
Ethena
ENAEnd
Total Raised
$20.500M
Date
2023-07-19~2025-05-23
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 in his essay series called .
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.
Ethena Overview
Token Symbol
ENA
Sector
Stablecoin
Launch Date
2023
Issuing Chain
Ethereum, Injective
Whitelist
No
Type
Equity
Ethena Tokenomics
Total Raised
$20.500M
Total Supply
15000000000
Private/Presale
$3.750B
Public Sale
$0
Fully Diluted Valuation (FDV)
$10.500B
Initial Circulating Supply
997M
Distribution Mechanism
Ecosystem Development +30.00%
Core Contributors +30.00%
Investors +25.00%
Foundation +15.00%
Ethena Token Sales (ICO & IDO) Rounds
Seed:
2023-07
End
Price
$0
Tokens Sold
$0
Increase
$6.500M
Locked
1 year 25% cliff, with 3 year linear monthly vesting ...
Launch Sector
--
Source
--
Private:
2024-02
End
Price
$0
Tokens Sold
$0
Increase
$0
Locked
1 year 25% cliff, with 3 year linear monthly vesting ...
Launch Sector
--
Source
--
Strategic:
2024-02
End
Price
$0
Tokens Sold
$0
Increase
$14.000M
Locked
1 year 25% cliff, with 3 year linear monthly vesting ...
Launch Sector
--
Source
--
IEO:
2024-04
End
Price
$0
Tokens Sold
$300.000M
Increase
$0
Locked
No lock-up
Launch Sector
Binance Launchpad
Source
--
IEO:
2024-04
End
Price
$0
Tokens Sold
$15.000M
Increase
$0
Locked
No lock-up
Launch Sector
Bybit Launchpad
Source
--