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Cryptocurrencies: 23701
Exchanges: 115
Market Cap: $$3.95T
24h Vol: $89.25B
Dominance: BTC: 59.3% ETH: 13.7%
ETH Gas: 29 Gwei
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Ethena Labs is the creator of USDe, a synthetic U.S. dollar protocol built on Ethereum. The plan addresses the need for a stable, scalable form of money within the crypto-native space that does not rely on the traditional banking system
ENA is Ethena’s native utility token and is used for the following functions:
Governance: ENA token holders can vote on protocol governance decisions