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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.
Happening now
AI generated 1h ago
ENA is gaining momentum after a prominent crypto investor added positions
, with trading volume surging roughly
↗61.6%
in the past 24 hours.
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12/27/2025, 12:35:27 AM
Trading Insights
Buyer Ratio
75%0%
Traders
323
51.64%
Buyers
242
55.13%
Sellers
105
64.06%
Searched
426
Market Stats
Market Cap
$1.62B
5.48%
FDV
$3.15B
Circ. Supply
7.7B ENA
Max Supply
15B ENA
Total Supply
15B ENA
Total Value Locked
$6.52B
Diluted Valuation
$3.16B
Performance
Popularity
#47
Dominance
0.06%
Volume (24H)
$119.25M
39.78%
Volume (7D)
$905.86M
Volume (30D)
$3.83B
All time high
$1.32
Price Change (1Y)
Not enough data
77.73%
Additional details
Market details
ENA vs markets
↘ 75.55%
ENA vs BTC
↘ 75.7%
ENA vs ETH
↘ 74.1%
Tags
defi
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x57e114B691Db790C35207b2e685D4A43181e6061 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.21 | |
1 Day | $0.20 | |
1 Week | $0.21 | |
1 Month | $0.29 | |
1 Year | $0.94 |
Coinbase insights
Happening now
AI generated 1h ago
ENA is gaining momentum after a prominent crypto investor added positions
, with trading volume surging roughly
↗61.6%
in the past 24 hours.
Multiple signals pointing up
A well-known investor's recent purchase
, combined with the
new institutional custodian partnership, is driving interest—trading volume jumped roughly
↗61.6%
and unique traders increased approximately
↗51.4%
in the past 24 hours.
Trading activity exploding
Trading volume surged roughly
↗61.6%
over the past 24 hours while the number of unique traders increased approximately
↗51.4%
in the same period, showing growing participation across the board.
Institutional backing growing
The Anchorage Digital partnership
adds a major institutional custodian for the protocol's stablecoin backing, strengthening the infrastructure and bringing more credibility to the ecosystem.
Recent trends
The latest ENA price is $0.21. Compared to Ethena's value of $0.20 from 24 hours ago, there's been a 6% increase, while the current price is 1% up from $0.21 which was recorded one week ago. Ethena's all time high is $1.32, which was reached on December 16, 2024. This is a -84% change from its price today.
The current circulating supply of Ethena is 7,690,625,000. This is 51% of its max supply of 15,000,000,000 ENA and 51% of its total supply of 15,000,000,000. The market cap is currently $1.62B, which is a result of multiplying the current price of Ethena($0.21) by the total supply(15,000,000,000 ENA). The fully diluted valuation of Ethena is $3.15B. The diluted valuation of Ethena is $3.15B.
Ethena had 242 buyers, 105 sellers and total 323 trades in the last 24h. Ethena was searched 426 times in the last 24h.
FAQ
We update our Ethena to USD currency in real-time. Get the live price of Ethena on Coinbase.
The current market cap of Ethena is $1.617B. A high market cap implies that the asset is highly valued by the market.
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#88
Contributors
418
Posts
418
% About Ethena
0.239%
Articles
0
X (Twitter)
34.12% bullish
Sentiment
4.6 ★
Highlights
418 unique individuals are talking about Ethena and it is ranked #88 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 4.6 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 35.86% of tweets with bullish sentiment compared to 5.09% of tweets with a bearish sentiment about Ethena. 64.14% of tweets were neutral about Ethena. These sentiments are based on 6321 tweets.
On Reddit, Ethena was mentioned in 26 Reddit posts and there were 37 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
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.