Ethena (ENA) is the governance token of the Ethena protocol, a synthetic dollar platform built on Ethereum. Traders and DeFi participants often swap ENA to gain or exit exposure to the protocol's governance rights, or to rebalance a broader Ethereum-based portfolio. Because ENA lives exclusively on Ethereum, swapping it is straightforward as long as your wallet and destination address are both ERC-20 compatible.
Before swapping ENA, confirm that your receiving wallet supports ERC-20 tokens on the Ethereum network — ENA is not available on any other chain, so sending to a non-Ethereum address will result in lost funds. Ethereum network congestion can cause confirmation times to vary, so factor that in if timing matters for your transaction. No memo or destination tag is required for ENA transfers. Zest shows you the estimated rate and the destination amount before you confirm, so review those figures carefully before proceeding. If you are swapping a significant amount, it is worth double-checking the receiving address character by character, as Ethereum transactions are irreversible.
Ethereum
Ethena (ENA) is a cryptocurrency and operates on the Ethereum platform. Ethena has a current supply of 15,000,000,000 with 9,293,750,000 in circulation. The last known price of Ethena is 0.07814357 USD and is up 0.67 over the last 24 hours. It is currently trading on 456 active market(s) with $101,154,245.75 traded over the last 24 hours. More information can be found at https://www.ethena.fi/.
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