Ethena (CRYPTO: ENA)

Ethena is a decentralised finance (DeFi) protocol that creates scalable, censorship-resistant financial instruments. Its core products include USDe, a crypto-native synthetic dollar stabilised through derivatives, and sUSDe, the first "Internet Bond," providing yield-generation opportunities. Ethena addresses issues of centralisation and reliance on traditional banking systems, offering a decentralised solution for global users. The protocol’s governance token, ENA, enables decision-making, staking rewards, and economic security, fostering long-term ecosystem growth. Founded by Guy Young, Ethena Labs is supported by a distinguished risk committee and notable investors, including Arthur Hayes. Ethena aims to redefine DeFi with applications like Ethereal and cross-chain integrations, creating a self-sufficient financial system.

$0.50 $0.01 (1.9%) Saturday, February 8, 2025 at 2:25:48 a.m. Eastern Standard Time

Fundamentals Ethena

Last updated Feb 08, 2025, 02:25:48am EST
Current Price $0.50
Change $0.01 (1.9%)
Close Price $0.49
Open Price $0.49
Bid $0.00
Ask $0.00
Day Range $0.48 - $0.55
Year Range $0.19 - $1.52
Volume 5,427,289
Market Cap $7,460,808,460.14

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