Ethena price chart
- Market cap
- $1.53B
- 24h volume
- $426.8M
- Volume / market cap
- 27.98%
- Tracked market-cap share
- 0.06%
- Global dominance
- 0.06%
- Market pairs reported
- 480
What ENA is doing relative to the market
Calculated from CryptoDigest’s 50-asset published research universe—not a claim about the entire crypto market.
ENA is 7.27 percentage points above the Stablecoin-protocol governance average in our tracked set.
Reported 24-hour volume equals 27.98% of market cap and 0.27% of tracked-universe volume.
506 hourly candles retained; maximum peak-to-trough move observed was -27.34%.
ENA performance by period
| Period | Return | Context |
|---|---|---|
| 1 hour | +0.24% | Provider snapshot |
| 24 hours | +8.26% | Rank #4 of 50 |
| 7 days | +0.56% | Rank #8 of 50 |
| 30 days | +82.26% | Live market snapshot |
| 60 days | +87.44% | Live market snapshot |
| 90 days | +70.62% | Live market snapshot |
Against Bitcoin: ENA performed 7.75 percentage points better over 24 hours.
What the headline valuation includes
- Circulating supply
- 10.095B ENA
- Total supply
- 15B ENA
- Maximum supply
- 15B ENA
- Fully diluted value
- $2.26B
- 24h volume change
- +14.53%
- Supply model
- Fifteen-billion fixed allocation with multi-year contributor, investor, foundation and ecosystem vesting
Fully diluted value applies the current price to the provider’s reported eventual or total supply. It is a scenario, not a forecast.
What is Ethena?
ENA governs parts of the Ethena ecosystem, whose main product is the USDe synthetic dollar. Holders can participate in governance and elect risk committees, while staked forms can have additional voting or ecosystem roles defined by the protocol.
ENA and USDe are different exposures: ENA is not redeemable for one dollar and USDe backing does not belong pro rata to ENA holders. Committee authority, token unlocks, incentive spending and the risk performance of the underlying stablecoin system can all influence the governance token.
ENA is not the collateral backing USDe and owning ENA does not create a direct redemption claim on Ethena’s reserve assets.
No material active explanation
Detector output is shown only when evidence crosses a materiality threshold; price movement alone is not treated as a cause.
No evidence-backed catalyst is currently flagged.
That is an honest unknown, not evidence that no catalyst exists.
Latest Ethena news
No original CryptoDigest article currently focuses on Ethena. Browse the newsroom for broader market coverage.
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Continue with assets in the same sector first, then the largest tracked markets.
Price, market cap and 24-hour volume come from normalized provider snapshots, timestamped Sep 17, 2026, 6:20 AM UTC.
The chart uses stored 5-minute and hourly OHLC observations. It labels partial coverage instead of stretching it into a longer history.
Ranks, sector deltas and shares use the 50 assets in CryptoDigest’s published research universe. Turnover is volume ÷ market cap.
Supply and extended returns come from the live market-data feed; network facts link to project documentation. Nothing here is investment advice.