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Logo of EthenaEthena(ENA)
Total Value Locked$4.838b

TVL by Chain

Ethereum$4.834b

TON$3.76m

Key Metrics

Fees (Annualized)$363.13m
Fees 30d$15.6m

Ethereum$15.6m

Fees 7d$4.58m

Ethereum$4.58m

Fees 24h$267

Ethereum$267

Cumulative Fees$991.91m

Ethereum$991.91m

Revenue (Annualized)$12.37m
Revenue 30d$381,838

Ethereum$381,838

Revenue 7d$14,717

Ethereum$14,717

Revenue 24h$267

Ethereum$267

Cumulative Revenue$332.83m

Ethereum$332.83m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.37m

Earnings 30d$381,838

Earnings 7d$14,717

Earnings 24h$267

Cumulative Earnings$332.83m

Market Cap$756.24m

$ENA Price$0.081

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.221b

Outstanding FDV$1.055b

$ENA Volume 24h$141.36m

CEX Volume$83.69m

DEX Volume$138.43m(97.92% 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 APY3.57%