Ethena (ENA)

Total Value Locked$7.944b

TVL by Chain

Ethereum$7.921b

TON$23.7m

fetching fees...

Key Metrics

Fees (Annualized)$435.54m

Fees 30d$35.7m

Fees 7d$19.49m

Fees 24h$91,169

Cumulative Fees$430.59m

Revenue (Annualized)$116.5m

Revenue 30d$9.55m

Revenue 7d$8.45m

Revenue 24h$91,169

Cumulative Revenue$98.06m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$116.5m

Earnings 30d$9.55m

Earnings 7d$8.45m

Earnings 24h$91,169

Cumulative Earnings$98.06m

Market Cap$3.697b

$ENA Price$0.58

All Time High$1.52

All Time Low$0.2

Fully Diluted Valuation$8.727b

$ENA Volume 24h$1.023b

CEX Volume$740.04m

DEX Volume$270.85m(26.47% of total)

$ENA Liquidity$46.67m

Raydium AMM$30.26m

Uniswap V3$16.41m

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

Fees: Staking rewards + yield distribution + mint fees + extra feesView code on GitHubRevenue: Mint Fees and staking rewards portion to Reserve FundView code on GitHub

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 APY9.69%

View all Yields

Income Statement for Ethena

Q3 2025*Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Fees$35.7m$46.53m$95.67m$145.54m$27.68m$55.11m$24.28m$84,309
Revenue$9.55m$1.82m$7.92m$26.96m$1.05m$26.39m$24.28m$84,309
Earnings$9.55m$1.82m$7.92m$26.96m$1.05m$26.39m$24.28m$84,309