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Ethena

ENA
Rank #138rating icon

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
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
259 ORI
Votes:
10
25
bearish arrow50%
Est. accuracy25%
50%bullish arrow
bearish arrow50%
Short-term votes8
50%bullish arrow
bearish arrow50%
Mid-term votes2
50%bullish arrow
bearish arrow0%
Long-term votes0
0%bullish arrow

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