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Ethena Price:

$0.199 -8.57%

🏦 Market Cap $2.67B

💰 FDV $2.98B

📊 Volume $563.43M

📈 ATH Price $1.52

Website

Top Investor

YZi Labs (Prev. Binance Labs) Incubation

+12

Unlock Progress

Progress

39.38% 528 Days left

Docs

Whitepaper

1win Token Sale Is Live> Profit First. Token Second> Get $1WIN Ad

Ethena (ENA)

Past

Total Raise: $20.5M

Date: 19 Jul, 23 - 24 Sep, 25

Ethena is a derivative infrastructure provider designed to revolutionize Ethereum into the first crypto-native yield. It utilizes complex hedging techniques to bolster the liquidity of its stablecoin without reliance on the banking system.

The company’s ambition towards independence from the banking financial system has stirred up a lot of speculative rumors about the project among the investors and crypto community. In turn, the project concept and its initial idea got strong support from Arthur Hayes in his essay series called “Dust on Crust”.

Over the past year, Ethena Labs hosted several funding rounds, raising over $20.5M from tier 1 funds, such as Binance Labs, Dragonfly and others.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Ethena Token Unlocks

Core Contributors 30%

Type: Cliff

528 days left

62.5%

Unlocked 2.81B / 4.5B ENA

Value Locked $336.38M

Unlock in 11 days $18.69M 93.75M ENA 0.63% of Total Supply 2.1% of Core Contributors Supply 0.70% of Market Cap

Investors 25%

Type: Cliff

528 days left

62.5%

Unlocked 2.34B / 3.75B ENA

Value Locked $280.32M

Unlock in 11 days $15.57M 78.13M ENA 0.52% of Total Supply 2.1% of Investors Supply 0.58% of Market Cap

Airdrop Season 1 5%

Type: Cliff

Unlocked on 02 Apr, 24

100%

Unlocked 750M / 750M ENA

Value Locked $0

Untracked 39.99%

Data unavailable.
Tokens may be unlocked at any moment.

N/A

Unlocked N/A / 6B ENA

Value Locked N/A

Ethena Unlocking Events

Date	Total Unlocked	% Max Supply	Allocations
2026-11-02	171.88M ENA $34.17M	1.1%	2 Rounds
2026-12-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-01-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-02-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-03-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-04-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-05-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-06-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-07-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-08-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-09-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-10-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-11-02	171.88M ENA $34.17M	1.1%	2 Rounds
2027-12-02	171.88M ENA $34.17M	1.1%	2 Rounds
2028-01-02	171.88M ENA $34.17M	1.1%	2 Rounds

1-15 from 18

Ethena Vesting Schedule

Round	TGE Unlock	02 Apr, 24	02 Apr, 25	02 May, 25
Core Contributors4.5B ENA	0%	Cliff 1 year	Cliff Unlock - 25% 100% - 1.13B ENA	Linear Unlock - 75% 50% - 1.69B ENA Lock: 50%
Investors3.75B ENA	0%	Cliff 1 year	Cliff Unlock - 25% 100% - 937.5M ENA	Linear Unlock - 75% 50% - 1.41B ENA Lock: 50%
Airdrop Season 1750M ENA	100%	Vested at TGE - 100% 100% - 750M ENA
Untracked6B ENA	N/A	Data unavailable. Tokens may be unlocked at any moment.

FAQ about Ethena Vesting

What are ENA token unlock dates?

Next token unlocks for ENA will occur on 02 November, 2026 for Core Contributors, Investors, for a 171.88M ENA, which is 0.23% of max supply.

This unlock was allocated as follows::

Core Contributors - 93.75M ENA ($18.42M)
Investors - 78.13M ENA ($15.35M)

Others in past IDO

Near Protocol (NEAR)

Total Raise: $533.7M

Past

06 Apr, 22 - 06 Apr, 22

dTelecom (DTEL)

Total Raise: $1.2M

Past

24 Feb

Allox AI (ALLOX)

Total Raise: $3.5M

Past

11 May - 19 Oct

Ondo Finance (ONDO)

Total Raise: $34M

Past

17 Aug, 21 - 17 Jan, 24

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