Coinbase
How to Buy Ethena
Good news! You can buy Ethena on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Ethena.
Read more

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 50m ago
ENA's approximately
↗15%
monthly climb is drawing attention as the platform manages nearly 6x more in locked value than its market valuation.
Earn up to $2,000 when you buy $50 in crypto
Sign me up159
10.42%
99
1.02%
66
24.53%
247
CA$1.1B
6.18%
CA$1.73B
9.6B ENA
15B ENA
15B ENA
CA$6.41B
CA$1.73B
#65
0.04%
CA$166.5M
11.57%
CA$1.24B
CA$5.26B
CA$1.87
Not enough data
75.8%
ENA vs markets
↘ 61.94%
ENA vs BTC
↘ 55.5%
ENA vs ETH
↘ 60.05%
Tags
defi
binance-listing
Network | Address | |
|---|---|---|
Ethereum | 0x57e114B691Db790C35207b2e685D4A43181e6061 |
Time | Price | Change |
|---|---|---|
Today | CA$0.1155 | |
1 Day | CA$0.1087 | |
1 Week | CA$0.1133 | |
1 Month | CA$0.09804 | |
1 Year | CA$0.4627 |
AI generated 50m ago
ENA's approximately
↗15%
monthly climb is drawing attention as the platform manages nearly 6x more in locked value than its market valuation.
Platform value exceeding market price
The platform holds approximately $4.52B in locked value while the market values the project at roughly $773M, creating a ratio of nearly 6:1. This gap shows the market is pricing the token well below the value of assets managed by the protocol.
Trading activity expanding
Trading volume increased roughly
↗6.61%
over the past 24 hours while the market cap rose roughly
↗4.52%
over the same period. Interest in trading contracts expanded roughly
↗6.52%
over the past 24 hours with funding rates at approximately 0.01%.
Exchange flows showing selling pressure
Investors moved approximately $1.10M more tokens to exchanges than they withdrew over the past 24 hours, with on-chain metrics showing loss realization and cautious sentiment based on holder profitability.
Short positions facing pressure
Short sellers faced approximately $145M in liquidations over the past 24 hours compared to roughly $68M for long positions, indicating traders betting against the price are being forced to close positions.
The latest ENA price is CA$0.1155. Compared to Ethena's value of CA$0.11 from 24 hours ago, there's been a 7% increase, while the current price is 2% up from CA$0.11 which was recorded one week ago. Ethena's all time high is CA$1.87, which was reached on December 16, 2024. This is a -94% change from its price today.
The current circulating supply of Ethena is 9,560,937,500. This is 64% of its max supply of 15,000,000,000 ENA and 64% of its total supply of 15,000,000,000. The market cap is currently CA$1.1B, which is a result of multiplying the current price of Ethena(CA$0.12) by the total supply(15,000,000,000 ENA). The fully diluted valuation of Ethena is CA$1.73B. The diluted valuation of Ethena is CA$1.73B.
Ethena had 99 buyers, 66 sellers and total 159 trades in the last 24h. Ethena was searched 247 times in the last 24h.
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.
Popularity in posts
#150
Contributors
2
Posts
2
% About Ethena
0.083%
Articles
0
X (Twitter)
0% bullish
Sentiment
4.4 ★
Highlights
2 unique individuals are talking about Ethena and it is ranked #150 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 4.4 out of 5. Finally, Ethena is becoming less newsworthy, with 0 news articles published about Ethena.
On Reddit, Ethena was mentioned in 0 Reddit posts and there were 0 comments about Ethena. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
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.