ENA (Ethena) up 12.62% in 24 hours, with a market cap close to $2 billion
Gate News Bot Message, January 14th, according to CoinMarketCap data, as of press time, ENA (Ethena) is trading at $0.25, up 12.62% in the past 24 hours, with a high of $0.25 and a low of $0.21. The 24-hour trading volume reached $320 million. The current market capitalization is approximately $1.978 billion, ranking 43rd, an increase of $222 million compared to yesterday.
Ethena is a digital dollar solution aimed at the internet economy, offering the stablecoin USDe and yield-bearing asset sUSDe. Currently, the USDe supply is 640 million, with an APY of 5.1%, and an average historical APY of 13%. The platform covers 24 blockchains, with over 896,000 users. The USDtb supply is $852 million, with over 100% protocol support ratio and nearly 100% mint/redeem availability. Ethena is deeply integrated with multiple major exchanges and DeFi protocols such as Aave, Morpho, Pendle, supporting users to earn yields across various platforms. The platform commits to providing weekly independent third-party reserve attestations and monthly custodian attestations to ensure asset transparency and security.