Ethena ENA
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Claim Token ProfileDisclosures Overview
Core Contributors
Legal & Financial
Tokenomics
Service Providers
Performance Overview: Market Quality
Total Volume (as % of Market Cap)
Market Cap (USD)
Trade Volume (USD)
Depth +/- 2% (as a % of Market Capitalization)
Depth +/- 2% (USD) | Market Cap (USD)
Bid / Ask Spread (Volume weighted spreads)
Bid / Ask Spread (%)
Price Performance
30D Change: 36.67%Price (USD)
Open Interest (as a % of Market Capitalization)
Top Venues by OI (prev. 30D avg.)
Funding Rate
Funding Rate (%)
Performance Overview: Liquidity Providers
Data not disclosed
Market Maker Volume (as a % of total volume)
N/AMarket Maker Depth (as a % of total depth)
N/AMarket Maker Uptime / KPI Adherence
N/APerformance Overview: Liquidity Footprint
Top-Tier Exchange Coverage
Total Volume (CEX vs DEX)
Volume (USD)
Total +/- 2% Depth (CEX vs DEX)
+/- 2% Depth (USD)
Total Volume (Spot vs Perps)
Volume (USD)
Total +/- 2% Depth (Spot vs Perps)
+/- 2% Depth (USD)
Performance Overview: Tokenomics
Disclosed Token Vesting vs Actual Vesting
Disclosed Maximum Token Supply (%) | Months Since TGE
Commentary versus actual token vesting
The insider schedule is complete and stated with unusual clarity — the explicit "no tokens unlocked prior to the cliff" statement for both groups is above sector norm; most projects leave this to inference. The stated TGE date is wrong, and every vesting date derives from it. The tokenomics page reads: "Unlock schedules for Core Contributors and Investors started on ENA TGE at March 5th 2024." ENA's token generation and airdrop occurred in early April 2024, and the one-year cliff release for both groups was observed in April 2025. Two groups totalling 45% of supply have no circulation schedule whatever — the Foundation and Ecosystem Development allocations are described only by purpose. No vesting contract address is published for either insider group, so nothing is independently verifiable against a deployed schedule. No restatement or progress reporting — no running statement of what has unlocked against the schedule. Third-party tracking records the unlock schedule as extending into 2028, with 9,828,125,000 ENA unlocked.
Market Cap vs. FDV (Ratio)
0.89:1Fully Diluted Valuation (FDV) (USD)
$3,501,742,986Annualized Rate of Inflation
19.02%Data as of 2026-10-07 · Scoring config v4 · Rated 172 of 173 projects
UTR scores evaluate disclosure quality and token market structure. The score is informational and should not be interpreted as an assessment of expected returns or as an investment recommendation.