
Ethena Fee Switch Vote Ties ENA Buybacks to USDe Growth
Ethena's fee switch vote comes with a proposed USDe-tied revenue ladder.

Ethena's fee switch vote comes with a proposed USDe-tied revenue ladder.
ENA buyback vote goes live as Ethena buys out selling VCs and ends monthly unlocks. Purchases wait for $7.5 billion USDe.

A new framework assigns protocol IP and value accrual to the Ethena Foundation, while a live vote would use effectively 100% of net revenue for ENA purchases.

Ethena's strategic buyout and token policy shift could set a precedent for DeFi governance, impacting investor dynamics and market stability.

Ethena’s ENA traded near $0.147 on Aug. 27, retaining a weekly gain of about 25% after its sharp breakout met resistance near $0.180. ENA price retreats after reaching $0.180 Ethena (ENA) price was trading near $0.147 at the time of…

CME Group has added three regional U.S. dollar reference rates and real-time indices for Ethena’s ENA token, with daily publication beginning Aug. 24. CME Group adds ENA rates for three market closes CME Group said it had added Ethena (ENA)…

CME's addition of ENA benchmarks enhances institutional crypto adoption by providing standardized pricing tools for global market integration.

ENA’s breakout faces whale-led supply pressure as spot outflows support broader demand conditions.

While bitcoin has ripped 23.6% higher over the last seven days and ethereum has blasted 31.2%, the real fireworks have been deeper down the board, where Pump.fun’s PUMP has exploded 99% and Ethena’s ENA has ripped 98.57%. Even after logging massive gains, a great deal of today’s crypto tokens remain buried below their former peaks, […]

ENA’s breakout settled one question and raised another: who keeps buying above the seven-month high?


The surge in ENA's open interest and price highlights increased market confidence, potentially attracting more institutional investment and liquidity.

Ethena price extended its weekly gain to about 65% on Aug. 21, reaching $0.142 after a $1 billion lending deal with FalconX and bullish calls from Arthur Hayes fueled demand for ENA. Ethena price action today According to data from…

ENA still needs on-chain support to establish a clear bullish foundation.

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.

Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers. How the $1 billion USDe facility will work FalconX and Ethena said the warehouse financing arrangement…

ENA rebounds from ascending support as fresh supply pressure tests recovering demand and upside liquidity prospects.

Ethena's shift to institutional lending via FalconX enhances stability and yield potential, mitigating risks from volatile funding rates.


StablecoinX Inc. emerged from its Nasdaq merger with about 3 billion ENA tokens, a position equal to roughly 20% of the token’s supply. The New York company disclosed the stake with results for the quarter ended June 30. StablecoinX started trading as USDE on June 26, one day after closing its merger with TLGY Acquisition […]