Ethena
ENA
0.084207
24h
24h:
-0.66%
7d:
-3.26%
30d:
-24.19%
Market Cap
782.493M
24h:
-0.76%
Volume
128.146M
Circulating Supply
9.294B 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.
price chart
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