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Logo of EthenaEthena(ENA)
Total Value Locked$4.853b

TVL by Chain

Ethereum$4.849b

TON$3.74m

Key Metrics

Fees (Annualized)$363.67m
Fees 30d$19.62m

Ethereum$19.62m

Fees 7d$4.53m

Ethereum$4.53m

Fees 24h$1.2m

Ethereum$1.2m

Cumulative Fees$996.44m

Ethereum$996.44m

Revenue (Annualized)$12.39m
Revenue 30d$119,048

Ethereum$119,048

Revenue 7d$20,624

Ethereum$20,624

Revenue 24h$1,015

Ethereum$1,015

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$119,048

Earnings 7d$20,624

Earnings 24h$1,015

Cumulative Earnings$332.85m

Market Cap$822.55m

$ENA Price$0.089

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.328b

Outstanding FDV$1.15b

$ENA Volume 24h$103.35m

CEX Volume$53.32m

DEX Volume$121.83m(117.87% 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 APY3.55%