Ethena (ENA) | Tokenomics & Vesting Schedule

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Ethena

ENA

0x57e1…1e6061

Rank #76

DeFi ApplicationView all

Price

$0.097

Burn

--

Buyback

--

Dynamic

No

Claim

$1.15B

Raise Amount

$164.50M

Version 9

Updated: 26 Mar 2026

Version 9

Updated: 26 Mar 2026

Ethena Updates

Trending Tokens

Token Information

Last updated 03/26/26 18:55 PM

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 April 2, 2026. Released to Core Contributors.

How much Ethena supply is currently unlocked?

As of today, approximately 8,492,187,500 Ethena which is 56.61% 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 8,492,187,500 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 $1,454,535,000 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 Foundation at 15.00%, Binance Launchpool at 2.00%, Core Contributors at 30.00%, Ecosystem Development at 28.00% and Investors at 25.00%.

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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Tokenomist Research

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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

$1.15B

$164.50M

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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

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Unlocks Activity in March 2026

Unlocks Activity in March 2026

Unlocks Activity in March 2026

Tokenomist Research

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

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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

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 23-29, 2026 | $PARTI Unlock and $HYPE Momentum

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 16-22, 2026 | $ZRO Unlock in Focus

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Weekly Token Unlocks Digest: Mar 9-15, 2026 | $4.39B WBT Unlock Ahead

Unlocks Activity in March 2026

Unlocks Activity in March 2026

Unlocks Activity in March 2026