Ethena(ENA)

Ethena Labs is the creator of USDe, a synthetic dollar protocol built on Ethereum. This initiative addresses the need for a stable, scalable form of money within the crypto-native space, without relying on traditional banking systems.

ENA is Ethena’s native utility token and is used in the following functions:

• Governance: ENA token holders can vote on protocol governance decisions.

As of March 29th 2024, the total supply of ENA is 15,000,000,000 and the initial circulating supply upon listing will be 1,425,000,000 (~9.5% of the total token supply.)