Ethena (ENA)

Price Prediction

Ethena is going UP
Based on our algorithm, there is a strong indication that Ethena is on a bullish trend for the next hour! 🚀
$0.33
Current Price
 
$0.33
Predicted Price for Next Hour
(98% probability)
$0.32
Predicted Lower Bound
(98% probability)
$0.33
Predicted Upper Bound
(98% probability)

Ethena is a synthetic dollar protocol on Ethereum offering USDe, a fully backed, delta-hedged synthetic USD, and sUSDe, a yield-bearing dollar savings instrument. ENA, its ERC-20 governance token, empowers holders to elect risk committee members, vote on parameter changes, and earn protocol revenues. With a capped supply and robust TVL, Ethena brings a crypto-native money solution independent of traditional banking.

✅ Token: ENA governance token (ERC-20)
✅ Supply cap: 15 billion ENA; circulating ~6.1 billion (≈40%)
✅ Use cases: protocol governance, risk committee elections, incentive rewards
✅ Underlying: USDe synthetic dollar backed by crypto assets and futures hedging
✅ Fees & revenue: mint/burn fees fund reserves and stakeholder rewards
✅ TVL: ~$5.9 billion in USDe liquidity
✅ Stability: delta-hedging strategy for reliable peg maintenance
✅ Ecosystem: on-chain stablecoin, savings markets, cross-chain integrations