The synthetic dollar protocol Ethena native crypto ENA has jumped more than 22.55% in the last 24 hours, rising from a low of $0.3312 to a high of $0.4059. Currently, ENA is trading at $0.3941 with a market cap of $1.09 billion. Over the past week, ENA has gained over
Ethena community is actively discussing a new proposal aimed at integrating a decentralized exchange (DEX) named Ethereal into its reserve management system, establishing Ethereal as the network’s fully on-chain venue for spot and derivative positions backing its synthetic stablecoin, USDe. The proposal, submitted by a member known as “Fells0x,” seeks
In a twist that has the cryptocurrency community abuzz, Ethena (ENA) investors are increasingly diverting their attention and investments to a burgeoning rival, Shiba Budz (BUDZ), intriguingly priced at $0.04. This shift has sparked curiosity and speculation alike, with many wondering why a token like Ethena (ENA), known for its
DeFi protocol Ethena Labs, the creator of yield-earning stablecoin USDe, has displayed commendable surges on the charts ever since the ENA token launch. The protocol’s token jumped 103% and the overall TVL rose 45%. In the last 24 hours, following the Ethena Labs’ announcement of a 50% reward increase for
Ethena Labs, a prominent player in decentralized finance (DeFi), has initiated the distribution of its new governance token (ENA) through an airdrop program. The announcement, made in a recent post, invited holders of the USDe token to claim their portion of the airdrop, which amounts to 750 million ENA tokens,
