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Logo of EthenaEthena(ENA)
Total Value Locked$4.876b

TVL by Chain

Ethereum$4.872b

TON$3.77m

Key Metrics

Fees (Annualized)$363.13m
Fees 30d$15.43m

Ethereum$15.43m

Fees 7d$4.59m

Ethereum$4.59m

Fees 24h$2,253

Ethereum$2,253

Cumulative Fees$991.93m

Ethereum$991.93m

Revenue (Annualized)$12.38m
Revenue 30d$214,499

Ethereum$214,499

Revenue 7d$20,294

Ethereum$20,294

Revenue 24h$2,253

Ethereum$2,253

Cumulative Revenue$332.84m

Ethereum$332.84m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.38m

Earnings 30d$214,499

Earnings 7d$20,294

Earnings 24h$2,253

Cumulative Earnings$332.84m

Market Cap$847.54m

$ENA Price$0.091

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.368b

Outstanding FDV$1.181b

$ENA Volume 24h$193.67m

CEX Volume$120.92m

DEX Volume$172.06m(88.85% 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 APY3.62%