ENA is Ethena's governance token — the asset of the protocol behind USDe, the synthetic dollar that became one of the largest stables on earth by running a delta-neutral hedge rather than holding cash. The deployment 0x57e114b691db790c35207b2e685d4a43181e6061 is the canonical mint; our October 9, 2026 snapshot reads $6.7 million of tracked pool liquidity on this pair set.
The honest shape: ENA's value rides on USDe's durability — a bet on the hedge machinery surviving the negative-funding stress case it was designed for but hasn't fully faced — plus the fee economics of Ethena's stack (USDe, sUSDe, USDtb, and now USDat). It's a governance claim on real, measurable protocol revenue, which puts it a tier above pure attention assets while keeping the tail risk its whole design carries.
Figures are HostDeFi's read dated October 9, 2026; the live scan refreshes them.
Balance concentration: the 10 largest token accounts hold 60.25% of ENA's supply as of 2026-09-27 — meaningful concentration; watch whether the large accounts are pools and lockers or free wallets. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.
Price and safety history of ENA
Every dated snapshot we hold for ENA — price, market structure and grade, as measured, with nothing interpolated between them.
Date
Price
Market cap
Liquidity
Holders
Grade
2026-10-16
$0.2039
$2.73B
$6.50M
—
B
2026-10-15
$0.2022
$2.71B
$6.30M
—
B
2026-10-14
$0.1955
$2.62B
$6.40M
—
B
2026-10-13
$0.2114
$2.83B
$6.44M
—
B
2026-10-12
$0.2188
$2.93B
$6.29M
—
B
2026-10-11
$0.2211
$2.96B
$6.74M
—
B
2026-10-09
$0.2171
$2.91B
$6.72M
—
B
2026-10-08
$0.2137
$2.87B
$6.03M
101,512
B
2026-10-07
$0.2263
$3.03B
$5.91M
101,512
B
2026-10-06
$0.237
$3.18B
$6.83M
102,529
B
2026-10-05
$0.2498
$3.35B
$6.07M
101,512
B
2026-10-04
$0.2392
$2.41B
$6.15M
101,512
B
2026-10-03
$0.2337
$2.36B
$5.47M
101,512
B
2026-10-02
$0.2447
$2.47B
$5.91M
101,512
B
2026-10-01
$0.2462
$2.49B
$6.24M
101,512
B
2026-09-30
$0.2617
$2.64B
$5.61M
101,512
B
2026-09-27
$0.2765
$2.79B
$6.23M
101,512
B
2026-09-26
$0.2717
$4.08B
$3.69M
101,336
B
2026-09-21
$0.2257
$2.28B
$3.69M
101,336
B
2026-08-17
$0.08401
—
$2.47M
—
B
Contract
0x57e114b691db790c35207b2e685d4a43181e6061
Verify ENA by this address, never by name or ticker.
Put the ENA grade on your site
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Linked shield · click to copy<a href="https://hostdefi.com/token/ethereum/ena/" target="_blank" rel="noopener"><img src="https://hostdefi.com/api/badge/ethereum/0x57e114b691db790c35207b2e685d4a43181e6061.svg" alt="ENA safety grade B on HostDeFi"></a>
Live card · click to copy<iframe src="https://hostdefi.com/embed/badge/ethereum/0x57e114b691db790c35207b2e685d4a43181e6061" width="380" height="62" style="border:0" loading="lazy" title="ENA safety grade — HostDeFi"></iframe>
Markdown (READMEs) · click to copy[](https://hostdefi.com/token/ethereum/ena/)
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FAQ
Is ENA a safe token?
As of the 2026-10-09 snapshot, ENA scores 80/100 (grade B) on HostDeFi's on-chain read — based on a contract that has unconfirmed mint controls, has unconfirmed freeze and blacklist controls, liquidity of $6.72M. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell ENA, or is it a honeypot?
Our Ethereum read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-10-09. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of ENA?
Per-wallet distribution for ENA wasn't resolved in the 2026-10-09 snapshot. Run the live scan, which reads holder concentration directly from the chain.
Can ENA's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Ethereum aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the ENA contract address?
The ENA contract address on Ethereum is 0x57e114b691db790c35207b2e685d4a43181e6061. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy ENA safely?
Run the live on-chain scan at the top of this page first; if ENA clears, you can swap it here directly. Whatever venue you use, match the contract address (0x57e114b691db790c35207b2e685d4a43181e6061) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product
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