Ethena Price ENA
Rank #38Ethena (ENA) is a cryptocurrency trading at $0.2073 as of Mon, 26 Oct 2026 00:30:04 UTC, up 6.18% in the last 24 hours and up 11.14% over the past week. It is the #38 cryptocurrency by market capitalisation, with a market cap of $2.78B and $372.63M traded in 24 hours, trading 87% below its all-time high of $1.52.
Ethena (ENA) is a cryptocurrency, trading at $0.2073 (up 6.18% today) and ranked #38 by market capitalization, as of Mon, 26 Oct 2026 00:30:04 UTC.
- Price: $0.2073 (+6.18% 24h, +11.14% 7d)
- Market cap: $2.78B · rank #38
- All-time high: $1.52 (-87.26%) · Apr 11, 2024
- Circulating supply: 13,406,250,000 ENA of 15,000,000,000
- 24h volume: $372.63M
Ethena (ENA) is moving with the broader market, with no single clear catalyst identified. full explanation →
Ethena Price Chart
Ethena Converter
ENA → USD from CoinGecko; NGN at the Nigerian P2P market rate; other currencies via live FX. Full converter →
How much is Ethena worth?
| Amount | USD | Naira (₦) |
|---|---|---|
| 0.1 ENA | $0.0207 | ₦28.59 |
| 0.5 ENA | $0.1037 | ₦142.95 |
| 1 ENA | $0.2073 | ₦285.9 |
| 5 ENA | $1.04 | ₦1,429.49 |
| 10 ENA | $2.07 | ₦2,858.97 |
| 50 ENA | $10.37 | ₦14,294.85 |
| 100 ENA | $20.73 | ₦28,589.7 |
Ethena Market Statistics
Ethena Price Performance
| Period | 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|---|
| Change | -1.09% | +6.18% | +11.14% | -13.49% | -15.38% | -59.19% |
Ethena Key Statistics
How Ethena Compares
Ethena (ENA) side by side with the market's largest cryptocurrencies.
| Coin | Price | 24h | 7d | Market Cap | Rank |
|---|---|---|---|---|---|
| Ethena ENA | $0.2073 | +6.18% | +11.14% | $2.78B | #38 |
 Bitcoin BTC | $80,118.00 | -0.82% | -2.03% | $1.61T | #1 |
 Ethereum ETH | $2,329.40 | -1.13% | -2.79% | $284.61B | #2 |
 Hyperliquid HYPE | $76.70 | +0.01% | -3.12% | $17.06B | #11 |
What would Ethena be worth at a bigger market cap?
A hypothetical: ENA's price if it reached today's largest market caps at its current circulating supply. Illustrative only — not a prediction or target.
| If ENA had the market cap of… | Implied ENA price | vs today |
|---|---|---|
| Bitcoin ($1.61T) | $120.12 | 579.4× |
| Ethereum ($284.61B) | $21.22 | 102.4× |
About Ethena
Ethena (ENA) is a cryptocurrency ranked #38 by market capitalization, currently valued at $2.78B. It trades at $0.2073 with $372.63M in 24-hour volume.
Categories: Decentralized Finance (DeFi) · Binance Launchpool · Solana Ecosystem · Avalanche Ecosystem · Arbitrum Ecosystem · Ethereum Ecosystem
How Ethena Works
Ethena (ENA) is a decentralized finance (DeFi) project focused on creating a synthetic US dollar (USDe) that aims to maintain a stable value relative to the US dollar without relying on traditional fiat-backed reserves.
The project utilizes a combination of derivatives and collateralized positions to maintain the peg of its synthetic US dollar. It employs delta hedging strategies and leverages crypto-native yield to support the stability of USDe.
What Moves the Ethena Price
The supply of ENA tokens and the adoption of USDe as a stablecoin alternative are key factors influencing the asset's price. The project's ability to maintain the peg of USDe is crucial for its success.
Market conditions in the broader cryptocurrency and DeFi space, such as interest in decentralized stablecoins and regulatory developments around stablecoin projects, can impact Ethena's growth and adoption.
The project's yield-generating mechanisms and the returns offered to users for participating in the ecosystem can also drive demand for ENA tokens.
Recent Ethena News
Headlines aggregated from public crypto-news feeds; links open the original source. More crypto news →
Ethena Tokenomics & Supply
Ethena has a circulating supply of 13,406,250,000 ENA out of a maximum of 15,000,000,000 ENA, and a total supply of 15,000,000,000 ENA. Its fully diluted valuation is $2.90B.
About 89.4% of Ethena's maximum supply of 15,000,000,000 ENA is in circulation. The remaining 10.6% — roughly 1,593,750,000 ENA — has yet to enter the market, a potential dilution of up to about 12% in the token count if it is all eventually issued.
At today's price that overhang is worth about $121.20M — the gap between Ethena's market cap ($2.78B) and its fully-diluted valuation ($2.90B). A market-cap-to-FDV ratio of 0.96 means roughly 96% of the token's eventual supply value is already circulating; the lower this ratio, the more future supply could weigh on price.
Supply figures from CoinGecko; dilution and ratios computed by TLT from them. Information only — not financial advice.
Where to Buy Ethena
You can buy Ethena (ENA) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, ENA is also available via local exchanges and P2P — see our ENA in naira page. Always compare fees and use reputable platforms.
Buy Ethena (ENA) in Nigeria
Ethena priced in Nigerian naira at the P2P market rate — what Nigerians actually pay — alongside the official USD/NGN rate.
