#ENAcoin *Ethena (ENA) Coin*
Ethena (ENA) is a synthetic dollar protocol on Ethereum, launched in *Feb 2024 by Guy Young*. It created USDe, a stablecoin backed by ETH hedging, not by bank USD. ENA is the governance token.
ENA is used for governance, staking, and USDe rewards. Total Max Supply is *15 Billion ENA*, Circulating ~ *6.5B ENA*. ATH was *$1.52 in April 2024*. Now in 2026 price ~ *$0.50*, Market Cap ~ $3.2B, Rank #45.
*Binance Listing:* Binance listed ENA on *2nd April 2024* as Binance Launchpool 50th project. Listing with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, ENA/TRY pairs. Available on Spot, Futures, Earn, Margin.