ENA

ENAGovernanceGovernance Token

Governance

ENA is Ethena's governance token (15B max supply). Staking ENA into sENA enables protocol fee sharing once the governance fee switch is active and earns airdrop-campaign multipliers.

Price

$0.08

24h change

-1.60%

Market cap

$820.4M

24h volume

$34.3M

FDV

$1.25B

Circulating

9.83B

30-day price

No price history available.

Tokenomics

Max supply

15.00B

Buyback policy

Governance fee switch can route revenue to sENA stakers (not a buyback/burn).

Distribution

Ecosystem development & airdrops30%

Core contributors30%

Investors25%

Foundation15%

15B ENA max supply.
sENA captures fee sharing (once enabled) + airdrop multipliers.

On-chain

Alchemy · live

Live circulating supply136.0KENA

Decimals18

Arbitrum contract0x5853…0133

Last refreshed1s ago

Supply trend · ~30d

Recent transfers

When	From	To	Amount
3h ago	0x023f…1fc7	0x888c…c79e	1
1d ago	0x09ad…4afa	0x360e…fb32	3
1d ago	0x1231…4eae	0x09ad…4afa	3
1d ago	0x1231…4eae	0x37e9…07ed	0.0101
1d ago	0x1231…4eae	0xc06e…264b	0.0075
1d ago	0xa8c4…55c3	0x1231…4eae	3
1d ago	0x1231…4eae	0xcbbf…f577	18
1d ago	0x20f6…860c	0x1231…4eae	18

Metadata

Token typeGovernance

Coin typeGovernance

Sub-categoryGovernance Token

IssuerView network

ChainsArbitrum One

Arbitrum nativeNo

Founded—

Links

Website Twitter / X CoinGecko Audit report Arbitrum Portal Contract (Arbiscan)

Off-chain facts

Fee SwitchCuratedTheoretical
ENA governance can activate a fee switch sharing revenue with sENA stakers once thresholds are met.
Ethena

Market

Not listed

This protocol has no CoinGecko-listed token, so live market data (price, market cap, volume) isn't available yet.