$ENA - Ethena
🚀 Project Overview:
Sick of boring stables? Ethena's USDe is a synthetic dollar with hedged yields—delta-neutral magic earning from funding rates. ENA governs and stakes for perks, powering $14B+ TVL. It's DeFi's yield factory in volatile times. Traders, farm those rates while hedging—stability meets gains! 💵
📍 Price: $0.5434 (24h change: -4.01%)
📈 Tokenomics & Trading Data:
· Circulating Supply: 6.89 Billion $ENA
· Total Supply: 15 Billion $ENA
· Fully Diluted Valuation (FDV): $8.15 Billion
· 24h Trading Range: $0.53 - $0.56
· All-Time High: $1.51 (Apr 2024, -64.03%)
💡 What to Expect When Trading:
ENA's dipping on market jitters but USDe mints hit records—volume resilient! Rate flips drive swings; adoption + Binance listings pump it. Key: Pair with perps for hedged plays—unlocks ahead, so DCA dips! 📉➡️📈
✅ Pros:
· Yield Machine: 15-20% APY on stables—earn in bear markets.
· Risk-Smart: Fully hedged, no bank BS. 🛡️
· Gov Power: Vote on upgrades, boost holdings.
❌ Cons:
· Supply Flood: 15B total = dilution drag.
· Vol Ties: Crypto moods amplify drops.
🎯 Trading View (Not Financial Advice):
· Intraday: Buy $0.53 lows; sell $0.56 highs for 3% rebounds.
· Long-Term: Stable meta to $1.20—hold $0.54+, stop $0.52. Yield wizard! 🌱
BUY& TRADE HERE