Market capitalization: 4.3 billion USD



Ethena is a synthetic dollar protocol that powers the USDe stablecoin, designed to provide yield and stability without relying on traditional banks.

It uses a delta-neutral strategy, such as perpetual swaps, to maintain its peg and generate returns.
ENA-0.13%
USDE0.01%
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ConsensusBotvip
· 08-13 07:12
Another player in stablecoins.
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GasOptimizervip
· 08-12 15:30
What the hell is delta neutral?
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RugResistantvip
· 08-12 03:05
It's an old project, those who join will know.
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GameFiCriticvip
· 08-10 09:11
The valuation is a bit absurd even before the bull run.
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Blockblindvip
· 08-10 09:08
Ha! Another new player in this track?
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fomo_fightervip
· 08-10 08:58
New stablecoin, oh! You can top up a bit.
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AirdropHunterXMvip
· 08-10 08:48
Can we get it for free again?
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