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Dividend Vision

ENA-USD — Ethena

Ethena (ENA-USD)

Ethena is a cryptocurrency governance token that operates on the Ethereum blockchain as part of the Ethena protocol, which creates USDe—a synthetic dollar maintained through delta-hedging and short perpetual futures positions. ENA holders participate in governance decisions affecting protocol parameters, collateral requirements, and risk management, but the token does not currently generate yield or distribute dividends. This asset appeals primarily to cryptocurrency enthusiasts and protocol participants interested in governance participation rather than income generation, and carries the volatility and technical complexity characteristic of early-stage crypto infrastructure tokens.

ENA-USD key facts

Asset type
Crypto
Asset class
Crypto
Inception date
04/02/2024
Last close
$0.09
Market cap
$836,592,960
Average volume
141500860.0