Ethena

24h change: -9.54%. From $0.0933 to $0.0844.

• Ethena unlocked 40.63 million ENA tokens valued at $3.64 million on April 2, 2026, allocated to the Foundation and comprising 0.52% of circulating supply. This event is part of early April unlocks totaling over $643 million across projects including Ethena. Impact on price expected to be limited due to small relative size.
• Ethena protocol produced $50 million in fees on a single day last week, pushing total fees to $666 million. Annualized fees reach $217 million per DefiLlama data. This underscores high usage of USDe stablecoin despite ENA price consolidation.
• Ethena highlighted March achievements like Kraken enabling USDe rewards, Aave V4 integrations, Privy wallet access for 120M accounts, and over $150M in whitelabel stablecoins. Reduced sUSDe unstaking to 1 day and added USDe collateral on Compound. These developments boost adoption and utility.

24h change: +1.60%. From $0.0917 to $0.0932.

• Ethena features ongoing vesting unlocks for ecosystem development and core contributors, with daily releases of about 1.2 to 1.8 million ENA. Circulating supply is 8.5 billion out of 15 billion total supply. These scheduled releases gradually increase available tokens in the market.
• Ethena protocol maintains TVL of $6.6 billion mostly on Ethereum, supported by USDe supply of $5.9 billion across 24 chains. sUSDe yields around 3.6% APY over 30 days. Recent integrations boost composability in DeFi.

24h change: -0.90%. From $0.0908 to $0.09.

• Ethena Labs partnered with the Safe Foundation to enable gas-free Ethereum base layer transactions for USDe Safe holdings. Users can earn up to 10x rewards on these holdings. This improves cost efficiency and accessibility for the protocol's stablecoin users.
• ENA rose 2% to $0.098 on March 26 despite broader market downtrend. The uptick followed listing on NexDAX exchange. Increased social buzz contributed to the price movement.
• Ethena's HyENA, a USDe-margined perpetuals DEX on Hyperliquid, traded over $50 million in its first 48 hours. It ranks as the second-largest permissionless perp market on the chain. Users earn yields on USDe collateral.

24h change: +1.01%. From $0.0903 to $0.0912.

• Ethena is scheduled to unlock 300 million ENA tokens on April 2, 2026. This represents 2% of the total supply and is valued at about $28 million based on current prices. The tokens are allocated to the team, advisors, contractors, and private sale investors. Investors watch unlocks closely as they increase available supply.

24h change: -0.32%. From $0.0912 to $0.0909.

• HyENA is a new USDe-margined perpetuals exchange built on Hyperliquid's standard. Users can trade perps while earning rewards on USDe collateral. This boosts Ethena's utility in DeFi trading ecosystems.
• Ethena integrates USDe into Binance for futures collateral, Earn products, and spot pairs. Aave adds liquid leverage with sUSDe and USDe deposits earning rewards. These moves expand access to millions of users and enhance yield opportunities.
• Ethena and Aave founders discuss crypto shifting toward traditional finance models like borrowing against assets. Users move beyond high-risk yields to stable tools. This reflects broader industry professionalization.