Ethena

Ethena (ENA)

Full information about Ethena (ENA). Current Ethena price in SAR, ENA open/close rates, Ethena history charts, Ethena market capitalization and volume.

1 ENA = 1.43 ﷼ Saudi Riyal (SAR)
0.3816644 SAR

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 3.750492 SAR

General information
Global rank:93
Name: Ethena Ethena
Symbol:ENA
Current coin price (SAR):1.43 ﷼
Last hour:arrow_upward0.110 %
Last 24 hours:arrow_downward-1.31 %
Last 7 days:38.42 %trending_up
Capitalisation (SAR):2 721 952 104.52 ﷼
Volume 24h (SAR):612 985 933.20 ﷼
Available supply:1 901 562 500.00 ENA
Total coin supply:-1 ENA
Start date:2024-03-05
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago
Line
Candle
OHLC
USDEURCADGBPCHFJPYZAR
JavaScript chart by amCharts 3.20.16Value$0.3221
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 300.240.260.280.300.320.340.36
JavaScript chart by amCharts 3.20.16Volume$45,125.05
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 300500,000
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 30

Ethena/Saudi Riyal (ENA/SAR) price chart

Ethena/Saudi Riyal (ENA/SAR) capitalisation and volume charts

What is Ethena (ENA)?

Ethena is a digital currency project that was announced as the 50th project on the Binance Launchpool. It operates on the Ethereum blockchain and is described as a synthetic dollar protocol. This digital asset is designed to provide users with a mechanism to earn tokens through a process known as "farming," which involves staking cryptocurrencies. The project is notable for its Launchpool, where users can stake BNB and FDUSD to farm ENA tokens​​​.

What is Ethena (ENA) used for?

The primary use of Ethena revolves around its function within the DeFi (Decentralized Finance) ecosystem, particularly in relation to stablecoin issuance and savings tools. Ethena introduces a stablecoin solution that is independent of traditional banking systems, focusing on stability and utility within various DeFi applications. Additionally, it offers a product known as the Internet Bond, based on its USDe stablecoin, which is aimed at providing users worldwide with a blockchain-based USD savings instrument. This product seeks to combine profits from Liquid Staking Tokens (LSTs) and the futures and perpetual swap markets, marking it as a novel savings tool within the blockchain space​.

Who created Ethena (ENA)?

Ethena was developed by a Portugal-based startup, backed by a $6 million seed funding round.