What is Ethena (ENA)?

Ethena is a decentralized finance (DeFi) protocol that creates USDe, a truly crypto-native stablecoin. Unlike traditional stablecoins, USDe maintains its value against the US dollar through a Delta-Neutral Hedging strategy, ensuring effective price stability without relying on traditional central banks.

In addition to USDe, Ethena offers Internet Bond, a digital bond product that provides steady returns and global accessibility. This allows users to save digital assets while generating yield in a transparent ecosystem.

The Purpose of Ethena (ENA)

Ethena was developed to create a stable, secure, and neutral digital currency. Its main goal is to provide a stablecoin that operates independently of traditional financial systems and is usable worldwide. It also generates yield through arbitrage strategies and staking, distributed to holders via USDe tokens that automatically accumulate rewards. Ethena is committed to providing easy access to digital savings through Internet Bond for all users.

Why choose Ethena (ENA)?

Ethena stands out by combining stability and yield in a single token. Its Delta-Neutral strategy helps preserve the value of USDe even in highly volatile markets. At the same time, holders earn yield through Funding Rate Arbitrage and staking via USDe, creating real income opportunities.

Ethena is supported by major financial institutions and investors, including Franklin Templeton, Polychain, Pantera, Dragonfly, and F-Prime, adding confidence to the protocol. Additionally, its decentralized governance allows ENA token holders to participate in decision-making and protocol direction.

How to trade Ethena (ENA) on Bitazza Thailand

Trading ENA is simple on Bitazza Thailand starting 27 August 2025 at 2:00 PM (GMT+7). Log in to your Bitazza Thailand account, deposit THB, and search for the ENA/THB trading pair among over 100 supported cryptocurrency pairs. Now you can add ENA to your portfolio and be part of the Ethena ecosystem with ease. (Information as of August 2025)

Ethena (ENA) Basics

• Blockchain: Ethereum
• Core Mechanism: Delta-Neutral Strategy
• Total Supply: 15 billion ENA
• Primary Use Cases: Paying fees, voting and governance, accessing and generating yield from USDe

References

CoinMarketCap
Ethena
The Big Whale

Disclaimers
*Cryptocurrency and digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.
**Past performance does not guarantee future performance.

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