Ethena raised $10 M in a new round of funding on 2025-07-31.

ENA
ENA
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According to media reports, Ethena raised $10 M in a new round of funding on 2025-07-31. the investors in this funding round include ArkStream Capital and others. Following this round, Ethena's total funding reached $146 M.
Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

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ENA Fundraising History
RoundAmountValuationTimeInvestor(s)
--$10 M--2025-07-31ArkStream Capital
Key Milestones
  • 2025-03-18
    Ethena Labs and Securitize will launch EVM-compatible blockchain Converge
  • 2025-03-12
    Ethena raised $ 16 M in strategic financing
  • 2025-02-25
    The Bithumb exchange will list ENA
  • 2025-02-24
    Ethena raised $ 100 M in strategic financing
  • 2025-01-06
    Aave's governance proposal to peg Ethena's USDe to USDT sparks community concerns about potential conflicts of interest
  • 2024-04-02
    ENA is live for trading
  • 2024-04-02
    Binance listed ENA
  • 2024-02-19
    Ethena is live on mainnet
  • 2024-02-16
    Ethena raised $ 14 M in Seed Plus round
  • 2023-07-17
    Ethena raised $ 6.5 M in Seed round
24-Hour High
$0.845
24-Hour Volume
$22.32M
All-Time High
$1.52
All-Time Low
$0.194
Market Cap / FDV
45.93%
FDV
$12.04B
24-Hour Low
$0.7768
Market Cap
$12.04B
Circulating Supply
6.88B ENA
Total Supply
15.00B ENA
Max Supply
15.00B ENA
Market Sentiment
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