One ENA costs about ₦286.1 to buy on Nigerian P2P markets and sells for about ₦285.69. The P2P USDT/NGN rate (₦1,379) sits 4.0% above the official USD/NGN rate of ₦1,325.72, so dollar-priced crypto effectively carries that spread when you buy with naira.
P2P rates from Nigerian exchanges; spreads vary by amount and payment method. Verify live rates and fees before trading. Not financial advice.
Ethena Markets & Exchanges
Top exchanges where Ethena (ENA) trades, by reputation and 24-hour volume.
| # | Exchange | Pair | Price | Volume (24h) |
|---|---|---|---|---|
| 1 | Binance | ENA/USDC | $0.1932 | $111.11M |
| 2 | Binance | ENA/USDT | $0.1933 | $31.88M |
| 3 | MEXC | ENA/USDT | $0.1934 | $25.90M |
| 4 | Bybit | ENA/USDT | $0.1934 | $25.89M |
| 5 | Bitget | ENA/USDT | $0.1934 | $11.66M |
| 6 | KuCoin | ENA/USDT | $0.1933 | $8.06M |
| 7 | Gate | ENA/USDT | $0.1934 | $7.81M |
| 8 | Coinbase Exchange | ENA/USD | $0.1935 | $5.23M |
| 9 | OKX | ENA/USDT | $0.1938 | $3.72M |
| 10 | Kraken | ENA/USD | $0.1936 | $3.02M |
Market data from CoinGecko, ranked by exchange reputation and 24-hour volume. Exchange links open externally — verify fees and terms before trading. Not financial advice.
Ethena in Other Currencies
Related Cryptocurrencies
Ethena FAQ
What is the price of Ethena today?
As of Mon, 26 Oct 2026 00:30:04 UTC, Ethena (ENA) is trading at $0.2073, up 6.18% over the last 24 hours. Its market capitalization is $2.78B, ranking it #38 among all cryptocurrencies.
How much is 1 Ethena worth in USD and Naira?
One ENA is worth $0.2073 — about ₦285.9 at the Nigerian P2P market rate as of Mon, 26 Oct 2026 00:30:04 UTC. For example, 0.5 ENA = $0.1037 and 10 ENA = $2.07. Use the converter on this page to price any amount of ENA in USD, Naira or other currencies.
What would Ethena be worth at Bitcoin's market cap?
If Ethena reached Bitcoin's current market capitalization of $1.61T at its present circulating supply, one ENA would be worth about $120.12 — roughly 579× today's price. This is a hypothetical illustration based on market caps, not a prediction or target. Crypto is volatile — not financial advice.
How can I buy Ethena in Nigeria?
You can buy Ethena (ENA) in Nigeria on local exchanges such as Quidax and Busha, or peer-to-peer (P2P). At the current P2P rate, 1 ENA costs about ₦286.1, with the P2P naira rate carrying roughly a 4.0% premium over the official USD rate. Compare fees and verification requirements first — see our naira on-ramp comparison. Not financial advice.
What is Ethena's market cap?
Ethena has a market capitalization of $2.78B (rank #38), calculated as its circulating supply of 13,406,250,000 ENA multiplied by the current price of $0.2073.
What is the all-time high of Ethena?
Ethena's all-time high is $1.52, reached on Apr 11, 2024. At $0.2073 today, it is 87.3% below that peak.
How many ENA are there?
Ethena has a circulating supply of 13,406,250,000 ENA out of a maximum of 15,000,000,000 ENA, and a total supply of 15,000,000,000 ENA.
Will Ethena go up? Is it a good investment?
No one can reliably predict whether Ethena will rise or fall — anyone promising guaranteed ENA returns is not trustworthy. Ethena is an established asset, but all crypto is volatile. Research it yourself and only risk what you can afford to lose. This is not financial advice.
Where can I buy Ethena?
You can buy Ethena (ENA) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, ENA is also available via local exchanges and P2P — see our ENA in naira page. Always compare fees and use reputable platforms.
What is the purpose of Ethena's synthetic US dollar (USDe)?
The purpose of USDe is to provide a decentralized alternative to traditional stablecoins by creating a synthetic asset that maintains a stable value relative to the US dollar without relying on fiat reserves.
How does Ethena maintain the peg of USDe?
Ethena maintains the peg of USDe through the use of derivatives and collateralized positions, employing delta hedging strategies and leveraging crypto-native yield to support the stability of the synthetic US dollar.
What are the risks associated with Ethena?
As with any DeFi project, risks include smart contract vulnerabilities, market volatility, and the potential for the synthetic asset to lose its peg. Users should conduct thorough research and understand these risks before participating.
Cite this page
TLT — Token Ledger Times. (2026). Ethena (ENA) price and market data. Token Ledger Times. Retrieved October 26, 2026 UTC, from https://tlt.ng/coin/ethena/@misc{tlt-ethena,
author = {{TLT --- Token Ledger Times}},
title = {Ethena (ENA) price and market data},
year = {2026},
howpublished = {\url{https://tlt.ng/coin/ethena/}},
note = {Source-stamped market data; accessed October 26, 2026 UTC}
}Figures on this page change continuously — please cite the URL together with the "last updated" time above. Every figure is stamped with its upstream source for independent verification.
Data from CoinGecko & Binance, source-stamped above. Information only — not financial advice. Crypto is volatile and high-risk.