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Logo of EthenaEthena(ENA)
Total Value Locked$4.858b

TVL by Chain

Ethereum$4.854b

TON$3.73m

Key Metrics

Fees (Annualized)$363.79m
Fees 30d$19.72m

Ethereum$19.72m

Fees 7d$3.32m

Ethereum$3.32m

Fees 24h$6,654

Ethereum$6,654

Cumulative Fees$999.76m

Ethereum$999.76m

Revenue (Annualized)$12.4m
Revenue 30d$84,743

Ethereum$84,743

Revenue 7d$17,661

Ethereum$17,661

Revenue 24h$6,654

Ethereum$6,654

Cumulative Revenue$332.86m

Ethereum$332.86m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.4m

Earnings 30d$84,743

Earnings 7d$17,661

Earnings 24h$6,654

Cumulative Earnings$332.86m

Market Cap$716.17m

$ENA Price$0.077

All Time High$1.52

All Time Low$0.07

Fully Diluted Valuation$1.156b

Outstanding FDV$1.001b

$ENA Volume 24h$88.66m

CEX Volume$43.18m

DEX Volume$109.7m(123.74% 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 APY3.8%