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Cryptocurrencies: 23272
Exchanges: 111
Market Cap: $$2.66T
24h Vol: $95.10B
Dominance: BTC: 63.1% ETH: 7.4%
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