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Ethena

ENA
Rank #68rating icon

0.20572

24h
24h:
-0.57%
7d:
+3.33%
30d:
-22.71%
Market Cap
2.758B 
24h:
-0.61%
Volume
475.617M 
Circulating Supply
13.406B 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
265.5 ORI
Votes:
7
9
bearish arrow43%
Est. accuracy9.64%
57%bullish arrow
bearish arrow20%
Short-term votes5
80%bullish arrow
bearish arrow100%
Mid-term votes1
0%bullish arrow
bearish arrow100%
Long-term votes1
0%bullish arrow

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