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Ethena

ENA
Rank #69rating icon

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
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
1,076 ORI
Votes:
18
32
bearish arrow39%
Est. accuracy32.18%
61%bullish arrow
bearish arrow38%
Short-term votes16
62%bullish arrow
bearish arrow100%
Mid-term votes1
0%bullish arrow
bearish arrow0%
Long-term votes1
100%bullish arrow

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