeFi category. This surge was well above the market's average volume increase of

↗40%

.

Recent gains follow a sharp monthly decline

This short-term strength comes after the asset's price fell

↘21%

over the past month. Despite the monthly pressure, ENA's performance over the last year remains positive with a

↗28%

gain.

Recent trends

The latest ENA price is $0.44. Compared to Ethena's value of $0.44 from 24 hours ago, there's been a -0% decrease, while the current price is 4% up from $0.42 which was recorded one week ago. Ethena's all time high is $1.32, which was reached on December 16, 2024. This is a -66% change from its price today.

The current circulating supply of Ethena is 7,156,250,000. This is 48% of its max supply of 15,000,000,000 ENA and 48% of its total supply of 15,000,000,000. The market cap is currently $3.16B, which is a result of multiplying the current price of Ethena($0.44) by the total supply(15,000,000,000 ENA). The fully diluted valuation of Ethena is $6.62B. The diluted valuation of Ethena is $6.62B.

Ethena had 518 buyers, 290 sellers and total 740 trades in the last 24h. Ethena was searched 938 times in the last 24h.

FAQ

Earn up to $2,000 when you buy $50 in crypto

Earn free crypto after making your first purchase.

Social stats

Popularity in posts

#50

Contributors

1,074

Posts

2,898

% About Ethena

0.253%

0

Hold times

0 days

X (Twitter)

42.44% bullish

Sentiment

4.3 ★

Highlights

1,074 unique individuals are talking about Ethena and it is ranked #50 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ethena has an average sentiment score of 4.3 out of 5. Finally, Ethena is becoming less newsworthy, with 0 news articles published about Ethena.

On Twitter, people are mostly bullish about Ethena. There were 50.52% of tweets with bullish sentiment compared to 19.03% of tweets with a bearish sentiment about Ethena. 49.48% of tweets were neutral about Ethena. These sentiments are based on 3824 tweets.

On Reddit, Ethena was mentioned in 2 Reddit posts and there were 57 comments about Ethena. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Guides

Ethena calculator

Related assets

Legal