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How to Buy Ethena
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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
ENA declined roughly
↘6%
over the past 24 hours following
Ethena's announcementthat it ended token rewards after distributing approximately $800M and
a notable investor's saleof approximately $2.7M in tokens.
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€0.1618
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Trading Insights
Buyer Ratio
72%0%
Traders
282
8.74%
Buyers
202
10.62%
Sellers
90
6.25%
Searched
363
Market Stats
Market Cap
€2.17B
4.01%
FDV
€2.43B
Circ. Supply
13B ENA
Max Supply
15B ENA
Total Supply
15B ENA
Total Value Locked
€4.43B
Diluted Valuation
€2.43B
Performance
Popularity
#36
Dominance
0.1%
Volume (24H)
€183M
29.19%
Volume (7D)
€2.67B
Volume (30D)
€15.34B
All time high
€1.18
Price Change (1Y)
59.45%
Additional details
Market details
ENA vs markets
↘ 42.74%
ENA vs BTC
↘ 41.76%
ENA vs ETH
↘ 29.01%
Tags
defi
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x57e114B691Db790C35207b2e685D4A43181e6061 |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.1618 | |
1 Day | €0.1675 | |
1 Week | €0.1855 | |
1 Month | €0.2162 | |
1 Year | €0.3849 |
Coinbase insights
Happening now
AI generated
ENA declined roughly
↘6%
over the past 24 hours following
Ethena's announcementthat it ended token rewards after distributing approximately $800M and
a notable investor's saleof approximately $2.7M in tokens.
Buyer interest persists during decline
More people bought than sold over the past 24 hours (roughly 2.2 buyers for every seller) even as the price moved lower.
Trading activity normalizing
Trading activity dropped roughly
↘33%
over the past 24 hours as the market absorbed news of the protocol's transition away from token incentives.
Protocol shifts to revenue-funded model
Ethena distributed over approximately $800M in rewards since early 2024 before ending token incentives in September, shifting to a model funded by protocol revenue rather than new token distributions.
Exchange flows show selling pressure
As of the October 31 snapshot, investors moved approximately $2M more tokens to exchanges than they withdrew over the past day, while holders sold at a loss (SOPR at 0.98 over the same period).
Recent trends
The latest ENA price is €0.1618. Compared to Ethena's value of €0.17 from 24 hours ago, there's been a -4% decrease, while the current price is -13% down from €0.19 which was recorded one week ago. Ethena's all time high is €1.18, which was reached on December 16, 2024. This is a -86% change from its price today.
The current circulating supply of Ethena is 13,406,250,000. This is 89% of its max supply of 15,000,000,000 ENA and 89% of its total supply of 15,000,000,000. The market cap is currently €2.17B, which is a result of multiplying the current price of Ethena(€0.16) by the total supply(15,000,000,000 ENA). The fully diluted valuation of Ethena is €2.43B. The diluted valuation of Ethena is €2.43B.
Ethena had 202 buyers, 90 sellers and total 282 trades in the last 24h. Ethena was searched 363 times in the last 24h.
FAQ
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
#35
Contributors
956
Posts
1,548
% About Ethena
0.319%
Articles
0
X (Twitter)
30.97% bullish
Sentiment
4.1 ★
Highlights
956 unique individuals are talking about Ethena and it is ranked #35 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 4.1 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 34.49% of tweets with bullish sentiment compared to 11.38% of tweets with a bearish sentiment about Ethena. 65.51% of tweets were neutral about Ethena. These sentiments are based on 1535 tweets.
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.
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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.
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