Ethena's governance token ENA saw its open interest in futures double to $237 million and its price rise about 69%, driven by a $1 billion secured warehouse lending facility with FalconX and a broader crypto market rally. The lending deal expands institutional loan opportunities backed by USDe, attracting fresh capital and trading volume, which surged over eightfold. Despite the surge, futures funding rates remained neutral, indicating balanced long and short positions. Analysts warn of potential price correction but note room for further capital inflows if bullish momentum continues.
Ethena (ENA) token experienced a sharp intraday decline of 7.08%, falling from $0.2924 to $0.2717 within four hours on September 27. Despite this drop, the token still showed a slight 0.52% increase over the past 24 hours. During the same period, liq...
Ethena (ENA) token price increased from $0.2705 to $0.2929 within four hours on September 27, marking an 8.28% gain on Binance's ENA/USDT spot market. The token also showed a 7.64% rise compared to the previous 24 hours. During the same period, short...
Between September 29 and October 2, seven crypto token unlock events will release approximately $174 million worth of assets into circulation. The largest unlock is DoubleZero's 2Z token on October 2, releasing about 1.66 billion tokens valued at $11...
Ethena's cryptocurrency ENA surged to $0.28, a level not seen since December 2025, driven by its expansion into USDe yield reserves on Binance and strong market interest. A whale investor bought 18.34 million ENA worth $5.13 million, signaling confid...
Ethena has integrated Binance's tokenized equity stocks (bStocks) as collateral for its stablecoin USDe, using Binance's equity perpetual futures for hedging. This move expands Ethena's collateral base into traditional financial assets worth over $15...
