Ethena (ENA) is a Liquid Staking Derivative (LSD) protocol built on the Ethereum network, supporting profit enhancement for users through the issuance of a synthetic dollar called USDe. Below are some detailed information about ENA coin:

- *Total Supply*: 15 billion ENA

- *Initial Supply*: 1.425 billion ENA

- *Blockchain*: Ethereum

ENA coin was listed on Binance on April 2, 2024, with trading pairs including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.

Some key features of Ethena include ¹:

- *USDe*: The synthetic dollar of Ethena, collateralized by LST tokens on Ethereum and operates based on a Delta-Hedging mechanism to ensure value stability and generate income for holders.

- *Internet Bond*: A protocol that generates profits for USDe holders by utilizing the Internet Bond solution, providing an approximately 10% return for USDe holders over a fixed period.

- *sUSDe*: Users can stake USDe in the protocol and receive sUSDe, with yields of up to 24%.

Ethena also offers a variety of methods for users to earn Shards points, including purchasing USDe, staking USDe, providing liquidity to supported protocol pools, and inviting friends to join.