# usde

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$ENA Market Flash 🚨
Ethena (ENA) is trading around $0.079-0.08, up over 12% in the past 7 days after bouncing off its all-time low of $0.07024 set on June 30. The rebound is being fueled by strong ecosystem momentum: Ethena represented over 70% of the asset allocation from Robinhood user deposits following the Robinhood Earn feature launch, and BlackRock's tokenized fund BUIDL continues serving as a key reserve asset via institutional partnerships. USDe supply sits near $4.7B with sUSDe yields around 11%.
⚠️ Headwind to watch: ENA carries a heavy structural overhang — roughly 400-500M tokens
ENA-1.71%
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