Ethena Price Data
Ethena (ENA)
currently has a price of
$0.23
and is
up
8.12%
over the last 24 hours. The cryptocurrency is ranked
54
with a market cap of
$2.3B.
Over the last 24 hours, it saw
$534.2M
of trading volume. The token has a circulating supply of
10.1B
tokens out of a total supply of
15B
tokens.
Ethena is a protocol on the Ethereum blockchain designed to offer a synthetic dollar, aiming to create a cryptocurrency-based solution for a stable currency that operates independently of the traditional banking system. It introduces the concept of the 'Internet Bond', a savings instrument denominated in dollars, accessible globally, and built to provide a crypto-native way to save and earn interest without relying on conventional financial infrastructures.
