Ethena
CHF
ENA / CHF

Ethena to སུ་ཡིས་ཀྱི་དངུལ་ ཕྲངཀ calculator — live exchange rate

See how much Ethena is worth in སུ་ཡིས་ཀྱི་དངུལ་ ཕྲངཀ right now. Calculate any amount, compare exchange rates and decide with up-to-date ENA/CHF market data.

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Ethena
1 ENA=

Orientative market price. Actual rate may vary due to fees and spread.

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Ethena to CHF — Market data

Fr 0,0707+༥.༣༤%7d: +༣.༠༦%

Market cap

Fr༦༧༡.༣༥M

24h Volume

Fr༩༡.༠༦M

Max supply

༡༥B

Circulating supply

༡༥B

Type

currency

The price of Ethena is rising

The value of Ethena is Fr 0,0707. That means, to purchase 5 ENA, you will need to pay Fr 0,3533. On the other hand, with Fr 1,00, you can buy a total of ༡༤.༡༥༢༣༠༦༣༩ ENA, while Fr 50,00 would allow you to make an acquisition of ༧༠༧.༦༡༥༣༡༩༢༩ ENA.

In the last 7 days, the price of Ethena has increased by +༣.༠༦%. Meanwhile, in the last 24 hours, the price has changed by +༥.༣༤%.

Convert ENA to CHF

Amount༢༠༢༦-༠༧-༢༡ ཆུ་ཚོད་ ༠༩ སྐར་མ་ ༤༧ ཕྱི་ཆ་
0.5 ENAFr 0,0353
1 ENAFr 0,0707
2 ENAFr 0,1413
5 ENAFr 0,3533
10 ENAFr 0,7066
50 ENAFr 3,53
100 ENAFr 7,07
500 ENAFr 35,33
1000 ENAFr 70,66

Convert CHF to ENA

Amount༢༠༢༦-༠༧-༢༡ ཆུ་ཚོད་ ༠༩ སྐར་མ་ ༤༧ ཕྱི་ཆ་
Fr 0,5000༧.༠༧༦༡༥༣༡༩ ENA
Fr 1,00༡༤.༡༥༢༣༠༦༣༩ ENA
Fr 2,00༢༨.༣༠༤༦༡༢༧༧ ENA
Fr 5,00༧༠.༧༦༡༥༣༡༩༣ ENA
Fr 10,00༡༤༡.༥༢༣༠༦༣༨༦ ENA
Fr 50,00༧༠༧.༦༡༥༣༡༩༢༩ ENA
Fr 100,00༡,༤༡༥.༢༣༠༦༣༨༥༨ ENA
Fr 500,00༧,༠༧༦.༡༥༣༡༩༢༩༡ ENA
Fr 1.000,00༡༤,༡༥༢.༣༠༦༣༨༥༨༣ ENA

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What is Ethena?

Ethena (ENA) is worth Fr 0,0707 in CHF (CHF) with a 24h change of +༥.༣༤%. 24h volume: Fr༩༡.༠༦M. Convert Fr 100,00 to about ༡,༤༡༥.༢༣༠༦༣༨༥༨ ENA ENA at the current rate. Ranked #42 globally by market cap.

Ethena is a synthetic dollar protocol built on Ethereum that will provide a cryptocurrency solution for money that does not rely on traditional banking system infrastructure, along with a globally accessible dollar-denominated savings instrument: the “Internet Bonus”.

Ethena at a glance

USDe: a "synthetic dollar," not a bank-backed stablecoin

Ethena's core product is USDe, a "synthetic dollar" that aims to hold a dollar peg without being backed by dollars in a bank, unlike stablecoins such as USDT or USDC. Its stability is achieved through a financial strategy (delta-neutral), not cash reserves, which makes it a different model with risks of its own.

The delta-neutral strategy that holds the peg

Ethena holds the peg by combining a spot position in crypto (such as staked ETH or BTC) with an equivalent short position in perpetual futures: if the asset's price rises, the short's loss is offset by the spot gain, and vice versa. That "delta-neutral" balance cancels price exposure and is what sustains the value of USDe.

The yield of sUSDe and the negative-funding risk

Staking USDe gives you sUSDe, which distributes the strategy's yield: it comes mainly from the "funding" that long traders pay to shorts in the perpetuals, plus staking of the spot leg. The inherent risk of this design is that, in prolonged bear markets, that funding can turn negative and the yield can fall to zero or below, which pressures the model. The price is volatile and this is not advice.

Calculator, converter and live Ethena/སུ་ཡིས་ཀྱི་དངུལ་ ཕྲངཀ rate

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Frequently asked questions about the Ethena calculator

USDe is backed by a financial strategy, not by cash in a bank: Ethena holds spot crypto (such as staked ETH or BTC) and, at the same time, equivalent short positions in perpetual futures. That "delta-neutral" combination hedges the collateral's price swings and is what lets it try to hold a $1 value.

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