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Logo of EthenaEthena(ENA)
Total Value Locked$4.068b

TVL by Chain

Ethereum$4.064b

TON$3.61m

Key Metrics

Fees (Annualized)$362.17m
Fees 30d$14.01m

Ethereum$14.01m

Fees 7d$2.41m

Ethereum$2.41m

Fees 24h$24

Ethereum$24

Cumulative Fees$1.006b

Ethereum$1.006b

Revenue (Annualized)$12.4m
Revenue 30d$71,075

Ethereum$71,075

Revenue 7d$8,332

Ethereum$8,332

Revenue 24h$24

Ethereum$24

Cumulative Revenue$332.9m

Ethereum$332.9m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$12.4m

Earnings 30d$71,075

Earnings 7d$8,332

Earnings 24h$24

Cumulative Earnings$332.9m

Market Cap$792.1m

$ENA Price$0.083

All Time High$1.52

All Time Low$0.07

View $ENA token page

Fully Diluted Valuation$1.243b

Outstanding FDV$1.081b

$ENA Volume 24h$106.29m

CEX Volume$56.05m

DEX Volume$127.1m(119.57% 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

Category:Basis Trading

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 APY3.96%