About Ethena
Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe, alongside a globally accessible dollar savings asset, sUSDe. ENA is the governance token for the Ethena protocol. ENA holders can vote bi-annually to elect members to a Risk Committee, and in the future additional committees performing critical roles within the ecosystem.
Buy Ethena
Trading Insights
Buyer Ratio
Traders
1.2K
94.17%
Buyers
886
130.73%
Sellers
372
40.38%
Searched
1.6K
Market Stats
Market Cap
£3.09B
-7.8%
FDV
£6.73B
Circ. Supply
6.9B ENA
Max Supply
15B ENA
Total Supply
15B ENA
Total Value Locked
£10.54B
Diluted Valuation
£6.73B
Performance
Popularity
#31
Dominance
0.11%
Volume (24H)
£416.70M
116.21%
Volume (7D)
£2.35B
Volume (30D)
£4.82B
All time high
£0.98
Price Change (1Y)
120.3%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Ethena has increased by 0.17% in the last hour and decreased by 7.72% in the past 24 hours. Ethena’s price has also fallen by 19.94% in the past week. The current price is £0.45 per ENA with a 24-hour trading volume of £416.70M. Currently, Ethena is valued at 54.16% below its all time high of £0.98. This all-time high was the highest price paid for Ethena since its launch.
The current circulating supply of Ethena is 6,889,062,500 ENA which means that Ethena has as total market cap of £3,088,986,188.55.
Market details
ENA vs markets
↗ 23.85%
ENA vs BTC
↗ 23.77%
ENA vs ETH
↗ 35.12%
Tags
defi
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x57e114B691Db790C35207b2e685D4A43181e6061 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.45 | ↘ 7.83% |
1 Day | £0.48 | ↘ 7.72% |
1 Week | £0.56 | ↘ 19.94% |
1 Month | £0.48 | ↘ 6.99% |
1 Year | £0.21 | ↗ 120.30% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
ENA is the governance token for the Ethena protocol. Ethena is a synthetic dollar protocol built on Ethereum that aims to provide a crypto-native solution for money, the USDe stablecoin.
We update our Ethena to GBP currency in real-time. Get the live price of Ethena on Coinbase.
The current market cap of Ethena is £3.09B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ethena is £0.98. This all-time high is highest price paid for Ethena since it was launched.
Over the last 24 hours, the trading volume of Ethena is £416.70M.
Assets that have a similar market cap to Ethena include Story, Pepe, Uniswap, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ethena is 6.9 billion.
Ethena ranks 151 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, Ethena is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Ethena guide.
Social stats
Popularity in posts
#57
Contributors
1,514
Posts
4,364
% About Ethena
0.277%
Hold times
0 days
X (Twitter)
35.16% bullish
Sentiment
4.2 ★
Highlights
1,514 unique individuals are talking about Ethena and it is ranked #57 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ethena has an average sentiment score of 84 out of 5. Finally, Ethena is becoming less newsworthy, with 0 news articles published about Ethena.
On Twitter, people are mostly neutral about Ethena. There were 39.27% of tweets with bullish sentiment compared to 11.68% of tweets with a bearish sentiment about Ethena. 60.73% of tweets were neutral about Ethena. These sentiments are based on 4349 tweets.
On Reddit, Ethena was mentioned in 1 Reddit posts and there were 4 comments about Ethena. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.