What is Ethena (ENA)
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure.
Ethena is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Ethena investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.
Additionally, you can:
- Check ENA staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Ethena on our blog to stay informed about the latest market trends and expert insights.
Our comprehensive resources are designed to make your Ethena buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.
Ethena Price Prediction
Cryptocurrency price predictions involve forecasting or speculating on the future values of cryptocurrencies. These forecasts aim to predict the potential future worth of specific cryptocurrencies, such as Ethena, Bitcoin, or Ethereum. What will be the future price of ENA? How much will it be worth in 2026, 2027, 2028, and up to 2050? For detailed prediction information, please check out our Ethena price prediction page.
Ethena Price History
Tracing ENA's price trajectory provides valuable insights into its past performance and helps investors understand the factors influencing its value over time. Understanding these historical patterns can offer valuable context for assessing ENA's potential future trajectory. For detailed price history information, please check out our Ethena price history page.
Ethena (ENA) Tokenomics
Understanding the tokenomics of Ethena (ENA) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about ENA token's extensive tokenomics now!
How to buy Ethena (ENA)
Looking for how to buy Ethena? The process is straightforward and hassle-free! You can easily purchase Ethena on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
ENA to Local Currencies
Ethena Resource
For a more in-depth understanding of Ethena, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About Ethena
Ethena Labs is a financial innovation project introducing a synthetic dollar protocol called USDe on the Ethereum blockchain.
Ethena Labs seeks to address the need for a crypto-native stablecoin and a globally accessible savings instrument, providing stability, scalability, and censorship resistance in the decentralized finance (DeFi) space.
Unlike traditional stablecoins tied to the banking system, USDe offers a crypto-native solution independent of traditional financial infrastructure.
The 'Internet Bond' concept introduces a novel financial instrument, amalgamating yields from staked Ethereum and the derivatives market to create a dollar-denominated savings tool accessible globally, aiming to rival traditional savings instruments.
Ethena utilizes a delta-neutral strategy to manage the volatility of its collateral assets effectively. Additionally, it leverages on-chain custody and derivatives for liquidity, ensuring the stable value of USDe in all market conditions and positioning itself as a leader in financial innovation within the crypto space.
The ENA token is the governance token for Ethena, allowing holders to participate in the decision-making processes of the protocol. Besides governance, it marks a significant milestone in Ethena's journey, with strategic airdrops designed to incentivize long-term engagement and investment in the protocol's ecosystem.
Ethena recently conducted an airdrop of 750 million ENA tokens, constituting 5% of the total supply, as a reward for participants in its shard campaign. This strategic move aims to incentivize sustained participation and investment within Ethena's ecosystem, fostering wider adoption and engagement with its synthetic dollar and DeFi instruments.
Ethena has initiated the sats campaign, aiming to integrate Bitcoin as a backing asset for USDe. This move underscores its ambition to expand USDe's market cap to over $10 billion, enhancing its stability and utility as a globally accessible stablecoin within the DeFi space.
The ENA token distribution includes an immediate allocation to smallholders and a six-month vesting period for the 2000 largest ENA wallet holders.
The live price of Ethena (ENA) is 0.2824 USD.
The current market cap of Ethena is $ 1.72B USD. It is calculated by multiplying the current supply of ENA by its real-time market price of 0.2824 USD.
The current circulating supply of Ethena (ENA) is 6.09B USD.
As of 2025-06-20, the highest price of Ethena (ENA) is 1.521 USD.
The 24-hour trading volume of Ethena (ENA) is $ 20.76M USD. You can discover more tradable tokens on MEXC and check their 24-hour trading volume.
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Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning.
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