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ENA (Ethena) is up 10.81% over the past 24 hours, and is currently trading at $0.0903

Price Volatility

2026-04-08 02:12:29

ENA5.25%

USDE-0.08%

AAVE6.15%

Gate News message. On April 8, according to Gate market data, as of the time of publication, ENA (Ethena) is trading at $0.0903. In the past 24 hours, it is up 10.81%, reaching a high of $0.0923 and falling to a low of $0.0794. The total trading volume over the last 24 hours was $2.9118 million. Its current market cap is approximately $791 million, ranking 88th.

Ethena is an Ethereum-based synthetic dollar protocol, aiming to provide crypto-native solutions for users who do not rely on traditional banking system infrastructure, while also offering a globally usable savings tool denominated in U.S. dollars—an “internet bond.” Its core product USDe has accumulated an issued supply of $6.9 billion. Through an sUSDe staking mechanism, it provides users with a yield of 3.5% APY. Ethena has integrated with multiple mainstream exchanges and DeFi protocols such as Aave, supports on-chain deployment across 24 networks, and has over 937k users. The protocol employs transparency measures such as weekly independent third-party validation and monthly custodian proof, and its current asset coverage ratio is 101.16%.

This message does not constitute investment advice; investment involves risks, including market volatility.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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