
24h high
$0.08605
24h low
$0.08209
24h vol (ENA)
19.01M
24h vol(USDT)
1.6M

ENA is the governance token of Ethena, a DeFi protocol centered on USDe, a synthetic dollar backed by crypto collateral and delta-neutral hedging strategies, positioning itself as \"Digital Dollars for the Internet Economy.\" In 2026, Ethena attracted strategic investment from Coinbase, was added to Grayscale's DeFi Fund, and rapidly expanded into the Solana ecosystem through Jupiter Lend. ENA holders participate in governance over the protocol's suite of stablecoin products, including USDe, sUSDe, and USDtb.