Ethena implements security measures typical of Ethereum-based protocols, including smart contract audits and risk assessments. ( tokenomist.ai )

Ethena: ENA Coin Price | Latest Airdrop, Listings & Price Prediction

Q: What is the Purpose of Ethena?

Ethena aims to provide a crypto-native solution for money through its synthetic dollar protocol, offering stable and scalable financial instruments like USDe and sUSDe. ( coinbase.com )

Q: How Can I Participate in Ethena's Ecosystem?

Users can participate by acquiring ENA tokens, engaging in governance decisions, and utilizing Ethena's financial products like USDe and sUSDe. ( coinbase.com )

Q: What Sets Ethena Apart from Competitors?

Ethena's unique approach to creating a synthetic dollar protocol and its focus on censorship-resistant, scalable financial solutions distinguish it from competitors. ( coinmarketcap.com )

Q: What are the Risks Associated with Ethena?

Potential risks include smart contract vulnerabilities, regulatory changes, and market volatility. Ethena addresses these through audits, compliance efforts, and risk management strategies. ( tokenomist.ai )

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Ethena

Ethena

DeFi

Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

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ENA

0.235568

6.24%

24h volume

12711921.8016826832994520.0534987473

Market cap

$3.53B

FDV

$3.53B

Circulating supply

14999999997.368906

Total supply

15000000000

Max supply

15000000000

Contract address

0x57e1...6061

Trade

What is Ethena?

Ethena is a synthetic dollar protocol built on Ethereum, providing a crypto-native solution for money through its stablecoin, USDe, and a globally accessible dollar savings asset, sUSDe. (coinbase.com)

How Does Ethena Work?

Ethena operates by issuing USDe, a stablecoin designed to be censorship-resistant and scalable, not reliant on traditional banking infrastructure. (coinmarketcap.com)

What Makes Ethena Unique?

Ethena's unique features include its synthetic dollar protocol, the USDe stablecoin, and the sUSDe savings asset, offering a crypto-native solution for money. (coinbase.com)

Who Are the Founders of Ethena?

Ethena was founded by Guy Young and announced in July 2023. (messari.io)

Latest news

What Key Events Have There Been for Ethena?

Ethena launched its mainnet on February 19, 2024, and initiated the first phase of its airdrop campaign on April 2, 2024. (coinlaunch.space)

Project Announcements

Ethena announced the first phase of its airdrop campaign on March 28, 2024, rewarding participants of the recent shard farming campaign. (coinlaunch.space)

Upcoming events

Latest Airdrop

The second phase of Ethena's airdrop campaign started on April 1, 2024, and ended on September 2, 2024. (coinlaunch.space)

Project announcements

Where to Buy ENA?

ENA can be traded on various exchanges, including Coinbase. (coinbase.com)

ENA Price

Daily Trading Volume

As of September 22, 2025, the 24-hour trading volume for ENA is approximately $318.8 million. (coinmarketcap.com)

All-Time High

The all-time high for ENA was $1.52 on April 11, 2024, which is approximately 58.31% higher than the current price. (coinmarketcap.com)

All-Time Low

The all-time low for ENA was $0.1953 on September 6, 2024, which is approximately 223.9% lower than the current price. (coinmarketcap.com)

Market Cap and Valuation

Market Cap

As of September 22, 2025, the market cap for ENA is approximately $4.35 billion, ranking it #31 among cryptocurrencies. (coinmarketcap.com)

Fully Diluted Valuation

The fully diluted valuation of ENA is approximately $9.48 billion, considering the total supply of 15 billion ENA tokens. (coinmarketcap.com)

ENA Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding ENA's future price.

FAQ

What is the Purpose of Ethena?

How Can I Participate in Ethena's Ecosystem?

What Sets Ethena Apart from Competitors?

Is Ethena Secure?

What are the Risks Associated with Ethena?

Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.