Ethena (ENA)

Total Value Locked$6.727b

TVL by Chain

Ethereum$6.719b

TON$7.9m

Key Metrics

Fees (Annualized)$359.9m

Fees 30d$29.5m

Fees 7d$4.99m

Fees 24h$28

Cumulative Fees$631.04m

Revenue (Annualized)$710,125

Revenue 30d$58,207

Revenue 7d$15,241

Revenue 24h$28

Cumulative Revenue$98.47m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$710,125

Earnings 30d$58,207

Earnings 7d$15,241

Earnings 24h$28

Cumulative Earnings$98.47m

Market Cap$1.899b

$ENA Price$0.25

All Time High$1.52

All Time Low$0.2

Fully Diluted Valuation$3.703b

Outstanding FDV$2.538b

$ENA Volume 24h$175.61m

CEX Volume$98.37m

DEX Volume$168.2m(95.78% of total)

$ENA Liquidity$20.46m

Uniswap V3$20.2m

Aerodrome Slipstream$260,794

Protocol Information

Ethena is a synthetic dollar protocol built on Ethereum

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked1

Average APY4.47%

View all Yields

Income Statement for Ethena

Q4 2025*Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Fees$85.73m$151.08m$45.86m$95.67m$145.54m$27.68m$55.11m$24.28m$84,309
Revenue$444,672$10.18m$1.15m$7.92m$26.96m$1.05m$26.39m$24.28m$84,309
Earnings$444,672$10.18m$1.15m$7.92m$26.96m$1.05m$26.39m$24.28m$84,309