ENA
Ethena Fee Switch: When the ENA Buyback Actually Starts
The vote on the Ethena fee switch runs until September 2, 2026, and even a yes triggers not a single ENA buyback. The reason is a threshold of 7.5 billion USDe, and the protocol is currently around 3.4 billion short of it.
Ethena Foundation Moves to End Investor Unlock Pressure and Tie Protocol Revenue to ENA Tokens
The Ethena Foundation has published a package of four changes aimed at two long-running questions around the project: monthly selling pressure from early backers, and who ultimately captures the economic value the protocol produces.
Why Is Ethena (ENA) Price Up Today? On-Chain Signals Behind the Move
Ethena (ENA) is moving higher today. This on-chain scan outlines the key price catalysts, trading signals, whale activity, and risks traders should watch next.
Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin
Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoin's as the synthetic dollar looks to recover from its 2026 contraction. On Aug. 28, Ethena revealed plans to extend the basis strategy behind USDe into equity perpetual futures, where open interest has surged to about $6.
Ethena Wipes Seller Overhang As ENA Buyback Vote Opens
Ethena's new ecosystem developments hint at a grandiose buyback plan, removing early-seller friction.
Ethena adds equities to basis trade, shutters HIP-3 market on Hyperliquid
Ethena's strategic shift to equities and commodities could significantly broaden USDe's market potential, enhancing its reserve diversification. Ethena adds equities to basis trade, shutters HIP-3 market on Hyperliquid.
Ethena Targets Equity Perpetuals to Boost USDe Yield
Ethena (ENA), the crypto protocol behind the $4 billion synthetic dollar USDe, plans to expand its yield-generating strategy into equity perpetual futures as returns from traditional crypto derivatives weaken. Ethena said Friday that it intends to apply its basis-trading strategy to stock-linked perpetual futures, a rapidly growing market where open interest has surged to $6.2 billion from less than $1 billion in March.
Ethena Foundation plans ENA buybacks contingent on USDe supply nearly doubling to $7.5 billion
Ethena's strategy could stabilize ENA's market by aligning token buybacks with USDe growth, but it risks revenue dependency on volatile yields. Ethena Foundation plans ENA buybacks contingent on USDe supply nearly doubling to $7.5 billion.
Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.
Ethena extends USDe backing to equity perpetuals with $6B open interest
Ethena's strategic shift to equity perpetuals could redefine synthetic dollar backing, potentially stabilizing and diversifying yield sources. Ethena extends USDe backing to equity perpetuals with $6B open interest.
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.
‘Make tokens great again!' — ENA hits yearly high after Ethena makes 4 changes
ENA's extended rally may depend on revenue mechanics after the fee switch goes live.
