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Ethena

ENA
Rank #64rating icon

0.281063

24h
24h:
-4.63%
7d:
+0.12%
30d:
-13.43%
Market Cap
2.161B 
24h:
-1.29%
Volume
206.094M 
Circulating Supply
7.691B ENA
Total Supply
15B ENA
DeFi
Stablecoin Protocol
Ethereum Ecosystem
WebsiteLink icon
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.

Average sentiment

24h
Pool
1,225 ORI
Votes:
16
46
bearish arrow25%
Est. accuracy46.15%
75%bullish arrow
bearish arrow23%
Short-term votes13
77%bullish arrow
bearish arrow50%
Mid-term votes2
50%bullish arrow
bearish arrow0%
Long-term votes1
100%bullish arrow

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