What is Ethena (ENA)?
Ethena current price is $0.122 and has increased by 8.05% in the last 24 hours.
Ethena is a DeFi / Stablecoin project founded by Guy Young in 2024, running on Ethereum with ERC-20 (Ethereum) consensus and a circulating supply of 7.96B.
ENA Project Information
| Founder(s) | Guy Young |
| Blockchain | Ethereum |
| Consensus Mechanism | ERC-20 (Ethereum) |
| Category | DeFi / Stablecoin |
| Official Website | ethena.fi |
ENA Live Chart and Technical Analysis
Ethena is a decentralized finance (DeFi) protocol launched in 2024. Core analytical parameters for DeFi projects include Total Value Locked (TVL), protocol revenue, and governance token distribution. On ENA/USDT, shifts in liquidity pool depth are a reliable leading indicator for short-term price pressure.
The Ethena price is determined by global supply-demand dynamics across all listed venues. Monitor the 24h high, low, volume, and order book depth directly on the ENA/USDT chart on Alerta Chart.
Technical Indicator Settings for ENA
Analysts typically apply the following settings when monitoring Ethena:
- RSI (14): Oversold below 30, overbought above 70. Divergences against price often precede reversals.
- Bollinger Bands (20, 2): Band squeezes followed by breakouts are high-probability setups for ENA.
- SMA 200: The primary long-term trend anchor. Sustained trade above signals accumulation phases.
How to Set ENA Price Alerts
With Alerta Chart’s cloud-based alert engine, you receive instant notifications the moment ENA hits your target price. Alerts execute server-side — no need to keep the app open or your phone on.
ENA Ecosystem and Tokenomics
Ethena runs on Ethereum using the ERC-20 (Ethereum) model. With a circulating supply of 7.96B against a maximum of 15B, the project’s long-term tokenomic structure is defined by this supply ratio. The project was initiated by Guy Young in 2024, and the development team remains a key driver of ecosystem expansion.
Where to Trade ENA
Ethena (ENA) is available on major centralized exchanges including Binance, Bybit, and OKX under the ENA/USDT pair. For live charting, price alerts, and multi-chart analysis without registration, use Alerta Chart’s free terminal.
Frequently Asked Questions
How do traders approach Ethena (ENA) market structure?
What is the total supply of ENA?
Where is ENA listed?
How to stake ENA?
What is the best wallet for ENA?
What drives Ethena (ENA) price movement?
How do large players move ENA markets?
Data as of April 19, 2026. Not financial advice.