Ethena
ENA
0.217302
24h
24h:
-9.24%
7d:
-18.79%
30d:
-20.76%
Market Cap
1.667B
24h:
-9.43%
Volume
216.487M
Circulating Supply
7.691B 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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