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Logo of EthenaEthena(ENA)
Total Value Locked$4.854b

TVL by Chain

Ethereum$4.851b

TON$3.73m

Key Metrics

Fees (Annualized)$363.67m
Fees 30d$16.45m

Ethereum$16.45m

Fees 7d$4.53m

Ethereum$4.53m

Fees 24h$3,302

Ethereum$3,302

Cumulative Fees$996.45m

Ethereum$996.45m

Revenue (Annualized)$12.39m
Revenue 30d$109,439

Ethereum$109,439

Revenue 7d$17,637

Ethereum$17,637

Revenue 24h$3,302

Ethereum$3,302

Cumulative Revenue$332.85m

Ethereum$332.85m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.39m

Earnings 30d$109,439

Earnings 7d$17,637

Earnings 24h$3,302

Cumulative Earnings$332.85m

Market Cap$784.04m

$ENA Price$0.084

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.265b

Outstanding FDV$1.096b

$ENA Volume 24h$97.58m

CEX Volume$48.71m

DEX Volume$160.33m(164.31% of total)

$ENA Liquidity$20.46m

Uniswap V3$20.2m

Aerodrome Slipstream$260,794

Total Raised$166m

Jul 17, 2023$6mRound: SeedInvestors: Dragonfly Capital, Maelstrom, Deribit, Bybit, Mirana Ventures, OKX Ventures, BitMEX, Gemini, Lightspeed Faction, Huobi Ventures, Nascent, BlockTower Capital, Delphi Digital, Wintermute Ventures, GSR, CMT Digital, Tangent, Finality Capital Partners, No Limit Holdings, Cobie, Anthony Sassano, Julian Koh, Jai Prasad

Feb 16, 2024$14mRound: Strategic Investors: Dragonfly Capital, Maelstrom

Mar 8, 2024Round: PrivateInvestors: Binance Labs

Feb 24, 2025$100mRound: PrivateInvestors: Franklin Templeton Investments, Pantera Capital, Polychain Capital, Dragonfly Capital, STIX, F-Prime Capital

Feb 26, 2025$16mRound: StrategicInvestors: MEXC Ventures

Sep 30, 2025$30mRound: StrategicInvestors: MEXC Ventures

Jun 9, 2026Round: StrategicInvestors: Janus Henderson Investors

Protocol Information

Ethena is a synthetic dollar protocol built on Ethereum

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked1

Average APY3.54%