Meet Ethena (ENA) – The Stablecoin Protocol with Built-In Yield

What is Ethena (ENA)?

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

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

The Purpose of Ethena (ENA)

Ethena was created to establish a stable, secure, and neutral digital currency that operates independently of traditional finance and is usable worldwide.

Its design combines stability with yield:

• USDe maintains its peg through arbitrage and hedging.
  
  
• Holders benefit from yield generated via Funding Rate Arbitrage and staking.
  
  
• The Internet Bond product gives users a way to earn predictable returns in digital assets.
  
  

Overall, Ethena aims to make digital savings simple and accessible to all.

Why Choose Ethena (ENA)?

Ethena stands out because it delivers both stability and yield in a single token. Its Delta-Neutral strategy is designed to preserve USDe’s value even in volatile markets, while holders earn real yield through arbitrage and staking.

Other reasons to choose Ethena:

• Institutional Support: Backed by investors including Franklin Templeton, Polychain, Pantera, Dragonfly, and F-Prime.
  
  
• Decentralized Governance: ENA holders can vote on key decisions and protocol upgrades.
  
  
• Innovation: Combines traditional finance concepts like bonds with crypto-native stability.
  
  

How to Trade Ethena (ENA) on Bitazza

Trading ENA on Bitazza is simple:

1. Create an account on Bitazza.
   
   
2. Deposit funds into your wallet.
   
   
3. Search for the ENA/USDT pair and start trading instantly.
   
   

With over 100 cryptocurrencies available, ENA now joins the growing Bitazza lineup of innovative global projects. (Information as of August 2025)

Ethena (ENA) Basics

• Blockchain: Ethereum
  
  
• Core Mechanism: Delta-Neutral Hedging Strategy
  
  
• Total Supply: 15 billion ENA
  
  
• Primary Use Cases: Transaction fees, governance, yield access via USDe, and digital savings with Internet Bond
  
  

Start Trading ENA/USDT Today