$ENA Stock market information for Ethena (ENA)
- Ethena is a crypto in the CRYPTO market.
- The price is 0.604945 USD currently with a change of -0.01 USD (-0.02%) from the previous close.
- The intraday high is 0.639191 USD and the intraday low is 0.576236 USD.
*Ethena (ENA)* is the governance token of the Ethena protocol, a decentralized finance (DeFi) platform on Ethereum that offers a synthetic stablecoin called *USDe*. Unlike traditional stablecoins backed by fiat reserves, USDe maintains its peg through a delta-neutral strategy involving long positions in spot assets and short positions in perpetual futures. [1]
๐ Key Metrics (as of August 5, 2025):
- *Current Price*: 0.60
- *Market Cap*: Approximately3.86 billion
- *Circulating Supply*: 6.35 billion ENA
- *Total Supply*: 15 billion ENA
- *All-Time High*: 1.52 (April 11, 2024)
- *All-Time Low*:0.1953 (September 6, 2024)
๐ Recent Developments:
- *Price Volatility*: ENA has experienced significant price fluctuations, with notable drops following large token unlocks. For instance, a $728 million unlock on March 5, 2025, led to increased selling pressure and a subsequent price decline.