Market Cap
$2,803,634,117.2
Fully Diluted Valuation
$13,866,505,680.1
24 Hour Trading Vol
$626,996,870.3
Circulating Supply
3,032,812,500.0
Total Supply
15,000,000,000.0
Max Supply
∞
Ethena Price
$0.924
24h Range
$0.776 - $0.924
Percent Change 1h
0.34%
Percent Change 24h
10.7%
Percent Change 7d
-3.02%
All-time high
$1.52
All-time low
$0.195
1D
7D
1M
1Y
Ethena (ENA) is a decentralized finance (DeFi) platform focused on providing innovative financial solutions utilizing blockchain technology. Launched in 2023, Ethena aims to create an ecosystem that enables users to engage in various financial activities such as lending, borrowing, and yield farming. The platform operates primarily on the Ethereum blockchain, leveraging its smart contract capabilities to ensure transparency and security. Ethena's native token, ENA, is utilized for governance, staking, and incentivizing users to participate in the network. As of early 2024, Ethena has garnered significant attention, with a market capitalization exceeding $500 million and a growing user base of over 100,000 active wallets.
Ethena was founded by a team of experienced professionals from diverse backgrounds in finance, technology, and blockchain development. The key figures behind Ethena include:
Ethena operates on a decentralized model that leverages smart contracts to automate various financial processes. The core functionalities of Ethena include:
Ethena offers various use cases within the DeFi ecosystem, making it a versatile platform for users:
Ensuring the safety of your Ethena holdings involves several best practices:
Investing in Ethena (ENA) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Ethena: Once your account is funded, you can purchase Ethena directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Ethena using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Ethena (ENA) is currently trading at $0.924 and exhibits good potential for future growth. Check the latest Ethena (ENA) price prediction.
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