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Market Cap$ 2.26T-2.23%
24h Spot Volume$ 27.19B+2.46%
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Category Ethena (ENA)

Ethena Network Activity Hits Record High as USDe Adoption Grows

Ethena Network Activity Hits Record High as USDe Adoption Grows

According to Santiment’s data, on-chain activity on Ethena, a decentralized finance (DeFi) protocol on the Ethereum blockchain, has reached a recor...
Ethena’s Dual Stablecoin Strategy Puts Pressure on USDC’s Market Dominance

Ethena’s Dual Stablecoin Strategy Puts Pressure on USDC’s Market Dominance

Ethena’s innovative dual-stablecoin strategy is rapidly carving out significant market share, raising intrigue on its potential to challenge Circle...
Why is Ethena Price Up Over 8% Today Despite $1.2B Crypto Crash?

Why is Ethena Price Up Over 8% Today Despite $1.2B Crypto Crash?

As the crypto market recorded heavy liquidation of long traders, amounting to nearly $1 billion, Ethena (ENA) rewarded its buyers. The utility-base...
“Not a Depeg but a Tokenized Hedge Fund”: OKX CEO Defends Ethena After USDe Crash

“Not a Depeg but a Tokenized Hedge Fund”: OKX CEO Defends Ethena After USDe Crash

OKX CEO Star Xu clarified that the sharp USDe price drop should not be seen as a stablecoin de-peg but as market stress on a synthetic-dollar instr...
Ethena Secures $20M From UAE’s M2 Holdings as Synthetic Dollar Protocol Expands Market Reach

Ethena Secures $20M From UAE’s M2 Holdings as Synthetic Dollar Protocol Expands Market Reach

M2 Capital Limited, the investment arm of UAE-based M2 Holdings, has committed $20 million to Ethena’s governance token ENA. The group said the dea...