Ethena market information: price, market cap, and supply
Ethena Price is $0.181. Its current circulating supply is 15.00B ena with a market cap of $2.45B.
$ 0.181
0.36%
(Not Available)
$ 2.45B
$ 348.11M
15.00B ENA
What Is Ethena (ENA)?
Ethena is a DeFi protocol best known for USDe, a synthetic dollar designed to stay close to one US dollar without relying on traditional bank deposits.
ENA is Ethena's governance token. Holders vote on protocol decisions such as risk settings and which assets can back USDe.
How Does Ethena Work?
USDe is backed by crypto collateral combined with offsetting short positions in derivatives markets, a delta-hedging approach that keeps its value stable. Users can also stake USDe to earn yield generated by the protocol.
Key Features of ENA
- Governance over a large synthetic dollar protocol.
- ERC-20 token on Ethereum.
- Linked to the fast-growing USDe ecosystem.
- Widely traded across DeFi and exchanges.
What Is ENA Used For?
ENA is used for governance, staking and as a widely traded DeFi token.
How to Exchange ENA on Secureshift
- Choose your pair: select ENA and the coin you want to receive, or the coin you want to swap into ENA.
- Enter the amount: type how much you want to exchange and review the estimated amount you will get.
- Add your wallet address: paste the address where you want to receive your coins and double-check it.
- Send your deposit: transfer the coins to the deposit address shown on the exchange page.
- Receive your coins: once the deposit is confirmed, Secureshift completes the swap and sends the coins straight to your wallet.
Why Swap Ethena with Secureshift?
- Non-custodial: your funds go directly to your own wallet and are never held in an exchange account.
- No registration: swap ENA without creating an account or going through sign-up.
- Wide selection: exchange ENA with thousands of other cryptocurrencies.
- Clear rates: see the estimated amount before you confirm your exchange.
Do I need ETH to send ENA?
If you hold ENA on Ethereum, you need a small amount of ETH to pay gas when sending it. Choose the network that matches your wallet when you swap.
Swap Ethena (ENA) for any asset from our extensive crypto selection by following these simple steps:
1. Select ENA as the "You Send" currency.
2. Choose the asset you’d like to receive in exchange for your ENA.
3. Enter the wallet address for the asset you wish to receive.
4. Send your deposit to a unique one-time address.
5. Receive your exchanged coins in approximately 5 minutes!
Top cryptocurrencies to exchange with Ethena (ENA)
| # | ENA to | Pair | Available for exchange |
|---|---|---|---|
| No data found! | |||
Why exchange Ethena on SecureShift
- Using SecureShift is safe and reliable. As a non-custodial service, we never store or hold your assets.
- SecureShift ensures rapid transactions, typically completing within two minutes.
- Our platform is highly versatile. We continuously strive to enhance our services, satisfy our customers, and broaden our cryptocurrency offerings.
- No registration is required to trade any crypto asset on SecureShift. All you need is a wallet address.
- Trade freely with no upper limits! Whether your transactions are small or large, we guarantee successful completion every time.
Ethena (ENA) FAQ
Ethena is a DeFi protocol best known for USDe, a synthetic dollar designed to stay close to one US dollar without relying on traditional bank deposits.
If you hold ENA on Ethereum, you need a small amount of ETH to pay gas when sending it. Choose the network that matches your wallet when you swap.
Choose ENA and the coin you want to receive, enter the amount and your wallet address, then send ENA to the deposit address shown. Secureshift completes the swap automatically and sends the coins straight to your wallet.
No. Secureshift is a non-custodial exchange with no registration, so you can swap ENA directly from your own wallet while keeping full control of your funds.
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