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Logo of EthenaEthena(ENA)
Total Value Locked$4.824b

TVL by Chain

Ethereum$4.82b

TON$3.7m

Key Metrics

Fees (Annualized)$367.53m
Fees 30d$20.26m

Ethereum$20.26m

Fees 7d$3.75m

Ethereum$3.75m

Fees 24h$3.58m

Ethereum$3.58m

Cumulative Fees$1.007b

Ethereum$1.007b

Revenue (Annualized)$12.41m
Revenue 30d$78,280

Ethereum$78,280

Revenue 7d$27,408

Ethereum$27,408

Revenue 24h$4,726

Ethereum$4,726

Cumulative Revenue$332.89m

Ethereum$332.89m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.41m

Earnings 30d$78,280

Earnings 7d$27,408

Earnings 24h$4,726

Cumulative Earnings$332.89m

Market Cap$711.17m

$ENA Price$0.077

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.148b

Outstanding FDV$996.04m

$ENA Volume 24h$175.25m

CEX Volume$84.01m

DEX Volume$165.94m(94.69% 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 APY3.79%