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
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%

