Ethena price
Current price
$0.1198
+0.34% 24h
Live Updated just now
Today Ethena edges up 0.3%, while the market falls.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.33%
- 24 hours +0.34%
- 7 days −21.90%
- 30 days −39.12%
- 1 year −56.68%
Ethena's move in context
Beating the market today
+0.34% in 24 hours against −0.51% for the market as a whole, a gap of 0.8 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$132.26M traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
Ethena's last prices on 7 exchanges we read are within 0.32% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−21.9% over 7 days and −39.1% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Ethena
Prices agree within 0.32% across these 7 exchanges.
- Binance Most traded ENA/USDT $33.51M 24h volume Last price $0.1198 0.00% vs our price
- MEXC ENA/USDT $26.81M 24h volume Last price $0.1198 −0.04% vs our price
- Bybit ENA/USDT $25.86M 24h volume Last price $0.1198 +0.03% vs our price
- KuCoin ENA/USDT $21.58M 24h volume Last price $0.1198 0.00% vs our price
- Gate.io ENA/USDT $9.35M 24h volume Last price $0.1197 −0.09% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Ethena
Ethena (ENA) Overview
Ethena is a cryptocurrency project with the symbol ENA, built on the Ethereum blockchain. It operates as a synthetic dollar protocol designed to provide a crypto-native financial solution that operates independently of traditional banking infrastructure. The core offering of Ethena is USDe, a synthetic dollar often referred to as the "Internet Bond," which serves as a dollar-denominated savings instrument within the decentralized finance (DeFi) ecosystem.
Technology and Mechanism
Ethena leverages Ethereum's blockchain to create USDe, a stablecoin-like asset that aims to maintain a peg to the US dollar through algorithmic mechanisms and collateral backing. The protocol is designed to offer stability and usability for users seeking a reliable medium of exchange or store of value in the cryptocurrency space. Specific technical details about the collateralization process or exact stabilization mechanisms are based on publicly available design principles of synthetic assets, though intricate implementation details may not be fully disclosed in public documentation.
Use Cases
USDe, the synthetic dollar of Ethena, is primarily positioned as a savings instrument within DeFi. It aims to provide users with a stable, dollar-denominated asset that can be used for transactions, savings, or as a hedge against volatility in other cryptocurrencies. By integrating with Ethereum-based DeFi protocols, USDe enables users to participate in lending, borrowing, and other financial activities without reliance on traditional financial systems.
Ecosystem and Background
Ethena operates within the broader Ethereum ecosystem, benefiting from the network's security, scalability, and extensive DeFi infrastructure. The project aligns with the growing trend of decentralized financial solutions that seek to replicate or replace traditional financial instruments using blockchain technology. While the exact founding team and launch date may vary in public records, Ethena is recognized as part of the wave of innovative protocols emerging in the DeFi sector on Ethereum.
Additional Notes
Due to the evolving nature of cryptocurrency projects, certain specifics about Ethena, such as governance structures, partnerships, or future roadmap details, may not be fully available or verified in public sources at this time. Users and researchers are encouraged to consult official Ethena resources or trusted blockchain data platforms for the most current and detailed information.
Ethena market
- Position by market cap among the coins we track whose circulating supply is checked.
- #47
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $1.27B
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $132.26M
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.1110 High $0.1222
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.8720
- Now 14% of it Reached 9 Sept 2025 · Needs +628% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 10.63B ENA
- 71% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 15B ENA
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 15B ENA
- The most coins that can ever exist. Some coins have no limit.
Ethena converter
1 Ethena = $0.1198
