
24h high
$0.09095
24h low
$0.08700
24h vol (ENA)
18.85M
24h vol(USDT)
1.65M

ENA is the governance token of Ethena, a DeFi protocol centered on USDe, a synthetic dollar backed by crypto collateral and delta-neutral hedging strategies, positioning itself as \"Digital Dollars for the Internet Economy.\" In 2026, Ethena attracted strategic investment from Coinbase, was added to Grayscale's DeFi Fund, and rapidly expanded into the Solana ecosystem through Jupiter Lend. ENA holders participate in governance over the protocol's suite of stablecoin products, including USDe, sUSDe, and USDtb.