
24h high
$0.1010
24h low
$0.08208
24h vol (ENA)
11.12M
24h vol(USDT)
1.05M

ENA is the governance token of Ethena, a synthetic dollar protocol on Ethereum that issues the USDe stablecoin. The protocol maintains USDe's dollar peg through delta-hedged ETH derivatives while providing native yield by combining on-chain collateral with off-chain funding rates.