
24h high
$0.2576
24h low
$0.2341
24h vol (ENA)
13.6M
24h vol(USDT)
3.21M

ENA is the governance token of Ethena, a DeFi protocol that issues USDe, a synthetic dollar maintained through a delta-neutral strategy combining long crypto collateral with short perpetual futures positions. The protocol also offers sUSDe, a yield-bearing stablecoin, and USDtb. Ethena has expanded across 24 blockchain networks and achieved rapid growth in Solana's DeFi ecosystem, with ENA holders participating in protocol governance.