Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Ethena has opened a governance proposal to implement a fee switch using net revenue from all of its business lines to programmatically buy back ENA. The proposal, titled Revenue Buyback Vote, is live for community consideration.If approved, the proposal would connect protocol-wide revenue to recurri…
Ethena Foundation and Ethena Labs announce a governance framework agreement that assigns protocol intellectual property and ownership of accrued value exclusively to the Ethena Foundation under token-holder governance.Under the framework, ENA token holders govern the entity that owns protocol value,…
Ethena Foundation, which supports the "synthetic dollar" protocol behind USDe, has announced four ecosystem changes aimed at addressing concerns over investor token unlocks and where the value generated by the protocol goes.The updates include buying out certain early investors, ending monthly inves…
Ethena price continues to consolidate within a multi-month falling wedge on the daily chart, with price trading just below a key descending resistance trendline. While the broader market structure remains bearish, the narrowing price range and sustained derivatives activity indicate that volatility…