Ethena

ENA

0x57e1…1e6061

Rank #42

DeFi ApplicationView all

Price

$0.269

Burn

--

Buyback

--

Dynamic

No

Claim

$3.20B

Raise Amount

$164.50M

Version 9

Updated: 30 Sep 2026

Overview Tokenomics Unlock Events Competitor Analysis Fundraising Claimed Updates

Version 9

Updated: 30 Sep 2026

Ethena Updates

Trending Tokens

Token Information

Last updated 10/01/26 04:59 UTC

What is the Ethena token vesting schedule?

Ethena follows a vesting schedule with allocations to the Core Contributors, Ecosystem Development, Investors, Foundation and Binance Launchpool. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2028.

When is the next Ethena unlock?

The next unlock for Ethena is scheduled for October 2, 2026. Released to Core Contributors.

How much Ethena supply is currently unlocked?

As of today, approximately 10,095,312,500 Ethena which is 67.30% of Ethena's total supply has been unlocked. The remaining tokens are still locked and will be released according to the vesting schedule.

Is Ethena vesting cliff or linear?

Ethena uses cliff vesting, especially for Core Contributors allocations. This means tokens are released all at once after a set waiting period, creating a delayed but significant supply event.

What is the difference between Ethena circulating and total supply?

The circulating supply of Ethena is 10,095,312,500 tokens and the total supply is 15,000,000,000 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.

What is Ethena's FDV (Fully Diluted Valuation)?

Ethena’s FDV is $4,122,510,000 which reflects the market value if all 15,000,000,000 tokens were unlocked. This figure helps estimate long-term dilution risks.

How is Ethena allocated across stakeholders?

The Ethena allocation includes Binance Launchpool at 2.00%, Core Contributors at 30.00%, Ecosystem Development at 28.00%, Investors at 25.00% and Foundation at 15.00%.

Has Ethena price dropped after past unlocks?

Historically, Ethena has shown low volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.

How can I track upcoming Ethena unlocks?

Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Ethena, with visibility for each allocation and amount.

Tokenomist Research

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Why Your Project Needs a Market Maker

A token can have interested buyers and still be difficult to trade. A market maker keeps buy and sell orders available, so traders can exchange tokens with less disruption to the price. Before you hire one, understand what you are paying for and how you will check the work.

Sep 29, 2026

13 min read

Unlocks Activity

Unlocks Activity in October 2026

October's combined leaderboard was topped by BTC's linear release, with HYPE's cliff event close behind and RAIN a distant third — three unlocks that together dwarf the rest of the field. Beneath them, two tokens broke sharply from the pack on float impact

Pro

Sep 28, 2026

8 min read

Tokenomist Research

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Press & Mentions

See all press & mentions

3 Token Unlocks to Watch in the Second Week of July 2026

BeInCrypto · Jul 5, 2026

Source: official website

3 Token Unlocks to Watch in the Second Week of July 2026

3 Token Unlocks to Watch in the Second Week of June 2026

BeInCrypto · Jun 7, 2026

Source: official website

3 Token Unlocks to Watch in the Second Week of June 2026

Press & Mentions

See all press & mentions

Tokenomist.ai provides a complete solution for supply-side tokenomics data. Analyze future token emissions, track vesting schedules, and compare standardized tokenomics and allocation across projects to gain actionable insights

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Ethena

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No

$3.20B

$164.50M

Ethena Updates

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Token Information

What is the Ethena token vesting schedule?

When is the next Ethena unlock?

How much Ethena supply is currently unlocked?

Is Ethena vesting cliff or linear?

What is the difference between Ethena circulating and total supply?

What is Ethena's FDV (Fully Diluted Valuation)?

How is Ethena allocated across stakeholders?

Has Ethena price dropped after past unlocks?

How can I track upcoming Ethena unlocks?

Tokenomist Research

Why Your Project Needs a Market Maker

Why Your Project Needs a Market Maker

Unlocks Activity in October 2026

Unlocks Activity in October 2026

Tokenomist Research

Press & Mentions

Press & Mentions

Token unlocks, vesting structures, allocation breakdowns, emission schedules, and supply-demand mechanics, verified from multiple sources. The analysis institutions rely on.

Subscribe to Free Tokenomist Research Brief.

Trending Tokens

Lighter

Hyperliquid

Sui

Ondo

Aster

Aptos

Worldcoin

Ethena

LayerZero

Plasma

Token Information

What is the Ethena token vesting schedule?

When is the next Ethena unlock?

How much Ethena supply is currently unlocked?

Is Ethena vesting cliff or linear?

What is the difference between Ethena circulating and total supply?

What is Ethena's FDV (Fully Diluted Valuation)?

How is Ethena allocated across stakeholders?

Has Ethena price dropped after past unlocks?

How can I track upcoming Ethena unlocks?

Tokenomist Research

Why Your Project Needs a Market Maker

Why Your Project Needs a Market Maker

Unlocks Activity in October 2026

Unlocks Activity in October 2026

Press & Mentions