$ENA
* Ethena is a crypto in the CRYPTO market.
* The price is 0.601198 USD currently with a change of -0.02 USD (-0.03%) from the previous close.
* The intraday high is 0.639191 USD and the intraday low is 0.576236 USD.
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🚀 Ethena (ENA) in 100 Words
Ethena (ENA) is the native governance token of the Ethena protocol—a DeFi platform that issues USDe, a synthetic dollar stabilized through delta-neutral hedging strategies using staked assets and derivatives. ENA has gained over 13% in the past 24 hours, trading around **\$0.60**, backed by rising buyer volumes and ecosystem growth . Recently, Ethena’s USDe stablecoin became the third-largest in DeFi, boosting ENA’s demand . Governance holders can vote on protocol decisions, while users benefit from yield via sUSDe - the “Internet Bond” instrument . Risks include large token unlocks and reliance on funding rate-based stability systems $ENA